{"id":2776,"date":"2014-08-19T09:00:40","date_gmt":"2014-08-19T08:00:40","guid":{"rendered":"https:\/\/www.anytrades.co.uk\/?p=2776"},"modified":"2014-08-19T09:00:40","modified_gmt":"2014-08-19T08:00:40","slug":"improvement-can-add-55000-home","status":"publish","type":"post","link":"https:\/\/www.local-quotes.co.uk\/guides\/inspiration\/improvement-can-add-55000-home\/","title":{"rendered":"What improvement can add \u00a355,000 to your home?"},"content":{"rendered":"

Research shows that adding an extra bedroom to your home is the best way of increasing its value, but with the wrong improvements you risk bringing down its valuation.<\/p>\n

An incredible 42% of homeowners are looking to improve their home over the next six months, probably down to the expensive nature of the buying market at the time being.<\/p>\n

But whilst an extra bedroom can add as much as a fifth to your home\u2019s valuation, botched DIY will actually bring down its price.<\/p>\n

Double bedrooms are what\u2019s to be considered and if you can sneak an ensuite into the extension then that\u2019s even better. The Nationwide group even says that you can increase your home\u2019s value by 21%.
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\nThe average home in England is worth \u00a3249,745 and by converting your loft into a bedroom ensuite you can increase the value by around \u00a354,500. And if you choose to extend your home for a new bedroom you\u2019ll be looking at a \u00a328,600 increase.<\/p>\n

Aside from adding a new bedroom, bathrooms look to be the next best thing. An extra bathroom would typically add \u00a313,000, or 5% to your home\u2019s value.<\/p>\n

Nationwide\u2019s chief economist, Robert Gardner, said: \u201cHaving more usable space is generally thought to be consistent with better quality accommodation and people are prepared to pay for it.<\/p>\n

\u201cHome improvements that increase floor area, such as an extension or loft conversion<\/a>, remain a good way to add value.\u201d<\/p>\n

If you want to understand what loft conversion cost<\/a> might be for your home take a look at our online guide.<\/p>\n

Energy efficiency also has a big part to play in your home\u2019s value, as potential buyers are keen to reduce their fuel bills and avoid extortionate prices.<\/p>\n

There are plenty of ways to do this as well, such as adding loft lagging or cavity wall insulation, and installing solar panels. Since 1996, more and more homeowners have been improving their home\u2019s energy rating, with Nationwide revealing homes in the top four bands (A-D) have increased from 20% to 65%.<\/p>\n

Gardner says, \u201cWith fuel costs continuing to rise and an increased emphasis on environmental sustainability, we expect households to become increasingly conscious about their energy use.\u201d<\/p>\n

Other areas of the home that Gardner recommends improving include the kitchen and the garden.<\/p>\n

The cost to improve a garden varies greatly, so we have pulled together lots of different options and created the ultimate garden landscaping cost guide<\/a>.<\/p>\n

Facts & Figures You’ll Love To Share <\/strong><\/p>\n