An extension is a home renovation that can add to the value of your home, potentially paying for itself if the house is sold. The exact amount will depend on the type of extension and what it adds to your property.
Considerations for home extensions
When choosing a home extension, you will need to consider the impact it will have. There is likely to be considerable disruption during the renovation work, but once completed, it should enhance your home. Adverse consequences, such as taking away too much garden, mean that this type of extension may not be suitable.
Whatever extension you opt for, make sure the work is carried out to a high standard by a qualified professional, like precisionbuildersltd.co.uk/services/home-extensions/.
Home extensions and their value
Loft conversions are one of the most affordable options. They also add the most to the value. Potentially, they could add up to 20% if you create a space suitable for an extra bedroom with an ensuite bathroom.
Garages are often underused, and so turning them into an extension of your home makes sense. A bedroom with an en-suite could add 20% to the value, while a home gym, study, or playroom might add 10%.
Single and double-storey extensions can add extra rooms or enlarge existing ones, such as a home office, a bigger kitchen-diner, or more bedrooms. A single-storey extension can add 5 – 8% to the value, while a double can add up to 12%. A conservatory will increase living space, potentially adding 5 – 7% to the value.
