If you’re not planning to move home in the immediate future, but know that this is on the cards further down the line, it could be worth exploring the home improvement projects that can add long-term value to your property.
Speaking to Property Reporter recently, Stormclad managing director John Evans offered some advice about which projects it’s best to invest in if you want to see that reflected in the price your home goes on the market for.
One suggestion is to maximise the space available at your home. A single-storey extension or a solid-roof conservatory is one of the safest options in terms of how much you’ll spend and what return you can expect.
This kind of extension boosts a property’s value by an average of six per cent, the news provider noted.
Another area worth exploring is the energy efficiency of your home. It’s something that buyers are increasingly interested in and, if you have an older property, it can be particularly worthwhile as these homes are often not as well insulated as their modern counterparts.
If you improve your home’s energy efficiency, you’ll not only boost its value but will save money on your energy bills in the meantime.
Mr Evans commented: “With many of us finding ourselves with additional free time, now is the perfect opportunity to start making improvements and planning home enhancements to get going with as soon as possible.”
An article for the Daily Record recently pointed out that even small alterations can make a big difference to a property’s appeal to prospective buyers. It recommended that simple steps, such as repainting walls in light, neutral tones and introducing more plants to your rooms, can make a bigger difference than you might imagine.
If you’re considering house extensions in Milton Keynes, get in touch with us to find out how we can help.