Spending money on enhancing your home is not only aimed at increasing comfort and beauty but also a good economic decision. There are certain home improvements that could prove very advantageous whether you intend on putting up your house on sale soon or just wish to raise its selling value.

However, before embarking on any improvement task, it is crucial to think about the areas in your house that may require attention. By doing this, you will ensure that the maximum ROI. Some popular suggestions for increasing home value include upgrading kitchens and bathrooms, adding extra rooms or extensions, as well as enhancing curb appeal through landscaping.

So, let’s look at some construction projects that will increase the value of your home!

Finding your home’s current value

It is extremely crucial to know the current value of your house especially when you want to move ahead with construction projects. This will help you know the current value of your property and hence be able to determine on a sound basis what kind of improvements or renovations might give you the most ROI.

So where do you start finding out your home’s value? One way is to approach three or more local estate agents and request a free visit. By doing so, not only would you tap into their connections but also leverage their experience in property evaluation. More importantly, such agents are always ready to meet potential clients whom they may serve in the future as well as foster such relations.

You should know which plans will increase the selling price of your home before taking any advice from real estate agents. These professionals know the preferences of buyers and can spot any defects or additions that might make people want to buy your property.

In addition, talking to a local estate agent will let you know what is going on in the housing market around you. This will enable you to understand the approximate worth of your property vis-a-vis others like it that have been selling recently and hence make a more informed judgment about it.

What projects add the most value to your property?

Once you know the current value of your home, its time to find out which construction projects add the most value. After conducting some research, we have found 5 such projects that can tremendously increase your home’s value!

1. Create an open plan living area

Start by demolishing a wall to make an open-plan living area. This doesn’t just create more space and light in your home– it can also add a substantial amount to its value. While the average cost of this kind of work is £3,500, it could easily increase a property’s worth by up to £48,000 in London or £27,000 in Dorset.

2. Build a garden room

Another sought-after project is building a garden room: a self-contained living area in your garden. As well as giving you extra space, it could bump up your home’s value by a hefty sum. Such projects cost around £7,000 on average but our research found they could add an extra £36,000 to a Surrey home or £10,000 to one in London.

3. Renovate your kitchen

A new kitchen will also boost your home’s value. You don’t have to spend a fortune: simply replacing worktops, cabinet doors or flooring can make a big difference for less than £4,000. Indeed, such an outlay could add £17,000 to a property in Cambridgeshire or £15,000 to one in London.

4. Add a downstairs toilet

How about adding a downstairs loo? It may sound simple, but it could boost your home’s value by £26,000 for just a £1,500 investment! So, if you have any wasted downstairs space like a lying cupboard, make good use of it.

5. Make way for an ensuite

Lastly, an en-suite bathroom could make your home more saleable and expensive. Creating one in a bedroom could raise a property’s price by an average of £14,525 in London: while the investment is merely around £5,000.

Some more top tips for adding value to your home

Adding value to your home involves more than selecting the right project– there are many factors that can influence how much your property is worth overall.

• One piece of advice from our own Architect7 professionals is to put money into classic build features rather than superficial fittings. Skylights, bi-fold doors and hardwood floors may cost more but they will add value over time by making your house look better as well as having practical benefits for any would-be buyer: so they are an investment worth considering.

• Another thing worth considering about is making your home greener. Nowadays everyone is becoming aware of environmental issues: so if there is a way to make your house sustainable or energy efficient then this could appeal to home buyers. Some eco-friendly home ideas include building a garden room with solar panels on the roof; fitting rainwater harvesting systems; and using appliances which have low energy consumption rates. In fact some local councils now encourage people to think along these lines when they are planning new construction projects because it helps reduce carbon emissions.

• Our research also indicates that creating spaces which can easily be adapted might boost wellbeing– and saleability. People who feel their rooms meet requirements tend to be happier so it could be useful to have flexible living areas (ones that can double up for different uses); multi-functional rooms such as combined studies/guest bedrooms; and technology controlled by smart apps!

For more details on construction projects that add value to your property, get in touch with us at Architect7. We will get back to you in no time!