The Home Improvements That Add The Most Value
An increasing number of homeowners are looking to improve their home instead of moving to a new one, but how much value do these improvements actually add?
Here at AKB Lofts, our experts have found which home improvements add real value to your home, and in what order.
#1 – Bedrooms
An additional bedroom can add the most value to a home than any other extension or home improvement. With space being the most valued commodity in a home for most buyers, the addition of an extra bedroom can boost your home’s value by 11%!
#2 – Loft conversion
A loft conversion is one of the most valuable improvements you can make to your home, increasing the value of a house by up to 10%. Loft conversions are extremely versatile, and most often do not even need planning permission to be carried out. They can be used to create an additional living space, which is highly valued amongst buyers, as is an additional master bedroom conversion with ensuite.
#3 – Parking space/ Garage
Having a secure place to store your car is an important factor for buyers, so one improvement to make to your home could be extending to create a garage, or creating a paved driveway.
#4 – Kitchen
For those looking to add value to their home but for a smaller investment, a kitchen update could be the answer. Simply re-fitting kitchen cabinets and the countertops can add up to 5% value on a home, often with a smaller initial price tag than other home improvements such as extensions.
#5 – Extra Bathroom
An extension with an additional bathroom can be a valuable improvement to a home – especially if it is actually needed to be in line with the number of bedrooms. Ensure plumbing and designs are thoroughly planned out, as bathroom replacements are on of the most likely to have issues in the future.
#6 – Garden
Doing up your garden area may not add the most value to your home, but it’s a great way to make a good impression and start up a hobby of your own in the meantime. Simply keeping the lawn mowed, hedges trimmed and weeding done can make a huge impression on potential buyers to your home – prompting them to make an offer on the house itself.
Least – Shoddy DIY!
At the other end of the scale, signs of a shoddy DIY job are the most common reason buyer’s will reduce their offer, or withdraw their interest in a home altogether. It’s important to only commit to DIY jobs within your capabilities, and to leave more complex projects to the professionals. Our team here at AKB Lofts can advise on your plans in more detail and use a wealth of experience to assist in the design process.
AKB Loft Conversions specialise in Loft, House and Garage conversions or extensions. We offer high quality workmanship and expert advice on your extension, providing the knowledge to ensure your home improvement adds the most value possible to your home.
Contact us today for more information, or for a free quotation, and we’ll be happy to help.