How to add value to your home
From emergency repairs to cosmetic changes, any work you do on your home should add to its sale price, or at least help retain its value. But if the improvement aren’t done out of necessity, think carefully about the changes you make as certain alterations add more value than others.
A few things you could to to add value to your home can be minor such as improving the curb appeal, simply tidy up the front garden, wipe the front door, add some bright coloured hanging baskets just to make it more appealing to potential buyers. However, to ultimately enhance your property value look at fitting a new kitchen or sprucing up your current one. Kitchens are the heart of the home and the first room viewers really take note of!
Making your property more energy efficient can increase the value, as we all know in todays climate saving money around the home is important.
What adds most value to your home?
|
Improvement |
Estimated cost of improvement |
Value added on average (%) |
|---|---|---|
| Garden landscaping | £2,750 | 77% |
| Gym | £10,000 | 44% |
| Extension | £80,000 | 37% |
| Walk-in wardrobe | £3,400 | 34% |
| Jacuzzi/hot tub | £6,000 | 27% |
| New kitchen | £7,500 | 26% |
| Swimming pool | £30,000 | 22%Est |
| Basement conversion | £90,000 | 17% |
| Conservatory | £9,000 | 10% |
| Driveway | £25,000 | 9% |
| Wet room | £7,500 | 7% |
Source: Post Office Mortgages
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