Design Drawn Blog

Home Renovations and the Impact on Property Value

In a recently published survey by The Nationwide Building Society, the most common types of home improvement have been rated in terms of the percentage value they are likely to add to a property. The results are as follows: 

% OF VALUE ADDED TO HOMES BY BUILDING WORKS

Type of Improvement	Added Value to property
Extension - large kitchen / family room into garden area	15%
Extension - adding floor space	12%
Extension - extra bedroom by adding floor space (2 bed to 3 bed)	12%
Extension - extra bedroom by adding floor space (3 bed to 4 bed)	8%
Alterations - extra bedroom without adding floor space	6%
Loft Conversion - extra bedroom and en-suite	21%
Adding an extra bathroom or en-suite	5%
Off-street parking space	6.5%
Garage - detached or integrated	7-14%
Double glazing	5%
Central heating value added	7%

 Our Top Tips 

Area	Making the most of your home
Kitchens	Choose units that will not date and where-ever possible fit granite worktops. The kitchen should be of a generous size and preferably overlooking the rear garden.
Bathrooms	White sanitary fittings are a must. A 4 bed house should have 1 bathroom and 1 ensuite, a 5/6 bedroom house should have 1 bathroom and 2/3 ensuites.
Downstairs WC	A downstairs toilet can be located almost anywhere. An external window and separate lobby are now not required. A downstairs WC is on most home-buyers wish-list.
Reception Rooms	Preferably a house of over 4 beds should have at least two separate reception rooms. One of the reception rooms shoud have an outlook to the rear garden.
Layout	An aspect often overlooked. The layout and circulation of a house should flow. Increase circulation space when adding extra rooms and avoid through-rooms.

 If you are considering a major improvement to your home please contact Design Drawn Ltd for a Free and No-Obligation consultation.  www.designdrawn.com