Top additions to increase your house value— January 15, 2020
Are you confused about whether you should renovate or not? This is a very crucial question, when you are trying to increase the value of your house. In case you want to get that dream home, it is important to maximize the value of your current place. In this regard, feel free to reach out to home addition companies and get some professional advice. While there are hundreds of ways to transform your house for greater value, only a handful will work for your particular case and type of house.
Home additions to increase the house value
In this article, we aim to help you figure out whether it is even worth it to add value in your property or not. In this regard, we have compiled a number of additions that can help you achieve greater value. These include:
Convert the cellar
By transforming the existing cellar in a storage or living space, you can significantly boost the value of your property. According to surveys, this can increase the property value by more than 30 percent. This applies, for as long as the building cost is less as compared to the price of the same area.
Actually, cellar conversations are the least difficult home improvements. As a result of this, you will not need a permission legally. However, if you are making changes in a building that is listed, then it is important to talk to local planning officers.
Splitting a house in flats
In cities like London and other major cities of the world, flats are high in demand. So, it is often easier to rent them out. As a result of this, people tend to split their property in various units which can increase their rental income. In the long-term, they benefit from selling the property.
So, before you start such a project, it is important to check if properties are even in demand in your area. If they are not in good demand, then such a transformation is unnecessary. Though, if they are in demand, then perhaps it can be a great opportunity for you to make some profits.
Converting the garage
In case you are not using the garage to house a vehicle, it makes total sense for you to turn it into a living space. This especially applies in case there is parking space available outside. In this regard, the first step should be to check if your garage is even suitable for this. Also, check if you will need a planning permission. Though, in a wide number of cases, garage conversions do not need permissions as they are classified as permitted. However, it is a good practice to ask the planning authority in your area.
To make sure that the garage is structurally sound, garage conversations are mostly subjected to the regulations that apply to all buildings. In this regard, an independent inspector who is approved can guide you a lot and help you out.
In many cases, you could transform your garage into a nice kitchen or a totally new room as part of the house. There are countless ways in which you could make use of that unnecessary garage.
All of the above-mentioned house additions can increase the value of your house greatly. However, before you get any particular house addition, talk to an experienced home addition builder DC. This way, you will be able to figure out whether an addition is worth it or not. This is because some additions do not add any value or enough value in the property. Hence, in that case, you will be at a loss.
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