Home improvements that add value
Considering home improvements? Not all renovations are created equal when it comes to boosting your property's value. Discover which projects offer the best return on investment in the current UK market.
As a homeowner, you might be contemplating improvements to enhance your living space or prepare your property for sale. While personal enjoyment is a valid reason for any renovation, understanding which projects genuinely add value is crucial, especially if you're looking to maximise your return. As experienced estate agents, we often see certain improvements consistently deliver better results.
Kitchen and Bathroom Renovations: The Heart of the Home
It's no secret that kitchens and bathrooms are often the deciding factors for potential buyers. A modern, well-maintained kitchen or bathroom can significantly increase your property's appeal and value. Buyers are often looking for spaces that are ready to use, without the immediate need for costly renovations.
- Kitchens: Focus on functionality, good quality appliances, and a contemporary aesthetic. Consider open-plan layouts if feasible, as these are highly sought after. A mid-range kitchen renovation can often see a return of 60-70% of its cost.
- Bathrooms: Cleanliness, good lighting, and modern fixtures are key. Adding an en-suite bathroom, if space allows, can be a major selling point, particularly for larger family homes.
Loft Conversions and Extensions: Maximising Space
Adding extra living space is almost always a wise investment, particularly in areas where square footage commands a premium. Loft conversions and single or double-storey extensions can transform a property, providing additional bedrooms, bathrooms, or versatile living areas.
- Loft Conversions: Converting an unused loft into a habitable room, especially a bedroom with an en-suite, can add substantial value, often recouping 70-80% of the cost. Ensure the conversion meets all building regulations.
- Extensions: A well-designed extension that complements the existing property can create valuable extra space. Consider how the extension will flow with the rest of the house and if it will enhance natural light.
Kerb Appeal: First Impressions Count
Never underestimate the power of a strong first impression. The exterior of your home, often referred to as 'kerb appeal', is the first thing potential buyers see, and it sets the tone for the rest of the viewing.
- Front Garden and Driveway: Tidy landscaping, a well-maintained lawn, and a clean, inviting pathway can make a huge difference. If parking is an issue in your area, adding a driveway can be a significant value-add.
- Windows and Doors: Modern, energy-efficient windows and a stylish, secure front door not only improve aesthetics but also enhance insulation and security, appealing to environmentally conscious buyers.
- Exterior Paintwork: A fresh coat of paint can instantly revitalise the look of your home.
Energy Efficiency Upgrades: A Growing Priority
With rising energy costs and increased environmental awareness, buyers are increasingly prioritising energy-efficient homes. Investing in these areas can make your property more attractive and valuable.
- Insulation: Loft, wall, and floor insulation can significantly improve a home's energy performance certificate (EPC) rating.
- Double Glazing: Upgrading to modern double or triple glazing reduces heat loss and noise.
- Boiler Upgrades: A new, efficient boiler provides peace of mind and lower running costs for buyers.
General Maintenance and Decluttering: The Basics
Sometimes, the most impactful 'improvements' are simply good maintenance and presentation. Before embarking on major projects, ensure the basics are covered.
- Repairs: Fix any leaky taps, broken tiles, or peeling paint. Small issues can give the impression of a neglected home.
- Decluttering and Cleaning: A clean, tidy, and decluttered home allows buyers to visualise themselves living in the space.
- Neutral Decor: While personal taste is important, neutral colours appeal to a wider audience and make rooms feel larger and brighter.
Ultimately, the best home improvements are those that align with buyer demand in your specific area and enhance the functionality and appeal of your property.
At Brown & Brooke, we’re here to guide you through every step of the selling process, from initial valuation to handing over the keys. With our deep understanding of the South East London market and a personal, independent approach, you can trust us to help you make the most of your sale.
Call us if you’re thinking of selling your home in SE London. Give our team a call today on 020 8858 0200 - we take pride in every property we sell.
