How to Add Value to Your Home

How to Add Value to Your Home

According to a recent UK House Price Index, UK house prices increased by 10.6% last year, taking the average house price up to £269,945. *

It’s likely your home has increased significantly in price; however, it is important to ensure that you are maximising the value of your property.

If you want to know how to add value to your home, you want to check all the boxes so you can add value without breaking the bank.

So, we have compiled a helpful list of smart ways to enhance the value and improve the look of your property.

Find out how much your property is worth before adding value! 

  

Make the Most of Your Garden

A well-presented garden can add lots of value to your home, and your garden can be transformed into a great entertaining space. Summer huts or sheds are nice additions to make your property seem warm and welcoming, especially if they’re set up as an extra space to relax in.

First impressions matter, whether you have little or large amounts of space. If you’re selling your home, you’ll need to give your outside area that much-needed care in order to attract buyers.

  

Convert Your Loft

Loft conversions are a great way to increase the value of your property. In fact, research by the Nationwide Building Society has found that a loft conversion can boost the value of your property by up to 20%. ** Also, most loft conversions don’t require planning permission, making the process easier.

 

Convert Your Garage

It’s remarkable how many garages go unused or end up filled with clutter and old furniture. Instead of leaving this room unused, you can make the most of the extra space you have by converting the garage. You could transform it into a home office or an extra living space, which could add 20% value to your home, according to research by the Nationwide Building Society. **

  

Add Parking Space to Your Property

Having a place to park is a big bonus for many buyers. So, adding an extra place to park at your house, or utilising an existing parking space, is a great way to add value to your property. Adding a single parking space can boost your home's value by 5%, according to the National Association of Estate Agents, showing just how important adequate parking can be. **

  

Renovate Your Kitchen

The kitchen is the heart of the home, a place to entertain and welcome guests, so buyers are looking for a modern and bright space, where they can do the same.

Whether it’s as simple as painting the kitchen a neutral colour, or even putting an extension on your kitchen to make the space bigger, these updates can increase your home’s value by 5-15%, according to the National Association of Estate Agents. ***

  

To find out the value of your home, book a valuation with one of our expert agents.

  

*According to the UK House Price Index

** According to research by the Nationwide Building Society

*** According to the National Association of Estate Agents