It is fairly typical to assume that adding value to a home can be an expensive task, but many are surprised at how simple and affordable it can be to transform their property for the better while adding some value to it in the process.
The following are some useful tips that can help to you increase the overall value of your property.
Deal with any structural defects
Although not the most exciting approach to adding value to the home, it can be one of the most effective. Many homeowners set their sights on the aesthetics of the property, but any work carried out in this regard will fall by the wayside if structural issues are not dealt with first.
If you think there could be structural damage to the property, like subsidence, but you are unsure where to start, then why not consider calling in the professionals? As well as pinpointing issues with the property with ease, if you choose to enlist the services of a trusted construction company, you can rest assured that the necessary work will be completed to the highest possible standard, leaving you with more time to focus on other aspects of the property.
Consider a loft conversion for added convenience and value
Creating additional space in the home can be challenging to achieve in some cases, but there is no doubt that this approach will have the potential to increase the value of your property as well providing more convenience to you and your household during the time you reside there.
A house extension is one way to add plenty of extra space to a property, however, a loft conversion can cost less whilst also increasing the amount of useable living space in your home.
The cost of a loft conversion will vary depending on the extent of the work, but it can have the potential to add tens of thousands of pounds to the overall value of your property.
A loft conversion will not always require planning permission, but if you are unsure, you should check with your local planning authority.
Consider installing solar panels
Solar panels are a modern way to add value to the home, but the benefits do not end here. Despite the unreliable weather experienced in the United Kingdom, there is still plenty of sunshine to make solar panels worthwhile.
As well as saving money on your energy bills, there is even the potential to earn some income by allowing energy companies to distribute the energy to other households.
To ensure you receive the full benefit of solar panels, they need to face south on a pitch of 35 degrees. Should there be any deviation, it is likely there will be a negative impact on the energy yield.
Another factor that needs to be considered is the structure of the roof, and whether it is equipped to handle the weight of the panels.
Garden offices are in high demand
For an increasing number of people, the days of nine to five work days in a company office are long gone. More and more people are now working from home, either full time or for part of their agreed working schedule.
As a result, more professionals require a dedicated working space at their home where they can work effectively and peacefully, away from other distractions in their household. For many, a garden office is the perfect solution
As well as offering an affordable professional environment that will encourage productivity, many will find that the addition of a garden office can also add monetary value to a property.
The price you pay for a garden room depends on several factors, including the size of the garden, the design of the garden room, and the type of materials used.
Garden offices may not require planning permission but there are several things that need to be considered, such as whether the space will be used to host in-person meetings with clients and other colleagues. As always, if you are in doubt about planning permission, it’s best to contact the local planning office.
Keep on top of the electrics and plumbing
Along with the structural integrity of the building, the electrical and plumbing components are also important to consider when it comes to increasing (or even maintaining) the value of your property.
If it has been some time since the electrics were updated, then now could be the ideal time for a professional to carry out a rewiring. One of the telltale signs that a property may need updating is a date fuse box. Ideally, this needs to be replaced with an RCD (residual circuit device), as this ensures safety comes first.
Adding additional electrical sockets within the property can also be an effective and fairly inexpensive way to add value. These-days, more and more people are buying fully electric and plug-in hybrid vehicles, so having an easily accessible outdoor socket could also make the property more attractive to potential buyers.
In terms of plumbing, dated pipes can mean that water flow is substandard and does not deliver the desired results regarding temperature. The addition of a pressurised plumbing system can make the home more efficient, and add more value to the property when the time comes to sell.