Category: adding (2)

Given the nature of the UK property market, it is easy to see why home owners are keen to add as much value to their home as they possibly can. While there are many ways in which you can make your home look better or feel more comfortable, it can be harder to add genuine value. This is why it is best to listen to the property experts before investing time and money into home improvements.

As you would expect, different experts hold different opinions on what will provide most benefit when adding value to a home. This can seem frustrating to some but it means that homeowners have a number of options to choose from and they can choose an option that best suits their budget or the current condition or layout of their home.

An extension

There is a wide range of possible extensions to choose from, which makes it difficult to note a price for this level of work. Extensions can range from two-story improvements that practically double a house in size to adding a small single story room.

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A loft conversion

Given that adding an additional bedroom to your property is said to add an additional 9-10% of value to your home, converting your loft into a bedroom is a great choice for many people. If you are currently only using your loft for storage or no purpose at all, it makes sense to convert it. You need to make sure that converting your loft doesn’t impact on any other living space in your home, but if it doesn’t, you can expect to get a good return on your investment.

Again, the variances involved with loft conversions means it is difficult to state a price you should be paying for this work. A minor loft conversion can cost around £15,000 while many people will expect to pay between £20,000 and £40,000 for a larger conversion.

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An additional bathroom

Having an en-suite or additional bathroom can add a lot of utility to your home and property experts predict that an additional bathroom can add 6% to the value of your home. Depending on the size of the room or the materials being used, the cost of a new bathroom can range from £2,500 to £7,000 and beyond depending on your choice of fittings and labour.

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An improved kitchen

Kitchens have been consider to be a key aspect of making a home more attractive and adding value to your property of late. There has been a greater acceptance of the fact that the kitchen is the hub of family life, making it an important part of the home. Studies suggest that the average cost of a new kitchen comes in at around £8,000 but a new kitchen can add around 6% value to your home so often this can be seen as a good investment if you were considering selling the property in the coming years. A new kitchen, bathroom or extensive will help increase the level of sale ability to your property too.

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A Conservatory

While a conservatory will minimize the amount of space that you have in your garden, it provides you with an additional room. This is also a very pleasurable room which means that there is a lot of benefits to be gained from adding this style of extension. You can expect a good standard of conservatory to add around 5% to the value of your home while the cost of a conservatory can be anything between £4,000 and £10,000 if not more in some cases depending on the size, shape and design.

If you are looking to upgrade the standard of central heating, you can expect to pay around £3,500 and the expected impact on value is likely to be around 5%. This may be one of the more cost-effective ways to add value to your home but it is a decision that every property will need to make. Some of these options will impact on your day to day life more than others, which means you need to think about any impact on your family or home life while work is being carried out.

All of the images use on this blog are properties we have for sale. For more information on our properties: https://www.mishonwelton.com/ 

You want to sell your house for as high a price as possible, right? You’ll do whatever it takes to increase the value of your home. But what exactly does it take?
It’s common knowledge that bathrooms and kitchens can be the clinchers when it comes to sealing the deal on selling your home, but it doesn’t mean you have to add a brand new kitchen or completely remodel your bathroom to win over people who want to buy your house.
Fact. A new kitchen only adds an average of about £4500 to your home’s value, even if it cost £15,000 to install (that can obviously go up and down pro rata, so you do the math) – depending on how many bells and whistles you add and whether you’re going to do it yourself or get it professionally fitted. For another, personal tastes and styles differ widely, so your idea of the perfect kitchen might not agree with prospective buyers’ ideas of style. You could spend a fortune fitting a new kitchen only for the new owners to rip it out and start again. Then there is the fact that your kitchen might actually be pretty decent, with only a few cosmetic touches required to give it a modern, contemporary design.

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So instead of buying a brand new kitchen, why not buy and install some new kitchen cupboards. New cabinets will give your kitchen an instant facelift and they’re not very expensive to install. You can also change your kitchen’s old countertops for something in a high-gloss finish for a fresh new feel. Even a lick of paint can transform your kitchen from drab to fab. Be careful when choosing colours though; it’s best to choose neutral colours that will provide a blank slate for new owners, or to choose harmless cheery colours that house hunters are unlikely to object to.
When you show your house, make sure that all the kitchen surfaces are free of clutter, that all the dishes have been put away and that it’s spotlessly clean.
You can do most of the cosmetic repairs yourself – there are even DIY kitchen kits that you can install yourself if you have your heart set on a new kitchen but want to save costs. Just make ensure that you have the skills necessary to do a good job because a shoddy job that looks cheap and nasty will definitely bring down your house’s price when it comes time to sell. If you’re not sure what you need to do to your house to increase its value, contact an estate agent for advice. No one knows what sells on the housing market like a property expert. Be realistic. If you decide to go ahead, it should be because you want to create a better home environment for yourself and your family, not because you are relying on a new kitchen to add significant value to your home. But remember that too “quirky” a style, which appeals to your taste, could put off future buyers.

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Plan your expenditure. Most people now budget for about £10,000 to create a new kitchen, but you don’t have to spend anything like that if you are just looking to refresh the decorations and make some smaller changes. Replacing the doors on your current kitchen cabinet, changing the layout, upgrading your cooker, will all improve your enjoyment of your kitchen space without costing a fortune. Be creative. Whilst built-in kitchens are still the most popular option, free-standing kitchen furniture is becoming increasingly popular. The advantage of introducing some free-standing elements is that you can use them to create additional storage but also as interesting features in a kitchen. An antique plate-rack, or an old pine corner cupboard, can add to the attractiveness of the room, and best of all – you can take them with you when you move.
With estate agents citing a new kitchen as the most popular home improvement, it’s wise to realise that if you decide to upgrade it may make your home more saleable, but it’s unlikely to increase the value of your home enough to cover the cost. But just think how much enjoyment you will get from a beautiful new kitchen, designed just as you want it.