How to add value to your home

There are many ways value can be added to your home, from large scale projects to more simple methods. In terms of large scale, these could be:

 

• Loft conversions – this will increase the floor area and give you more space. Adding a loft conversion can increase value by 10-20%, rising even higher in London. They are not a simple way to add value, and require lots of things to consider; prior research is essential. For example, converting a 2 bed to a three bed home, you should make sure the costs of converting the loft add up to the same value of the 3 bed in your area.

 

• Garage conversions – these are a quicker and cheaper way of increasing the floor area than a full extension. Converting a garage offers flexibility, they can be turned into playrooms, an office, utility or just increase your already existing living space.

 

• Extensions and redesigns – open plan living has become very popular in recent years, reconfiguring your downstairs living space to create a kitchen diner improves the overall condition and adds value. Increasing the floor area by adding an extension and reconfiguring the downstairs living space could add approximately 12% in value.

 

Obviously, these large scale projects involve considerable disruption and expense, as well as planning permissions and architects for loft conversions. Redecorating can revamp a home considerably, just by adding a fresh coat of paint or updating the kitchen/bathroom. Decluttering and organising your home can also make a significant impact to improving the overall condition.