Increase the value of your home

Need more space but can’t afford to move?

Or do you want to sell your house on?

The best option is to really make the most of what you have.

The biggest need and want for homeowners is now space as apposed

to destination. Bigger rooms are the top of the list when shopping for

a new home. Since the market crash and ever rising house deposits

many people aren't in a position to move. There is another option

though, Look at what you can be doing to improve you current home

and where you can add value.

Things to consider:

Extensions

An extension, 95% of the time is going to

add value, We advise you to shop around

and check local house prices to understand

how much value another kitchen, bathroom

or bedroom will add to your property, be

careful not to overdevelop.

Conservatory

If you need more space another option

is a conservatory. They can be a quick,

cheaper way to add space and another

room and they generally don’t require

planning permission to build.

Planning permission

Research before you submit your plan as

it ‘typically costs around £300 even if it

is not approved. You would need to look

at the other properties on your street, this

will give you an idea of the type of projects

that are likely to get planning permission

in your area.

Internal changes

Extensions are expensive, so first

consider whether you can increase the

space and potential of your property

by changing the internal layout instead.

Removing or moving internal walls can

make a big difference and far cheaper

than building a new room. You must check

that the wall in question is not load baring

before you go knocking out walls though

Side extensions

A side extension can add floor space

and are a far cheaper way of opening up

space.

Gardens

Weigh up the value of your garden VS

an extension. Large gardens are hard

to come by these days and reducing the

size can actually reduce value rather than

increase it. Always make sure you aren’t

cutting off too much outside space as this

is an important factor when coming to sell.

Be aware…

Some improvements won’t add value

but will break even and give the rooms

a better flow with more space but stay

away from the following to ensure you

don’t decrease value: Losing a bedroom in

your property, for any reason, will devalue

your house. If you’re considering losing a

bedroom in order to create a bathroom or

study..... Don’t Do It! Garish and ‘unique’

kitchens and bathrooms will not appeal for

the majority, be unique but careful not to

go overboard, try to stay neutral. Big bold,

bright colours, animal print etc are a no, no

if you want to sell, you may like it but the

chances are others won’t so keep it simple

and neutral.

6 Tips to add value:

Add a bedroom – whether you extend the house or

split a bigger bedroom into two, more rooms means

more money. Having a fitted bedroom means you will

utilise a lot of wasted space and it will look far neater

than free standing units

Adding an ensuite to bigger bedrooms is a great

way to entice a buyer or for you the convenience of

having an ensuite is a huge benefit.

Add a bathroom or toilet a downstairs toilet is a huge

plus, especially if you have guests

Make it open plan – separate kitchens, dining rooms

and living rooms are nice but close off the room and

make it feel smaller. Knock down that wall and make

it open plan to make the house feel bigger

Open plan kitchen/diners and even living rooms are

the current must have, think about creating a beautiful

‘entertaining’ area with centre island, dining table and

breakfast bar so your family or guests can socialise

with you whilst you cook, drink and prepare.

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