Which home improvements really add the most value for UK homes? That’s the crucial question when you’re planning to put your house on the market, or even if you’re just looking to improve your current living situation. If you want to work your way up the property ladder to your dream home, you need to know how to maximise the value of where you live now. Here are some of the best ways to add value to your property:
Improve your kitchen and/or bathroom
If you’re wondering where to start with your home renovations, try looking to your kitchen, bathroom, or even both. These two areas of your home are likely to have a high return on investment. The reason is that that these two rooms are the most frequently used and often most important rooms in the home. When it comes to viewing day, having an impressive kitchen and/or bathroom can make a massive difference to your prospective purchasers' perception of your property. One point worth bearing in mind, however, is if you’re renovating with the sole intention of selling your home, you’ll want to keep things relatively simple. Too many personal touches could work against you. Remember, you are moving on, so make sure your changes are palatable to the majority!
Replace your front door
The front door is part of your home’s first impression. You don’t want it to look tired or out of sync with the architecture of your home. Old exterior doors can also be a huge source of energy loss. By investing in a new front door you’re improving the look of your house and also improving energy efficiency without breaking the bank. Most homeowners who invest in a modern composite door can expect to make their money back and then some just by replacing their front door.
Invest in extending your home
Adding an extension means creating more space in your home, which in most cases, increases value. Extensions can take many forms; maybe you simply want to extend a single room in your home, or you could even go a step further and add more rooms to your property. Whichever you decide upon, it’s important to know what the rules are with regard to planning permission. The government recently changed the rules surrounding extensions, making it easier to add bigger extensions than it was previously. That being said, you obviously must still stay within their guidelines if you want to avoid hassle further down the line. A decent extension can potentially bring you a return on investment somewhere in the region of 71%, but remember the initial outlay will be relatively high.
Update your windows
Getting replacement windows for your home can help you save money on energy bills as well as significantly increase saleability and improve your lifestyle. With modern designs, you can add a beautiful window that brightens up your living space and makes your home warmer, more comfortable, and more appealing to potential buyers. Read our guide on why you should be replacing your windows here.
Consider a conservatory
Adding a conservatory can bring an astonishing return on investment of 108%! Conservatories are attractive because of the way they connect the home to the garden and the extra space they bring. They don’t have to be reserved solely as a summer space either, contrary to popular belief. With advancing technology such as the best thermally efficient glazing, electric underfloor heating and modern window material options like aluminium and uPVC, conservatories can provide you with a year-round additional space all the family can enjoy.
Conservatories help your property stand out in the housing market, especially in streets where all the houses are very similar. If you are considering making improvements to your home, a conservatory is well worth considering.
Replace and repair your roofing
Repairing or replacing a roof is not going to be a job any buyer relishes, so removing the hassle is often a good idea. Not only will you be giving them one less job to do once they move in, you’ll also take away a bargaining tool from their arsenal. Buyers will likely try and push for a reduction in the asking price so they can cover the cost of the work required. However, if you take the proactive approach you can actually add value to your home instead.
Obviously, the best course of action is to keep your existing roof well-maintained. Have it checked every once in a while and replace any missing tiles as soon as possible. That way you’ll save yourself a hefty bill when the time comes to put your house on the market. If you do have to fork out for an entirely new roof, you can expect to see a return on investment of around 63%.
Give the front exterior a facelift
You’ve likely heard about kerb appeal before. Carrying out jobs both big and small to the outside of your home can boost your property’s value considerably, and they’re generally pretty easy to do. Things such as ensuring your windows are clean and the front of the house is freshly painted and tidy may seem like minor things, but to buyers they are the very first impression they’ll have of your home. Get the exterior jobs right and you could see a return on investment of around 75%.
Spruce up your garden
Well-kept front gardens will add to your property’s kerb appeal, while a beautiful rear garden can really give a home the ‘wow’ factor. A well-maintained garden also looks attractive to a buyer as the hard work has already been done. People looking to move will generally want to avoid taking on a property which requires a great deal of work. Consider replacing paving slabs, adding some flowers, relaying your lawn or replacing those worn fence panels. Doing some odd jobs here and there around the garden could bring in as much as an 88% return on investment.
Replace old carpets
Old, worn out carpets can really bring the feel of a home down, so changing them makes perfect sense. If your carpets are relatively new and don’t need replacing, consider getting them professionally cleaned instead. Again, this outlay will bring a positive return on investment when the time comes to sell your home.
Compare Companies and improve your home today
Home improvements are a great way to add value to a home, but it’s important to bear in mind that these return on investments are not set in stone. Your location, the quality of your street, and the natural ceiling price of your property should all be taken into consideration too.
Quality glazing, windows, doors and conservatories all play their part in keeping your home looking as good as can whilst increasing saleability. Save time and use Compare Companies to compare the latest double glazing prices, local window and door companies in your area, the latest conservatory prices as well as conservatory roof replacement prices all under one roof.
Interested in extending your home? Why not read our next article on conservatory extensions here.