As a homeowner, you have the freedom and flexibility to improve and enhance the value of your home. One of the best ways you can achieve this is by adding a house extension to your property. House extensions in Sussex are common, which is why you must be thinking of adding them too.
So, if you are wondering whether such extensions will add value to your property, then you are in the right place. Here is everything you need to know.
How Much Value Will A House Extension Add To My Property?
The value that the house extension will add depends on what you get done. For example, according to research by Nationwide, a house extension with a double bedroom and ensuite can easily add a value of more than 20% to your property. As a general rule of thumb, it can begin adding a value starting from 15% to your property.
The best part is that if you maintain the house extension, then it will add even more value to a property. Remember that buyers will also look for unique and custom features. That is why you must ensure that the extension looks unique to add more value to it.
The Top 4 House Extensions That Will Add More Value
Here are the top house extensions that will add more value to your property:
1. Extra Bedroom
Adding an extra bedroom in the extension can help increase the value of your property. That is because many buyers are always looking for homes with more bedrooms. Because of this, you can easily add a value of 20% or more to your property in no time.
2. Loft Conversion
Are you in a hurry to sell and need to add an extension immediately? If you do, then one of the best things you can opt for is loft conversions. It will help you get a high return on investment as you will be maximizing your profits with the conversion.
3. Kitchen Space
Open plan living has become highly popular these days, which is why kitchen house extensions have become incredibly popular these days. It is one of the most popular extension projects that even you can carry out for your property.
4. Living Room
Do you love to have friends over and spend time with them? If you do, then a living room can be a great house extension, as it will offer you a place to hang out and chill. You can add features that will make the experience even better, such as wine coolers, a surround sound system, and much more.
Final Thoughts
A house extension can easily enhance the value of your property, depending on the type of extension you add. That is why you must select an extension you think the buyers will like and proceed to sell your home. Once you have the right extension, you will make some excellent profits with a high return on investment in no time.
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