A lot of people wonder if they should renovate their home. This is a very important question to ask if you are thinking about selling your home. If you want to work your way up the property ladder, you need to know how to maximize the value of your property. Of course, when it comes to improving the value, there are no guarantees.
Converting Your Garage to Living Space
This has the potential of adding 15% to the value of the property. If you have a garage that is not being used for your car, turning it into living space is a good idea. The first step will be to check that the garage is suitable for conversion.
You will also need to determine if you need planning permission. In most cases, the work that needs to be done will be part of the permitted development. This means that you will not need any planning permission, but you need to check with your local council first.
Using a Side-return Extension for the Kitchen
This can add around 15% of value to the property. If you have a semi-detached or terrace house, the side return is the alley that runs adjacent to the kitchen. You could be able to extend your kitchen into this space and to the full width of your house. This, coupled with a glass kitchen worktop, will improve the layout and provide you with more space.
Single-storey side-return extensions are usually part of permitted development. However, you will need to meet certain conditions and limits. This can include the extension being no more than 4 metres high and no wider than half the width of your original building.
Build a Conservatory
This can add up to 10% to the value of your property. If you want to get closer to nature while still being inside, a conservatory is the answer. To determine the style that you should get, you need to think about how you are going to use the space. You can then choose between a traditional style and a more modern style.
Most of the conservatory will be glass and you need to explore all of the options. Double glazing will be the minimum permitted by building regulations, but there are many other options on the market. You can look at solar control glass or glass which is self-cleaning.
When it comes to the frame of the conservatory, there are other options that you need to consider. The material you use will affect the performance of the conservatory. Timber, uPVC and aluminium all have different qualities and you need to do some research into each of them.
Add a Bathroom
This can add between 3% to 5% to the value of your home. The problem is that the new bathroom can be expensive to add even with the certainty of a return on the investment. The good news is that there are some steps you can take to keep the costs low.
Keeping your existing property layout will be a good start. If you want to move the bathroom, you will have to relocate water inlets and pipes which will increase the costs. If you want to update the shower, you should look at a framed enclosure which will often be cheaper than the frameless ones. An exposed shower will also lower costs compared to a concealed one because you do not have to pay for the pipes to be chased into the wall.
Wall-hung sanitary ware will also be more expensive than the floor-mounted options. This is due to the fact that the brackets will need to be concealed in the walls. If you want to save more money, you should look at buying a bathroom suite instead of the individual items. You should also keep an eye out for any seasonal sales.
Create an Open-plan Living Area
This will add around 3% to 5% to the value of the property. It will also transform your home and save you having to build an extension. Creating this living area can be a DIY job or you can call a professional instead. The option you choose will vary depending on whether the walls you need to bring down are loadbearing or not. If the wall is loadbearing, you need to bring in a professional.
If you cannot knock down any of the internal walls, you will need to look at an extension. This will be time-consuming and costly, but it will increase the space that you have.