If you’re looking to add value to your home, extensions are a great way to do it. Not only will they add square footage and make your home more functional, but they can also be designed to complement the existing style of your home. Here are five essential extensions that will increase the value of your home.
Sunroom
Sunrooms are a great way to add value to your home for several reasons. First, they allow you to enjoy natural light even when the weather outside is less than ideal. Second, they provide a space that can be used for various purposes, such as an office, playroom, or dining room. And lastly, sunrooms can be constructed with energy-efficient materials and features, which will help reduce your energy bills and make your home more attractive to potential buyers.
Garage Extensions
Another great way to add value to your home is by extending or converting your garage. A garage extension will add square footage to your home and create additional living space, such as a guest suite or home gym. A garage conversion can also significantly increase its value if you’re not looking to add to your home. Converting your garage into a livable space will not only provide you with extra square footage, but it can also make your home more appealing to potential buyers who are looking for homes with flexible living arrangements.
Kitchen Renovation
The kitchen is one of the essential rooms in any home, so it’s no surprise that extending or renovating this space is a great way to increase its value. An extension can allow you to add additional storage and counter space, while a renovation can breathe new life into an outdated kitchen and make it more functional and attractive. It’s estimated that a single kitchen renovation has an ROI of 80% , one of the highest when increasing home value. Either way, investing in your kitchen will pay off when it comes time to sell your home.
Swimming Pool
If you want a highly sought extension during the pandemic, adding a swimming pool is the way to go. Not only does it provide a fun and relaxing addition to your backyard, but it will also make your home more appealing to potential buyers. Many seek this kind of extension because public pools are usually closed when a pandemic hits a certain state, so make sure to get one for your home.
Outdoor Living Space
Creating an outdoor living space is another excellent way to increase the value of your home. This can include adding a deck or patio, installing outdoor lighting or a fire pit, landscaping, and creating functional and attractive outdoor spaces for entertaining or simply enjoying the outdoors. These types of extensions have been shown to have an ROI of around 50%, making them worth considering when looking to add. value to your home
No matter which extension you choose, investing in your home will pay off in the long run and make it more attractive to potential buyers. Consider the needs and wants of both yourself and potential buyers when considering extensions, and consult with professionals for advice on design and budgeting. Your efforts will surely add value to your home in the end. However, construction delays and accidents can lead to problems when building your extensions. Here are some ways to ensure that doesn’t happen.
Hire Qualified Contractors
Certain countries require contractors to take a particular exam. In the United Kingdom, contractors are required to take the CITB exam . This exam covers safety on construction sites, environmental awareness, business and finance for contractors, and legal requirements. Hiring a contractor who has passed this exam or a similar one will significantly reduce the chance of accidents or delays during the extension process.
Communicate Openly
Clear communication between you and your contractor is essential to ensure that problems do not arise during the extension process. Make sure to discuss any concerns or questions with your contractor, and establish a timeline for the project so that both parties know expectations and deadlines. Check-in frequently with updates to ensure that everything is going smoothly.
Properly Plan Ahead
Before beginning construction on your extensions, thoroughly plan for potential issues or roadblocks. Make a budget and stick to it, line up necessary permits, and work with your contractor to establish a timeline and plan for any potential problems that may arise during the construction process. Proper planning will help prevent delays or accidents during the extension process.
While investing in extensions can significantly increase the value of your home, it’s essential to take precautions to ensure a smooth and successful construction process. Ultimately, your effort will pay off with an increased value for your home.
