Four Awesome Ways to Add Value to Your Home
You don’t want to be the guy who spends thousands of pounds on home improvements that potential buyers deem useless or don’t even notice at all. While it’s understandable that most home improvement projects are done to enhance comfort and convenience, some of these can add real value to your home.
1. Garage Conversions
Garage conversions are one of the easiest ways to add more space and value to your home.
If your garage has become more of a junkyard or store room rather than a parking spot, it makes sense to make better use of it. This home improvement project is quite affordable and may even be completed within a week. Compared to standard home extensions, you won’t have to pay stamp duty or solicitor fees. In most cases, you won’t need planning consent since most of the works are often internal.
2. Home Extensions
Home extension projects can help you enhance your home’s functionality while also boosting its value. Compared to upsizing and moving houses, this is by far a cheaper alternative if you’ve outgrown your current space and would need some more room space.
According to the RICS, converting a 20-metre square loft may cost about £29,600 at roughly £1,480 per square metre. Many home extensions may also not require planning consent since they often considered permitted planning if they meet the required conditions.
3. Kitchen Renovations
Kitchens are usually a significant place of attraction for most potential home buyers. Most upgrades in this area may easily help to increase the home’s value in return. Kitchen renovations can cost anywhere from £10,001 to £25,000 on average. However, about 22% spend up to £50,000 while about 10% spend even more.
The key here is being careful and having a clear plan.
While it’s important that you remodel the place look as beautiful as you want, the costs here can easily add up. You probably won’t need planning permission for your kitchen renovation if it’s not part of a new extension. However, you may have to consult your local authority if you’re living in a listed property.
4. Bathroom Refurbishment
Along with kitchens, bathrooms are also a common point of attraction for most people. Depending on your budget, you may want to do a DIY installation of your bathroom or get professionals to handle the process.
Bathroom refurbishments can take anywhere from one to three weeks but are well worth the cost and inconvenience. Upgrades here would go a long way into not just boosting your home’s aesthetic and feel but also its market value.
Do I need planning permission?
Planning regulation somehow complex and could be difficult to navigate without proper awareness. However, most home extension projects won’t require planning permission except;
- If the extension is larger than half of the area of land around the house;
- The extension is higher than the highest part of the original house’s roof;
- The extension includes balconies, verandas, and raised platforms;
- The materials used are different from those of the original house;
- The extension will be on the front side of the principal elevation or on the side where it extends to a highway, etc
Do I need building regulations?
You have to understand that most home extension projects require Building Regulations approval. It doesn’t matter whether you need planning consent or not.
You may either send a Full Plan Submission or a Building Plan, notifying the local authorities of your plan to comply with regulations in building your extension as well as issuing a 48-hour notice to the building control depart of your plan to begin work.
A building notice is, however, risky since this could cost you significantly if you encounter compliance issues during the extension building process.
Do I need A Party Wall Agreement?
Construction works on your property that may affect a shared wall may require a Party Wall Agreement. Examples of this include shared garden walls as well as walls in terraced and semi-detached houses.
You’ll need this if;
- The work would include excavations near the neighbor’s property (three to six metres);
- If the work involves garden walls shared with neighbors;
- If the work would include a loft conversion, damp-proof course installation, and the creation of new foundations;
Home renovation and extension projects would help you boost comfort and convenience within your home. They may also increase your property’s market value in the process.
However, it’s always important to ensure proper compliance with building regulations, so you don’t run into avoidable and unnecessary troubles.