With housing prices booming for at least a year or two, to outperform the housing market in the future, you won’t be able to rely on inflation and demand. To increase your equity, you’ll need to make some home improvements that future buyers will appreciate, and a home addition could do the trick.
Here are some ways it could go:
Making use of a flat roof. A sun terrace is very popular with buyers, especially if it overlooks a garden or a distant view. If you can get approval to build a conservatory in the space, it will be a terrace that you can use all year round and not just in the summer months. It can be a space in the back of a bedroom or in the living room on the first floor; Either way, it will add a few square feet to the size of the property and can make the existing room significantly larger and more attractive. If you decide to move at some point in the future, when the housing market has recovered, you should highlight the published property details to promote your home.
Make a home office or hobby room. With an increasing number of people working from home, either full time or a few days a week, a home office allows you to isolate yourself from the rest of the house so you can work undisturbed. It saves you the work that accumulates at the dining room table, and if designed correctly, you can quickly go from a home office to a reception room in a few minutes, if you install cabinets that can hide computer equipment, paper shredders, files and other office paraphernalia. And with Wi-Fi-enabled computers, there’s no need for unsightly cables trailing across floors.
a new kitchen, will really help sell a house, and by expanding it with a conservatory, you can create a dining room or entertainment area just a few steps from the kitchen appliances. You will need to ensure that there is sufficient ventilation; otherwise, the heat and steam from cooking will cause condensation to build up quickly. A conservatory kitchen can become the central room in the house, especially if you have small children and want to keep an eye on them while you cook or attend to other tasks.
Conservatories and garden landscaping. Think of these as related projects rather than stand-alone. People no longer just want a tidy garden with a grassy area, they want a conversation starter with interesting plants, terraces, garden lights and much more. The garden is really becoming an extension of the living room of a house and a conservatory can be the bridge that connects them. It will also be a room from where you can enjoy the scenery at dusk and throughout the year.
what not to do. Whatever you do, make sure the quality of the extension and fixtures and fittings are in line with the price range of the property itself, you can spend too little or too much. Spending less on an expensive property may save you money in the short term, but when you sell it could be more of a liability than a prominent selling point.
And unless you’re planning to stay in your home for a long time, overspending can also be a waste of money. If you feel that your home is priced well above the average of others on your street, it can be very difficult to sell it. Having the best house on a mediocre street will not make your house an easy sell.
A conservatory company with expert designers will be happy to advise you on these and other matters related to making a sensible decision about adding a conservatory to your home, including its size, position and style. Talk to a few of them and ask to see photos of some of their work before going ahead with your plans.