RENOVATIONS THAT WILL ADD VALUE TO YOU HOME
Whether you’re thinking of selling your home soon or want to make some long-term improvements to your living space, it’s good to know that there are several renovations that you can complete that will add value to your home.
If you’re wondering how to add value to your home, you’re in luck. Property and construction expert Natalie Mitchell at HomeHow.co.uk has created this list of the best home renovations to add value to your home.
Convert Your Loft
Adding a loft conversion to your home is great as this can provide a completely new room to your home. The most common uses for a loft conversion are for an extra bedroom, an office, or a playroom. While this may sound like a very big and stressful job, it is usually actually much less hassle than you may think. In most cases, you won’t need to move out while a loft conversion is taking place.
In order to start a loft conversion, you’ll need to measure your loft to make sure you have enough headspace to create a room. It is recommended that you have a minimum height of 2.2 to 2.4m for a cut roof. If you want a trussed roof, you will need around 2.4 to 2.6m of headroom for a roof made from factory-made trusses.
You will also need to consider access to your new loft room. If you install a staircase, you will lose some space from the floor below. With this in mind, it’s important to consider how every aspect of the loft conversion will affect your layout. If you sacrifice too much space from the area below, this may make existing rooms an awkward shape. It’s important to consider this to see if this type of conversion would be a worthwhile investment. A loft conversion can add around 20% of value to your home.
Convert Your Basement
If you want to create some extra living space in your home, you may want to consider converting your basement to add some space to your property and increase the value of your home.
First of all, you will need to consider how you will use this space, as this will determine the way that it’s designed and built. The intended use will also influence the overall cost of the job.
You will then need to take time to find the right contractors to work with. There are some specialist basement companies that will have the skills needed to take care of the entire process for you. In other cases, you may prefer to use an architect. Either way, it’s best to ask around and find recommendations for good-quality contractors. A basement conversion can usually add around 10-20% of value to your home.
Convert a Garage Into a Living Space
In this day and age, garages are not usually used for storing cars, but instead, they’re used for storing old household items, garden tools, and junk. If you choose to convert your garage, you can completely transform it from what looks like a dumping ground to a usable living space.
If you are interested in converting a garage but worried about the costs, you may be surprised to find that a garage conversion costs less than many other conversions, including loft conversions and basement conversions. However, a garage conversion provides the same benefit of adding extra living space to your home.
A successful garage conversion is seen as a great investment as it can add a considerable amount of value to your home. It is estimated that this type of conversion can add around 10-15% to the value of your property.
In addition to adding value to your home, a garage conversion also has the benefit of adding extra space to your property, which may even prevent the need to move home. With the current state of the property market, a garage investment could be a very smart investment.
Transform Your Home For Open-Plan Living
A conversion isn’t the only option if you want to reshape your living space and add value to your home. You can also completely reform your living space by removing some internal walls to create a fresh, open-plan living area.
You don’t generally need to apply for planning permission to complete internal alterations, including removing interior walls. However, if the wall you want to remove is load-bearing, you will most likely need to obtain approval from your local council.
Load-bearing walls support the weight of other aspects of the home, such as the wall above or the roof. This means that when you take out a load-bearing wall, it could significantly affect the structural integrity of your home. In worst cases, the building could collapse if it’s not supported correctly during a load-bearing wall removal. This means that a specialist will need to remove this type of wall, and building regulations will need to be adhered to.
Creating an open-plan living space can provide you with a whole host of opportunities. You can completely change your layout and incorporate new elements into yourhome to improve the aesthetics. Creating an open-plan living space can also increase the value of your home. It can add up to 15% to your home‘s value.
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