Home improvements can breathe new life into a property and ultimately add more value. You could spend thousands building a new kitchen, bathroom or conservatory. But which one would give your home’s value the biggest boost?
In this week’s blog post the team at Loftplan look at the top home improvements in order of which adds the most value to your property.
Loft Conversion
+10% – According to Movewithus, adding an extra bedroom (particularly if it’s a loft conversion) can add around 9 to 10 per cent to the value of your home. It’s important not to eat into living space to do so, but if there is room to expand into your loft you could get a very decent return – and some much needed extra space. It is also important to note that you will need to inform your home insurer of any such changes. A lot of loft conversions don’t even need planning permission, our expert designers can help you out with this.
Extra Bathroom
+6% – An extra bathroom can be a decent selling point on a property, with the demand for en-suites fuelling this. According to Movewithus an extra bathroom could add 6 per cent to your property value.
New Kitchen
+6% – A kitchen is often the focal point of a home and can reflect the owner’s tastes and personality. It can also be the first thing a buyer looks to replace – so if you can provide a ready-made, attractive space, buyers may be willing to pay more to save themselves the hassle of arranging a new kitchen. It is also worth noting that in recent years the big change has been the trend for an open plan kitchen.
Conservatory
+5% – A conservatory does mean extra room in your house, but also giving up some garden space. If the conservatory is under a certain size, you won’t need planning permission and you can do it under permitted development. A conservatory can be a good way of delivering extra space for less or getting some open plan living, although be aware that you may have to abide by rules on door closing off areas.
If you would like to add some extra value to your home in the shape of a loft conversion, be sure to contact Loftplan today for more details. Also be sure to have a look at our Loftplan Reviews site where you can read for yourself how happy our customers are with their loft conversions.
About Loftplan
Established in 1990, Loftplan have been successfully bringing lofts to life for 25 years, and are the leading loft conversions specialist in the south of England.
Our professional service of expert loft conversion design, high quality craftsmanship, and attentive customer care ensures that your loft conversion is created to achieve its greatest potential; installed with both efficiency and minimal inconvenience.