When you move into your first home, it may not quite be all you dreamed of. However, there are ways that you can renovate and improve your property both for your benefit, and if you happen to put it on the market in the future. Read on as we look at how single storey extensions can help give your home’s value a boost.
Value of an extension
If you are looking to increase the value of your home, an extension is one of the best ways to do this. There are a few different types of extensions that you can choose which we will look at in more detail below, but how much value should you be expecting when building onto your home?
It all depends on the features of your extension and what you decide to add. You could end up adding anywhere from 5-15% to your home if you choose to invest in a bespoke space that makes your home stand out from the crowd, makes living easier and makes your house more sought after.
Here are a few extension ideas to think about if you’d like to add value to your home.
These extensions are exactly as the name suggests, they take up one storey. They can be used as a way of extending the living space on your ground floor, whether that’s to create a larger living area, or kitchen or create a whole new room. You could choose from wrap-around or side return extensions depending on which best suits your property.
A single-storey extension allows you to redesign a space and build on your home to make living more accessible, easy, and enjoyable. Taking the time to design a space that is suited to your needs means that you can boost your property’s value – which is perfect if you’re planning on selling in the future.
Your kitchen needs to be functional first and foremost, but it also needs to be big enough for you to socialise and entertain your friends and family. If your kitchen is small, and you struggle to move around, fit all your utensils, and cook, a kitchen extension could be the best option for you.
Updating your kitchen means that you can have access to everything you need to make your life easier. You can add high-tech equipment, or simply open the space so that you can fit a dining or socialising area. If your kitchen extends to the back of the house, you can add value with bi-folding doors that flood the room with light and lead out into your garden – perfect for the summer months.
Maybe you have a loft space that is untidy or unused. Choosing to renovate your loft from a dark space to an open, light extra room can add value to your home should you come to sell it in the future. Converting this space means that you can benefit from an additional room – and you get to choose what you think will work best, whether you think your home needs another bedroom, or maybe an office if you work from home.
You could even turn it into a snug, somewhere for your kids to play and relax. Whatever you decide to choose, no doubt investing in a loft conversion will add value to your property.
Other ways to boost price
If you’re thinking about adding an extension to your home but you’re not quite sure whether this is the best option for you, there are other ways that you can boost the price of your house that don’t include months of building. There are simple things that won’t take much time or money to help boost your home’s value, such as making sure that your home is energy efficient, by updating the boiler system as well as the insulation and windows.
You could also work on your curb appeal or give the property a fresh coat of paint, inside and out. You may not think that these ideas will make much of a difference, but a well-presented home that is modern and energy efficient may just add more to the value than you’re expecting.