Home Improvement Loans

Top ways you could add value to your home

New bathroom

A bathroom quickly looks outdated and renovating it is one of the quickest ways to update your home. It could cost thousands, however, to do a major refit, but it is possible to freshen up the look with a new bathroom suite for around £500.

New kitchen

Refitting a kitchen is second only to a loft conversion for adding value. This is the kind of project where it's not a good idea to cut corners - get advice from a reliable source and invest in good quality fittings. The kitchen is the heart of the home and is a feature that plays a vital role in the successful sale of a house.

Conservatory

A good conservatory can possibly reduce your heating bill, can add kerb appeal and could make a huge difference to your quality of life. If your property has the space for it and if it is constructed properly, a conservatory can extend your summer living well into the winter months. Get a range of quotes and ideas from various sources and ask for advice before settling on a design. You want to avoid the sense of an 'add-on' room that feels as if it's just been stuck on as an after thought. Think about adding central heating and double glazing and the new addition can assist in keeping the rest of your home warm too.

Convert the loft

Loft conversions, done professionally, can produce a great return on your investment. Unfortunately not all homes can cope with a loft conversion, the ceiling space has to be at least 2.4 metres high for example, but if you've got the space it can be a good way to add an extra bedroom and possibly an en-suite bathroom without losing ground space. It does entail major building work, so it's best to get expert help.

Open plan

It appears that the trend for open plan living will be long lasting. Open plan living arrangements create a sense of space and light. It's not good to get too carried away however, there are some things that are best tucked away behind a closed door - a noisy washing machine, for example. You'll need professional advice before engaging in a project like this, taking down walls is a major undertaking.

Add an extra bedroom

Adding an extra bedroom can increase the value of your home by more than 10%, according to a Nationwide report. You need to consider the dimensions and proportions of your home as well as thinking about your potential market. Adding an extra room may make your home more attractive to families but the size of the bedroom will make a difference - teenagers, for example, probably won't want to sleep in a box room while a young family may enjoy smaller rooms that are close to each other.

Central heating

Not a glamorous job but a popular way of adding value. Consider adding a new high-efficiency boiler - although they cost more than conventional boilers by about £100-£200, they could reduce heating bills and make your home more eco-friendly.

Parking space

People like to be able to park their car next to their house, so if you have the extra space on your premises, it's a good idea to add a parking space or even a garage to your home if you don't already have one. It depends on the size of your property, for example, a five bedroom house will probably need parking space for two cars, whereas a carport for one car would suit a smaller house.




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