5 Ways to Add Value to Your Home in Winchester
Whether you’re thinking about selling soon, or are just looking for future-proof ways to expand your home, we’ve come up with our top 5 ways to add value to your property.
Refresh your kitchen
They say if you’re only going to improve one room, make it the kitchen. The kitchen is the heart of the home and, according to the Royal Institute of Chartered Surveyors, one of the most worthwhile home improvements, adding around 5% to the value of your home.
This percentage is important to keep in mind when it comes to renovations, you’ll want to make sure your spend is in line with your house value. So whether you fancy a kitchen refresh, or a complete remodel, rest assured your home’s value can only be improved!
Knock down that wall
The popularity of open plan living shows no sign of slowing down. Home owners are still drawn to living spaces with modern functionality; these days we want a space that has more than one purpose. In other words, buyers are increasingly interested the amount of usable space rather than the number of rooms.
Open plan kitchen/diner/living rooms are fast becoming a must for house hunters. In fact, research by Which? has found that creating an open plan living space could add up to 6% to the value of your home.
Add another bedroom/bathroom
Did you know, 90% of garages don’t have a car in them! Most of us have spaces in our homes, whether it’s the garage, loft or basement, that are being overlooked as potential value-adders. Research shows that a loft extension is one of the most effective ways to add value to your home and lets face it, you don’t need half the things you store up there anyway.
Bring the outside in
It’s official, conservatories are back! Conservatories, garden rooms and beautiful bifold doors add value onto your home with stunning effect. Conservatories have definitely grown up in recent times, gone are the classic uPVC eyesores, the contemporary conservatory is all about bringing the outside into your living space, with modern lines and clean finishes. When done well, conservatories can add 5% to your home value.
Obtaining planning permission is one of the simplest ways to add value to your home. If you don’t have the money to undertake extensive renovations, simply securing the planning permission can add money onto your home’s value. After all, if a potential buyer knows they can build a loft extension to add up to 22% to the home’s value, that’s a big selling point!