Home improvements are great for the short time. They create a better, bigger, nicer or more spacious home for you and your family. However, the right home improvement can also add some serious value to your home.
In this blog post we look at how much some home improvements can add to the value of your home.
A Garage Conversion
Around 90% of all garages in the UK are empty, full of junk or crammed with things you ‘might need’ in the future. If you have off-road parking available with your home, you can significantly increase the value of your home by converting your garage. You could convert your garage into a childrens playroom, a spare bedroom or extra living space for example. A garage conversion in Peterborough could add up to 20% to the value of your home.
An Updated Kitchen
While the kitchen is where we spend a lot of our time every day, it is not often the room that gets updated. A basic kitchen makeover where fixtures and fittings are changed, energy efficient appliances are installed and door handles are repaired can add up to 6% to the value of your home. This is especially the case if you are considering a brand new kitchen being fitted, and you can expect to hit the 6% added value to your home if you do this.
A Loft Conversion
The saying goes that the ‘only way is up’ – in fact there was even a song about it! A great way of adding an extra bedroom and bathroom in your home is through a loft conversion. This can increase the loft space in your home by up to 30%! While you will need to ensure that the pitch of your roof is steep and you’ll need to sacrifice some space on the floor below for access – this is a worthwhile home improvement. In fact it could add up to 15% to the value of your property.
If you’re looking for a relatively simple way of adding living space to your home why not consider a conservatory? If you have space in your garden to extend then this can be a great home improvement. You will need to make sure that the conservatory is well designed to fit with your home. A badly installed or poorly match conservatory can actually drop the value of your home. That said, a well designed conservatory could add up to 5% to the value of your property.
An Extra Bathroom
Life with a growing family is certainly made easier with an extra bathroom. This is shown in the value of a property too. However, you have to think carefully about where you will have the additional bathroom in your home. For example, if you change a spare bedroom into an extra bathroom this can devalue your home. Instead, if you put an extra bathroom into your home as an en-suite to your master bedroom, you could add up to 6% to the value of your home.
If you would like help with high quality home improvements in Peterborough that will add value to your home, call our team now.