The right type of renovation can make a significant difference if you want to boost the value of your home. Whether you’re wanting to put the property on the market or seeking to enhance your living space, certain upgrades offer an attractive return on investment.
Expanding your home’s floor area through a loft conversion or extension is one of the most effective ways to boost its value, potentially increasing the property’s worth by up to 25%. Meanwhile, adding an extra bedroom, particularly a spacious double, can contribute around an additional 14-15% to the house value according to The Times.
Similarly, the addition of a second bathroom remains a popular home improvement, adding approximately 6% to the value of an average home. With buyers placing a premium on space and functionality, these upgrades cater to the ongoing demand for larger, more practical living areas, a trend that has become more pronounced over the last five years.
Kitchen and bathroom renovations also offer strong returns, though they typically add less value than structural expansions. A high-quality kitchen refurbishment can boost a home’s value by up to 10%, with modern appliances and finishes making a particularly strong impact on both sales price and rental appeal.
Meanwhile, a bathroom remodel, particularly in older homes, can add around 4% to the property’s value, offering a solid return on investment.
Time to Sell: Getting the Most for Your Home on the Market
These renovations will not only give you more flexibility in your home, adding space which you can enjoy, but make the property more appealing if the time comes to sell. This added value will be instantly felt if selling through a cash-buying company.
For example, inviting Sold.co.uk to value my house before and after an extension or conversion will see a notable increase in the sale offer. However, you can improve these free valuations even further with aesthetic upgrades to the interior and the garden.
One of the easiest and most cost-effective ways to enhance your home’s appearance is by redecorating with fresh, neutral-coloured paint. This simple update can make spaces feel cleaner, brighter, and more inviting.
Equally important is addressing any superficial defects. Fixing dripping taps, replacing broken lightbulbs, and cleaning up mouldy sealant in kitchens and bathrooms can prevent buyers from feeling that the property has been neglected.
First impressions are crucial, so improving elements such as your front door with a fresh coat of paint and tidying up the front garden and driveway are helpful.
Additionally, ensuring your home is well-lit and comfortably warm during viewings will create a welcoming atmosphere and reassure buyers about the efficiency of the heating system.
Beyond cosmetic updates, The Guardian states maximising space and functionality can add value. Decluttering each room – particularly high-impact areas like the kitchen and bathroom – makes spaces feel larger and more appealing.
Finally, minor upgrades in the kitchen and bathroom – such as replacing cupboard doors, taps, or re-grouting tiles – can freshen up these essential spaces without requiring a full remodel, making your home more desirable and potentially increasing its sale price.
Investing in Your Home the Right Way
Whether through structural expansions like loft conversions and extensions or cosmetic upgrades such as redecorating and modernising key rooms, these improvements help maximise both market appeal and selling price.
By focusing on strategic upgrades and maintaining a well-presented home, you can ensure your property stands out in a competitive market, making it easier to sell at the best possible price.