Increasing your property's value with home improvements

Increasing your property's value with home improvements

A property is one of the biggest financial investments you will make in your lifetime and with increased pressures on personal finances looming in later life, it makes sense to ensure that your home remains in tip top condition.

Jon Over, Managing Director at Goldstone Homes, provides his home improvement ideas for helping to increase your property’s value.

The heart of the home: the kitchen has become an integral part of modern day living and is often regarded as the heart of any home.  The key to creating a perfect kitchen is careful planning and quality fixtures and fittings.  Built in appliances, hard wearing worktops and timeless design will all help to add value.  However, don’t go overboard.  Keep the look and feel in line with the rest of your home and proportionate with your property’s value and the surrounding area.  

Conservatory/extension: creating extra space is always going to be a welcome addition for any property.  Do your research thoroughly and spend time focusing on what will work best for your property.  Speak to a professional tradesperson so you can ensure you are getting the best return on your investment.  Extra space should be seamless and work well with a property’s existing layout.  Out of place conservatories and clumsy shaped extensions are a no-no.   


Parking: the average UK family has two cars so parking is often at a premium especially on roads with older properties.  Using surplus space to the side, front or even the back of your property for off street parking is not only desirable to future buyers but also guarantees a safe space for your vehicle and helps to reduce the cost of your car insurance.  A good builder will be able to advise you on the best types of materials to use, accessibility and any relevant permissions required for lowering curbs adjacent to your proposed parking space.  

Conversions: loft or basement conversions are a great way to utilise existing space and create additional rooms.  Think about how the conversion will work with the current layout and what the conversion will mean in terms of added value.  For example, an additional bedroom won’t work in a four bedroom home with one bathroom unless you have space to create an en-suite facility as well.  Any undertaking this large should always be carried out by a professional.  Get recommendations for a reputable and reliable construction company and, if possible, view examples of previous projects that they have completed.

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Latest Comments

MBM Homelets
MBM Homelets 23 Mar 2017

Although this is a very positive step, there is little or no guarantee of the standard of workmanship employed by the tenants. We have had experience of a professionally decorated property being ' painted'...

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ajay
ajay 21 Mar 2017

How is the "robust evidence" looking now?

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NathanG
NathanG 20 Mar 2017

I've been watching the series so far and am completely baffled by the cases that were presented. Though, I don't think that we can protect ourselves from every scam possible - it will just make the scammers...

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Landlady14
Landlady14 01 Mar 2017

You would think so Niraj Shah! My experience only proves that there are varying qualitiers of professional in all aspects of property letting. None of the ones I have dealt with, from letting agents to...

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Mark
Mark 01 Mar 2017

Thanks for this article. Hopefully one day everybody's lifestyle will be eco-sustainable.

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Ben Taylor
Ben Taylor 28 Feb 2017

I was convinced that London was the most expensive!

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Alan Read
Alan Read 28 Feb 2017

Australia are leading the way in this I think. The trouble with Britain is we don't get enough sun to make use of solar power.

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James Powell
James Powell 27 Feb 2017

This is a very good news.

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DanHumphreys
DanHumphreys 27 Feb 2017

It sounds like a good idea. Anything to help the younger generation get a foothold.

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Matt
Matt 20 Feb 2017

Is this fake news?

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Matthew Hollywood
Matthew Hollywood 07 Feb 2017

Matthew Hollywood - Director Mishon Mackay Land & New Homes - Brighton The shortage of New Homes is in part effected by the lack of land sales. Land sales are held back because there is a disparity between...

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CommercialTrust
CommercialTrust 30 Jan 2017

Hi Graham, Would be interesting to see the above figure calculated against an investment via a Lt Company /SPV structure and if the investor found themselves pushed in to the higher tax bracket. Mortgage...

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