In the following short guide, we’ll look at ways to increase the value of your home, ranging from a loft conversion to a new driveway.
First, let’s look at a single-story extension. Having one added can increase your home’s value by around 4-7%. Popular forms of single-story extensions include single story rear extensions, wrap-around extensions, and side returns.
You should make sure to check out the single-story extension costs of various suppliers before choosing a company to go with. The same applies to any of the other possible appreciating installations.
Alternatively, you may be interested in a double story extension that will provide your home with approximately an 11% rise in value.
There are various types worth considering for a conservatory, such as a lean-to, Edwardian, Edwardian gable, Victorian, off the wall, orangery, and P, L, T & U-shaped conservatories. A conservatory will probably add 5% to the value of your house.
In terms of renovation work, for one, you may wish to have your attic converted. This can add significantly more value to your home than the previous consideration. For example, a loft conversion could add around 15% to your home’s value.
How about a new driveway? Depending on how much room you have to work with and other considerations, adding a new driveway may appreciate your home’s worth by about 10%, give or take.
Other ways of bringing up the value of your household include enhancing your home’s energy efficiency. This could be achieved through various means, such as fitting solar panels and adding energy-efficient radiators.
Energy-saving improvements could add around 14% to your home’s worth, although it could add up to 38% in value in some regions of England.
In addition, you could try updating systems and appliances, improving the home’s aesthetics, and having a new technology installed.
Increase storage space
Increasing space, in general, is another great way to add to the price of a property. For instance, you could have fitted wardrobes added to your bedroom. Simply find more innovative ways to store items throughout your home.
It is not just the utility of these alterations or additions that will improve a home’s value. Aesthetics also play an important role. Be sure to give it time to consider what improvements you might like to introduce.
By undertaking the right research, you’ll be well on your way to increase the value of your home, increasing how much you’d make in the future should you ever sell it.
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