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How Much Value Will Home Improvements Add to My Home? Posted: 14th March 2019

According to Anglian Home Improvements, creating more open plan living spaces in your home and converting your loft will add the most value to your home. However, when surveyed, only 2% of respondents believed that open plan living would add the most value to their home.

Here’s a breakdown of the home improvements that will add the most value to your home, and the average figure of just how much they will add:

Open plan living spaces: £46,504

Loft conversion: £24,2555

Extension: £6,454

New kitchen: £3,509

Conservatory: £3,155

Let’s compare this to the value that those surveyed think home improvements will add:

Extension: 27%

New kitchen: 25%

Loft conversion: 15%

New windows: 8%

New front door: 7%

As you can see, there’s a real iPost Office Money also carried out a survey recently and found that the most popular motivations behind home improvements were to add value to their property. The survey found that only 5% of people had carried out home improvements because they wanted to move in the near future.

Over the past few years here in East Renfrewshire we have found that house prices have been strong compared to the rest of the UK, especially in the face of Brexit uncertainty. However, with school places adding a premium to many homes here in East Ren and competition for family homes remaining high, many have chosen to improve rather than move, and waited until their children have either left school or their school place is secure to move. Many homes we sell have extensions, loft conversions and additional space created to avoid having to move – and this is why we have so many fabulous family homes for sale in the area.

We have several homes for sale that have been significantly upgraded and these improvements have added significant value.

If you’re thinking of undertaking a project talk to us and we can advise on whether it will add value and/or buyer appeal to your home. The key is to update your home or carry out improvements that would enhance your quality of life and meet your needs as a family.

Whatever your reason for moving; whether it's for extra space, to downsize or you may simply have found your dream home, Nicol can help. Our knowledge of the local property market helps us develop a marketing plan that's right for you and your property.
We want our clients to be delighted with the service we provide. Listening to your needs and understanding your requirements is our starting point. To find out more about our approach to selling homes, download our comprehensive Guide to Selling your Property here.
If you are planning on selling your home, contact Nicol Estate Agents today for an appraisal of your property. Our Managing Director Douglas Nicol and Estate Agent and Valuer Daniel Cohen carry out hundreds of market appraisals every year, giving them an intimate and unparalleled knowledge of the property market in Glasgow, from city centre apartments to family homes and building plots. We will talk to you about the property market in your area, compare sales evidence, local demand for similar properties, outline our tailored marketing plan and provide details of our sales support strategy right through to completion.