10 ways of adding space and value to your home
- Lick of paint
First impressions really count. A coat of paint on the walls can freshen up your home, without breaking the bank.
- Add parking
If you have a front/rear garden with road access, consider converting it into a drive. This can add value, especially if parking is limited on the rest of the street.
- Get planning permission – average of £2,500
If you have the potential to extend, it could be worth having an architect draw up plans, and apply for planning permissions on your property. This can create great appeal for people looking for the long-term potential to extend.
- Garage conversion
Garages now tend to be too small to house the larger, modern cars, and are mostly dead space. Convert your garage into an office space/extra reception room to really increase your sale-ability.
- Loft conversion – average of £15,000 to £40,000
These conversions are rarely straight forward, but when space is at a premium, you can add 5-10% onto the value of your house.
- Conservatory – average of £5,000 to £15,000
A good conservatory should flow and act as an extra reception room, at the expense of your garden, and can add 5% to your total property value.
- New kitchen – average of £8,000
The kitchen is one of the first things a prospective buyer will look at. Open plan houses are currently on trend, so try and make sure your new kitchen is light and airy. A new kitchen can add up to 6% onto your property.
- Extra bathroom – average of £4,500
You can never have enough bathrooms. If you have the space, look at creating a new bathroom, or upgrade your current bathroom with a separate shower cubicle next to the bath. Most people would opt for to have both a shower and a bath, and will pay a slightly higher premium that.
- Cellar conversion
Waterproof your cellar, add some lighting and a coat of fresh paint, to convert into a handy storage/utility area.
Some of these additions can be quite costly, so always get the advice of your builder/architect/estate agent before undertaking any big jobs.
If you have any questions about today’s blog, please give us a call at Coppenwall Estate Agent.