Increase floor space to improve your home’s value
ADDING a loft conversion and creating extra floor space can add as much as 20 per cent to the value of a property.
A past survey from Nationwide Building Society shows that building an extension incorporating a bedroom and bathroom could increase the value of a three-bedroom, one-bathroom house by thousands of pounds.
Other ways to increase value include making improvements to energy efficiency by installing high quality insulation and hidden ‘luxuries’ such as underfloor heating.
A word of warning
However, any additions must be conducted sympathetically and by reputable contractors.
Increasing your home’s square footage is nearly always a good investment, not only because you’ll see the value of your home increase but also because you’ll be making the most of the space you have whether or not you choose to stay.
Whether it is by installing a conservatory or converting your loft into a dream bedroom, study or extra space, it’s important to use the right qualified professionals to make sure the job is done properly.
Make energy efficiency a priority
While installing a conservatory or extension may seem like a good idea, careful consideration must be given to issues including heating and energy efficiency.
Instead of being the lovely investment people want it to be, a conservatory that isn’t properly heated can become a drain on the pocket and an uncomfortable place to spend time in. That’s because many conservatories are simply too hot in summer and too cold in winter.
Think about an environmentally friendly air source heat pump which extracts heat from the atmosphere and uses it to heat a room like a conservatory. What’s more, it can be switched to ‘reverse’ so it is like a ready-made air conditioner during the warmer weather.
People who want a flat roof extension or loft conversion must also pay attention to making sure any additional space remains a cost-effective and worthwhile addition.
Insulating a loft or flat roof with a high quality insulating material is vital to keep heating bills down. Remember that any new rooms will have to be heated too – and insulation can help to keep household bills under control.