We’ll start with extensions. If you do have access to a chunk of savings, or home improvement finance options, an extension is a great option. We have a full guide to extensions here, as there are so many options. From single storey to double storey, side, back or wraparound, the key to consider is what the extension will add to your home. Desirable features for buyers are often multiple bedrooms, an open plan kitchen-diner, and particularly in the current climate, office space. Think about why an extension would be appealing to your buyers. For example, if you live in a great school catchment, look at adding bedrooms to appeal to growing families.
If you don’t have the space to extend outwards, you may well have unused space ready and waiting above or below you. Loft and basement conversions are great options to use the empty space you have available and turn it into a functional extension of the home. Attic bedrooms are a great addition, adding thousands in value to your home, and extending the pool of potential buyers from couples looking for a 2 bed to growing families needing a good 3 bed home. There are of course considerations, such as roof height, access and light, but that’s where the experts come in. As with any alteration, it can be costly, but if you have a good sized space you think can turn from unused to functional, loft and basement conversions are definitely something to consider.
We’ll go down to some smaller, but still very impactful, updates you can make. Quality kitchens and bathrooms are pretty much always of interest to buyers. The kitchen to us is the heart of the home, and bringing it up to a better standard can seriously pay when it comes to the value of your home. According to the Royal Institute of Chartered Surveyors (RICS) a new kitchen or bathroom can add around 4% to the value of a property. As key areas of the home, a modern yet functional kitchen and bathroom is a key factor new buyers will look for, and can be done on a whole range of budgets.
This may seem simple, or may even be something you’ve overlooked, but if you don’t have double or triple glazing then get it done! Thermal upgrades are important for a significant number of homeowners, with double or triple glazed windows and doors seen as essential items, and not having these could really lower the value of your property. If you haven’t added these, along with roof and wall insulation, it’s something we’d definitely recommend looking into to add value to your home. Not only are they desirable features, but they’re key to reducing ever growing household bills.
Along with basic thermal upgrades to reduce bills, we believe more environmentally friendly choices will continue to soar in popularity among homeowners and prospective buyers. Solar panels and ground source heat pumps are just some of the improvements you can make, and whilst initially appearing costly, they can significantly reduce the costs associated with your home and increase the value of the property when you come to sell. There are a number of environmentally conscious materials coming to the fore in property and it’s definitely something for sellers and buyers to consider moving forward.
As always, get in touch if you want to discuss your options. We’re brimming with ideas and offer a range of services from surveying to architectural design to really help you get the most out of your space.