Home Improvements To Add Value
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Home improvements are a great way to improve the value of your home. But what are some of the best home improvement projects you can do?
Buying and owning a house is rarely cheap, considering all the fees and DIY costs that we encounter. If you buy an older home then it’s likely you will need to do some repairs, change it to your taste or update the décor.
Data from the Office for National Statistics has predicted that those in the UK collectively spend almost £30 billion on home improvements annually to make our homes look more awesome. That works out at £43 million each week!
I’m not too surprised as it feels like we’ve probably spent about that much in the four years we’ve been in our home! Almost every spare penny has gone into doing up our home. It’s never-ending!
But this shouldn’t put you off improving your house. Read on to discover how much home improvements can add to your home’s value.
New bathroom
How much do home improvements increase value in the bathroom? An attractive and functional bathroom is top of many people’s lists when it comes to the home. According to the Nationwide Building Society, a brand new en-suite bathroom or the creation of a second bathroom can add around 5% to a home’s overall value.
“You don’t need to do a lot with the room, it’s all about the features that you put in, such as a set of new taps, a heated chrome towel rail, a big new shower head, a power shower, and a glass screen or glass door instead of a shower curtain,” said Phil Spencer of TV show: Location, Location, Location.
If you want to elevate the value of your bathroom even more, consider adding a shower head filter for hard water, as this will keep your bathroom sparkling while improving water quality.
Small details can also make a big difference. For instance, upgrading to modern fixtures like waterfall taps or motion-sensor lighting can add a touch of luxury without a huge outlay. Similarly, opting for underfloor heating can make the bathroom feel more indulgent, a feature many buyers appreciate, especially in colder climates.
When planning a bathroom upgrade, keep in mind the importance of functionality as well as style. Clever storage solutions, such as vanity units with drawers or recessed shelves in the shower, can help maximise space while keeping the room tidy and practical. A bathroom that is both beautiful and easy to maintain is sure to stand out in the property market.
Conservatories
Mark Hayward, the managing director of the National Association of Estate Agents (NAEA), is a great supporter of building a conservatory on your property. He said: “Conservatories will add value to a home, but they need to be made with quality materials and provide a lot of light in order for the value to be significant.”
When it comes to constructing a conservatory, aim for quality. A high-quality conservatory can add as much as 5% to the home’s overall value, according to property valuation providers Yopa. However, Phil Spencer is confident that this figure could rise to 11% if the conservatory is part of a full-blown extension.
An easy way to make your conservatory even more appealing is with a proper roof. These look much better than glass roofed conservatories as the conservatory will blend into your house. Plus, they also help to keep the room temperature regulated. Glass roofed conservatories, on the other hand, can make the room unbearably hot in the summer and freezing cold in the winter. If you already have a conservatory then consider https://projects4roofing.co.uk/ to convert your existing conservatory roof.
If you want to maximise the usability of your conservatory, think about adding climate control features such as heating or air conditioning. This makes the space functional year-round and more attractive to potential buyers. Ventilation is also important; ceiling fans or vented windows can help maintain airflow and prevent condensation.
Additionally, consider how you can make the conservatory versatile. Built-in storage solutions, such as bench seating with hidden compartments, can make it a practical space for families. Adding power outlets and Wi-Fi boosters will appeal to those who might use the conservatory as a home office or relaxation zone.
Finally, don’t underestimate the importance of aesthetics. Plants and greenery can make the space feel more vibrant and connected to the outdoors. Blinds or curtains not only add privacy but also help regulate light levels, ensuring the room is both comfortable and stylish.
Investing time and thought into your conservatory design can turn it into a true selling point, significantly enhancing your home’s value and appeal.
New kitchen
Similar to the bathroom, the kitchen — often considered the heart of the home — is another important room to do up in your house. Phil said:“If you are only going to improve one room, make it the kitchen. This has now become the showpiece area of the home. We don’t just cook in it, we do homework in it, we watch television in it and hold dinner parties there.”
Of course, it’s essential that you take the value of your whole house into account when forking out for a new kitchen. There’s not going to be very much value added to a house that’s valued at £170,000 if it’s fitted with a £25,000 kitchen.
Phil claims that a new kitchen will often add 4.6% to the overall value of your house. The Royal Institution of Chartered Surveyors (RICS) agrees, acknowledging that a new kitchen will make a property more appealing and can add up to four per cent to its overall value.
When planning a kitchen renovation, think about what features will have the most impact. Sleek, modern appliances, durable worktops, and well-planned storage solutions can make your kitchen both functional and visually appealing. Energy-efficient appliances, such as an A+++ rated fridge or an induction hob, can also add value by lowering energy bills—something many buyers are increasingly mindful of.
Consider the layout carefully. Open-plan designs that connect the kitchen to dining or living areas are highly desirable as they create a sense of space and are perfect for entertaining. If you can’t achieve an open-plan look, adding a kitchen island can provide extra workspace, storage, and a social hub.
Lighting is another crucial element. Layered lighting, combining bright task lighting with softer ambient options, will make the kitchen practical yet inviting. Adding under-cabinet lighting not only enhances functionality but also contributes to a stylish, contemporary feel.
Finally, don’t overlook smaller updates if a full kitchen renovation is beyond your budget. Replacing cabinet doors, adding a fresh coat of paint, or upgrading handles and taps can significantly refresh the space without breaking the bank. Thoughtful touches like these can give your kitchen the facelift it needs to boost your home’s appeal and value.
Loft conversions
Homes older than 1975, as well as those featuring a loft with a maximum headroom of 2.3 metres, are ideal for loft conversion projects. The Nationwide Building Society estimates that a loft conversion may be able to add over a fifth to the overall value of a home. Similarly, Nationwide indicates that adding a double bedroom to your property — to which the loft can be transformed into this suitable space — can add over 10% to the property’s value.
Please bear in mind that loft conversions must adhere to both building and fire regulations — so make sure you employ a reputable professional!
Garage conversions
Loft conversions not top of your list? Then, consider a garage conversion to add value to your property and renovate your home.
According to Phil, 90% of British garages don’t house a vehicle, so would your garage be more useful as a bedroom instead? The media personality and presenter also commented that the value added can be calculated by multiplying the square footage gained by local price per square foot.
Garage conversions are a versatile option for transforming underutilised space into something truly valuable. Whether you need a guest bedroom, a home office, a playroom for the kids, or even a home gym, a garage conversion can adapt to your needs while increasing your property’s appeal.
One of the biggest advantages of a garage conversion is its cost-effectiveness compared to building an extension. With the main structure already in place, the focus is on interior work like insulation, flooring, lighting, and decor. This makes it a relatively quick and affordable way to add functional square footage to your home.
To maximise the value added by a garage conversion, ensure the space is integrated seamlessly with the rest of the house. This might mean adding internal access if it doesn’t already exist and matching the decor style to your home’s overall design. Proper insulation and heating are essential too, as these will ensure the converted space is liveable year-round.
If parking space is a concern, consider leaving a portion of the garage intact for storage or bikes, or installing a carport on your driveway. This way, you gain a new room without sacrificing practicality.
Finally, think about the room’s purpose and tailor the conversion accordingly. For example, soundproofing is a smart addition if you’re creating a home office or media room. Thoughtful design and attention to detail will make your garage conversion a standout feature of your property.
Outdoor improvements
A nice-looking garden is another household feature that many people looking to buy want to see and your property’s outdoor space can add substantial value — if you do it up the right way. You could have a new swimming pool fitted, or perhaps you lay down a new patio with a fire pit to use the garden in the evenings.
When improving the look of a garden, you should aim to ensure it is accessible. For this, consider fitting glass doors that open out into the garden and install high-quality outdoor lighting throughout.
According to reports, installing decking around your property’s outdoor space can add up to 2% in value.
Final word on how much do home improvements increase values
Why wait around? Start improving your home now and add value to your property!
Whether it’s upgrading a bathroom, creating a stunning outdoor space, or adding a whole new room with a loft or garage conversion, home improvements are an investment in your property’s future. Not only can these projects make your house more functional and enjoyable to live in, but they can also attract potential buyers and boost your asking price when the time comes to sell.
Remember, it’s not just about adding value to your home financially — it’s about creating a space that works for you and your family. Prioritise projects that align with your lifestyle and budget, and always consider the quality of materials and craftsmanship. A well-planned improvement can offer long-lasting benefits, enhancing both the aesthetics and practicality of your home.
With so many possibilities, there’s never been a better time to get started. Take that first step today, and enjoy the rewards of a more beautiful and valuable home.
Sources:
http://www.telegraph.co.uk/property/online-estate-agent/home-improvements-that-add-value/
http://www.thisismoney.co.uk/money/mortgageshome/article-2834756/Which-home-improvements-add-house-prices-investment.html
http://www.idealhome.co.uk/project-advice/project-planning/how-to-add-value-to-your-home-property-advice-73696
http://www.telegraph.co.uk/finance/property/buying-selling-moving/7906602/Phil-Spencers-top-20-ways-to-add-value-to-your-home.html