How to add more value to your residence and improve its sales potential
Loft Conversion is the process of renovating living space. Whether you’re thinking of a new home (kitchen, bathroom, office), a bathroom, or a total redecoration. By selecting the right project, you can add value to your home. This can be a good future investment and will increase the sale potential of your properties, should you wish to sell your house in the future.
Add 10-15% with a loft conversion
If you live in a city where space is limited, converting a penthouse is a great way to make the most of what you have. As long as the renovation provides good upstairs space, it can be in addition to the property’s bedroom. This would be useful as a home office or bedroom and should bring more attention to the house.
Add 5-7% with a new kitchen
A kitchen is very important for scalability, but it rarely adds more value than it costs. However, if a kitchen is in disrepair, buyers tend to need a discount to apply to the entire home.
Up to 5% with new bathroom
The prospect of upgrading a bathroom may put off some buyers. We all know the negative influence that a colored site has. A new, neutral-colored bathroom that doesn’t need work can be a prized asset, depending on where you’re on the property.
Up to 4% with bathroom en suite
An en-suite bathroom can generate more value in a larger property, where a high-quality bathroom count is important. The recent trend has seen many homeowners opt to add a built-in closet to the master bedroom; a walk-in closet or deep storage space is the ideal starting point for creating a bathroom.
Add between 3 and 10% with greenhouse
A conservatory adds important space and light, especially desirable in built-up areas. It is a relatively simple and cost effective way to increase space within a property. Be sure to choose a design that complements the style of your home and doesn’t take over the garden. Positioning is also important. For example, a south-facing conservatory requires ventilation and shade, while a north-facing room requires good heating.
Add 5% with a complete cosmetic redecoration
In a good market, a major cosmetic makeover could bring in up to 20% of the sale price. Buyers like to have a modern kitchen, and outdated paint colors will be a harder sell.
Add 5-15% with a garden room
A garden room is a real eye-catcher in the country with its picturesque views. It’s also possible to add value to your home by adding an outdoor study space as part of the home, which costs less than an extension and provides a retreat from domestic living.
Add between 15-20% with an extension
The extra space can be a big outlay, but it will add significant value in the long run. Although an additional room that eats considerably into a small garden will not get optimal value.
Add up to 2% with an outdoor pool
The idea of a swimming pool may sound like a vision, but in reality they add little to homes as their subsequent costs can be expensive.
London Loft Conversion Company is the popular and admired way to renovate the home.