If you want to add value to a building before you sell it, you might be thinking about what kind of improvements to undertake. Whether it’s small-scale changes like a coat of paint or entire renovations like converting the cellar, there are so many ways you can spruce up your building to add some additional value.
But how much value do these changes actually add? What are the best ways you can add value?
Extending the kitchen is a popular renovation that can give you valuable space, an improved layout and add potentially up to 15% more value to your building.
What kind of extension you get depends on your budget and the available space. In a terraced or semi-detached building with a rear kitchen, adding an extension for an open-plan kitchen leading out into the garden is the best solution. If you are restricted on garden space, a small side kitchen extension can provide you with the extra space you need.
A single-story property will be limited by no more than 4m in height and no wider than the original house. You will need to comply with building regulations and obtain a completion certificate when the work is done. While a lot of work, the returns on your kitchen extension will likely be worth it.
For a less disruptive home improvement, you could consider doing up the garden spaces to add some additional kerb appeal to your building. A new garden could add up to 10% to the property’s value, especially if you transform the space with the addition of a patio, deck, or summer house.
Gardens are a big selling point for buildings and well worth an update before you sell. Even just a lick of paint for your front door, a new fence and some hedges can add some serious kerb appeal to your property. Even if it doesn’t add much value, it can certainly help your building to sell.
The more living space available in your property, the more value is added. By converting your garage into a living space, you can add 15% to the property’s value.
Check if your garage is suitable and whether you need planning permission, and get it checked to ensure it is suitable by building regulation standards. An unused garage can be converted into a home entertainment centre, a home gym, playroom, and so much more. If you want to start you own joinery projects of micro brewery, a garage conversion is perfect.
A new bathroom can be a pricey investment, but it will add around 3% to 5% to the value of your property.
bathrooms can be remodelled into existing spaces or by an extension to give your clients and customers more bathroom availability. Bathrooms are more valuable than just a toilet, so try to ensure each of your bathroom spaces has a shower if possible. You can save on costs by getting exposed showers rather than concealed models and purchasing a bathroom suite rather than individual pieces.
Add a Conservatory
For an effective way to add up to 10% to your property’s value, consider getting a conservatory installed. They are a great way to merge indoors with outdoors and create an additional usable space that extends into the garden, the perfect addition for restaurants and bars.
You will be subject to limits and conditions on your conservatory as it is a permitted development, but they are well worth the investment. If you already have one, consider adding a tiled roof for additional value.
Well-insulated buildings are more valuable, and people always want to know how well a property can retain heat before they buy. Wall cladding comes in a wide variety of materials and styles that can add kerb appeal to a property and provide heat and sound insulation benefits.
Cladding is a low cost, low effort way to add some additional value to a building and provide effective insulation for many years. If you’d like to find out more about Bushbury Cladding’s range of high-quality wall cladding sheets like our box profile and corrugated metal sheeting, do not hesitate to contact us today.