5 Large Home Renovations for Adding Value to Properties

February 22, 2023

Home renovations can take a long time to complete and will typically disrupt your daily life, so you need to clarify whether the effort will reflect the reward. Understanding the renovations with the highest yield is a great place to start, and we’ve gathered together the top five below.

Extending Your Home

If your family is about to grow or you need an additional room for an office, why not build an extension to your home? Increasing the size of your property by adding a new room is one of the best ways to boost its value. To get the most out of your investment, be sure to use materials that will complement the rest of your home. For example, if you’re adding a conservatory, make sure the new pitched roof windows pair well with existing windows.

Garage or Loft Conversions

If your home has an unused garage or loft, you can convert them into functional living spaces, which will help increase the value. This project will be easier than a full extension, but you’ll need to consult with a professional to make sure any work won’t implicate the rest of your home. This is especially important if you’re finishing a loft, as any changes will influence the existing structure.

When it comes to design, it’s still essential to make sure your loft or garage conversion matches the rest of your home. For example, when you’re picking out your pitched roof windows from a reputable roof window outlet, it’s important to find a style that suits your home’s vibe. After all, if you’re looking to sell your home, any changes you make need to appeal to buyers.

HVAC Installation

The cost of living has risen considerably, meaning more buyers are prioritising the quality of heating systems. A great way to fulfil this need and add considerable value to your home is by installing an HVAC (heating, ventilation, and conditioning) system. These work by withdrawing air from your home, removing existing heat, and filling your home with fresh air.

Kitchen Remodel

The kitchen has fast become the focus of the home, which is why renovations are extremely popular. Typically, a kitchen remodel will allow a homeowner to recover around 52% of the cost once the home is sold. Upgrading a kitchen’s cabinets and appliances may not seem important, but you’d be surprised at the value it will hold with potential buyers.

Bathroom Makeover

Bathroom renovations are another hot commodity for buyers, as they’re seeking out homes with a clean finish, which can be achieved by plumbing in new hardware, retiling, and repainting. If you explore the link in the above section, you will find that bathroom renovations have a return of around 57% of the cost.

Before selling your home, you may wish to add value to your property, but you need to ensure it will be worth your time and money. All of the upgrades outlined above are high on the list of current buyer priorities.

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website.

You May Also Enjoy

Estate Agent Talk

Essential Garage Storage Solutions for Small Spaces

Maximize your garage space with practical storage ideas that keep your items organized and accessible. If you’re dealing with a smaller garage, smart solutions can make a big difference in keeping your space neat and usable. 1.  Wall-Mounted Storage Wall-mounted storage is an excellent way to save space and keep your garage organized, especially in…
Read More →
Home and Living

How to Protect Your Property from Flooding and Water Damage

Flooding and water leaks can cause significant damage to your home or office. However, many issues can be prevented by taking proactive measures to protect your property. In this article, we’ll explain how to minimize risks and prepare for potential water-related threats. 1. Inspect and Maintain Your Plumbing System One of the most common causes…
Read More →
Breaking News

ONS House Price Index – November 2024

Headlines Average UK private rents increased by 8.7% in the 12 months to October 2024 (provisional estimate); this is up from 8.4% in the 12 months to September 2024. Average rents increased to £1,348 (8.8%) in England, £766 (7.9%) in Wales, and £976 (6.6%) in Scotland, in the 12 months to October 2024. In Northern…
Read More →
Breaking News

Foxtons Lettings Market Index October 2024

Headlines October saw the highest level of new stock entering the market, with an 8% increase from last year, the highest increase in four years October’s demand is marginally lower than last October and decreased 32% from September, as expected during this time of year Following a yearly high of £593 per week this September,…
Read More →
Breaking News

Breaking Property News 20/11/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Proptech powered lettings service for BTR developers needing pre-approved, quality tenants at speed gets funding A proptech-driven letting agent has secured close to £500,000 during its first equity investment raise. Property Sense, headquartered in Stockport but operating nationally, secured the half a million pounds in…
Read More →
Kerb appeal
Estate Agent Talk

Why November and December are the best and most affordable months to buy

Buyers and sellers looking for the right time to move can consider top reasons from property experts to start the process this November and December. The autumn and winter months may not be the first that come to mind when considering a move, but potential buyers and sellers can be reassured by the experts that…
Read More →