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Does Renovation Increase House Value?

does-renovation-increase-house-value

Does renovation increase house value? Of course it does! Anything you to do to improve the condition or appearance or functionality of your home will increase its value overall!

Splashing out on home improvements not only makes your house a more enjoyable place to live in, but when executed properly, increases its resale value immeasurably.

Research suggests that the average home improvement project can add a healthy 10% to the value of a home, while those who build conservatories come out on top in terms of return on investment.

Energy efficient home improvements can also help increase your house value. Being able to save on energy consumption has become a top factor for many buyers.

Where Should I Renovate to Add Value?

So we’ve asked ourselves – does renovation increase house value? The answer is definitely yes! Now let’s look at the areas of the home where renovation adds the greatest amount of value:

Loft Renovation

Loft conversions can increase your property value by as much as 20%, which is definitely a decent sized increase. A loft renovation can give you additional space, adding an extra room or two to your property. This enables you to accommodate visitors, or a growing family with ease.

The good news is that in some instances, you won’t require planning permission to do so, as loft renovation is under the Permitted Development Rights.

Remember that planning officials in your area are more focused on the residential roof lines of a street, which means that this type of extension has minimal impact on the external appearance of your property.

Conservatory Renovation

Conservatories are welcome additions to residential properties and can provide you with a welcome additional room. Again, conservatories don’t require planning permission, though there are some regulations that you must adhere to.

It is essential that less than half of your original land area is covered. You should also ensure that your conservatory is adequately insulated, as this will enable you to relax in this room and enjoy it, regardless of the weather outside.

Exterior Renovation

When it comes to adding value to your home, or preparing it for potential buyers to view, it’s important to ensure that the exterior of the property looks the part.

It’s easy to get so caught up on the inside of your home that you forget about the outside, and you want your home to have a positive impact on potential buyers when they arrive to view. Does renovation increase house value on the outside? Absolutely, so make sure this is a consideration!

Ensure you repair any broken roof tiles, chipped door frames or window frames and clean all the windows. The better the buyer’s impression, the better chances you have of a higher offer if they decide to buy.

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You don’t have to spend a fortune on your kitchen renovation. Consider painting the walls, maybe tiling the floor and adding some new counter tops to make this space more attractive to any potential buyers who may want to view your home

More Renovation Options

Carpet Renovation

Carpets in the home can add warmth, and give it a homely feel, but at the same time, carpets do wear and age over the years.

High foot traffic areas, such as stairs and hallways, are likely to be the areas that take a more strain than anywhere else, Consider having these carpets cleaned, making them fresher and cleaner, and eliminating the stains, so that buyers are not disappointed when they first step foot in your home.

Areas that are torn or frayed, you may want to consider having those areas replaced, or considering an alternative flooring solution to make the interior of your home inviting and welcoming.

Here, it is important to ask if your home’s appearance adds value – instead of just asking – does renovation increase house value?

Kitchen Renovation

The kitchen is the heart of the home, and it is often one of the first things any buyer will look at replacing to make it their own.

If you have the budget, then providing prospective buyers with a ready kitchen, carefully laid out and providing them with ample space to move around is half the battle.

This saves the buyer time and effort and can also increase the value of the home.

You don’t have to spend a fortune on your kitchen renovation. Consider painting the walls, maybe tiling the floor and adding some new counter tops to make this space more attractive to any potential buyers who may want to view your home.

Bathroom Renovation

Often the bathroom is another room in the home where buyers will consider how much they will need to renovate.

Everyone has their own tastes and styles, so buyers may want to put their own personal stamp on the bathroom space, whether it’s a main family bathroom, or a personal en-suite.

When you live in an older home, you may find you are losing heat due to one or numerous reasons. Without a thorough inspection of the property, it is impossible to identify the cause of your lack of energy efficiency

The Importance of Insulation!

You may not realise how important insulation is when it comes to the time to renovate your home. Insulation is incredibly important, especially when you live in an older home. 

After having new insulation installed, you should keep your eye on it regularly, ensuring your property remains thermally efficient at all times.

Remember: good insulation can help you reduce your energy bills, again making this more appealing to any potential buyers at a later date.

Older homes do tend to be more expensive to cool and heat, with period properties proving particularly problematic, due to high ceilings, and other structural details.

Thankfully, you don’t have to suffer with high energy bills to heat your home during the Winter. Forewarned is forearmed, and with a little Home Logic know-how, you can easily reduce your usage, and energy bills to boot!

Why is My Home Losing Heat?

When you live in an older home, you may find you are losing heat due to one or numerous reasons. Without a thorough inspection of the property, it is impossible to identify the cause of your lack of energy efficiency.

We provide free site surveys as an added convenience to home owners, so you can identify issues without a charge, and without obligation to buy.

The reasons your home may not be as energy efficient as it should be include:

  • You will find that the older homes were not built with cavity walls, but rather with solid walls, which unfortunately are not thermally effective.
  • You need to remember that homes that were built prior to the millennium weren’t built under the same strict building regulations that we work to today.
  • If your loft insulation hasn’t been replaced for some time, then it may be due for replacement to improve efficiency moving forward.
  • You may still be living with single paned windows, which means you desperately need an upgrade to double or even triple glazed windows.
  • It is possible your exterior wall is gathering moisture.
  • If your home has condensation or damp problems, then this may be the cause of your lack of energy efficiency in your home.

The reasons listed above for why your home could be losing heat are just the tip of the iceberg, so to speak! They are the most common reasons, but there are many more.

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It is incredibly easy to install; we simply spray the foam into place using specialised machinery. The foam expands up to one hundred times its original size, and hardens almost instantly on impact

Renovating with Spray Foam Insulation

Twenty five percent of heat loss that you experience in a typical home is lost through the roof.

If you do live in an older home and your loft insulation hasn’t been checked for a while, then it is possible that it is time for your insulation to be replaced.

You could be losing a fortune each year just through your roof alone.

These days, many home-owners choose spray foam insulation, which is cost effective and highly efficient. We use Home Logic Spray Foam, which we believe is the best product available on the market right now.

As a result, the spray foam insulation creates a welcoming blanket of insulation across your home ceiling, which, in turn, can reduce the risk of losing valuable heat, and minimise the risk of moisture build up into the bargain.

Does renovation increase house value? When you put insulation as your highest priority then the answer’s a resounding yes! Keeping your house warm and more comfortable will see your asking price creep up in no time!

Renovating with Home Logic Wall Insulation

With your loft checked, and outdated insulation replaced, you will now want to pay attention to your walls. This is an important area to consider when asking yourself – does renovation increase house value?

Up to twenty-five percent of any heat loss in the home could be through your walls. Heat loss doesn’t only compromise comfort; it also increases your energy bills immeasurably, with additional devices deployed to make up for the shortfall of warmth.

Home Logic Wall Insulation is the most effective and easiest way to enjoy good wall insulation in the future. This product is revolutionary, and has impacted how the industry approaches wall insulation applications overall.

The great thing about this product is that it is sprayed or painted onto the outer walls of the home, and dries surprisingly quickly. Once it has been applied, it immediately gets to work, sinking into your masonry, and creating an invisible barrier of protection.

This barrier will protect the walls against dirt, water and micro-organisms. It can reduce the risk of your bricks getting wet, and creates a thermal barrier between the inside and outside of your home.

Upgrade your existing insulation the easy way, with the help of Home Logic. Simply call 0800 1700 636, or click the button below to get started today!

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