With property value going up throughout the UK and many people now working at least part time from home, the biggest decision to make is, ‘do your move or improve’ your home?
The Covid-19 pandemic has meant many of us have had time on our hands, including my son and his wife who moved close to us in January. They have both said after renting for so many years they want this to be their forever home so it is important they get it how they like.
They put a ‘to do’ list down and included in that list was either a loft extension or kitchen extension. Loft conversions are probably one of the most popular home improvement projects because they are cost affective and are a cheaper way of expanding the size of your home. An extension would be considerably more expensive than a Live in Lofts extension, but you are able to do a lot more with an extension than a loft conversion. Wiring and heating also costs more in an extension, so it’s worth thinking about all the extra costs before you decide how you want to create more space in your home. Kitchen extensions are renowned for going above your original budget so there is a lot to think about when deciding on any type of extension work.
It has been proven to help your mind body and soul that some of the smallest of corners in a quiet area of your home could easily be changed into a reading/relaxing area, so it doesn’t need to be a large extension to give you some yen in your life. This is where a good, local, experienced estate agent, AMS housing Group or chartered surveyor should be able to help. I am addicted to the BBC 2’s programme ‘Your Home Made Perfect’ which helps a couple decide how they want their home made perfect. The kitchen seems to be the big one they all do but some end up going right through the house.
A great book to buy is ‘Mad About The House Planner, Your Home, Your Story’ by Kate Watson-Smyth (Author).
Interiors expert Kate Watson-Smyth brings you the Mad About the House Planner for everything you need to know when renovating your home. With more and more of us working from home and spending more time in the house, it’s more important than ever that our homes are adaptable and welcoming. Packed with Kate’s knowledge and enthusiasm, this journal offers you ways to renovate your home room by room, with a focus on sustainability and money-saving tips. Also included in this handy planner are accounts pages to note down what you’re spending money on – and when – as you renovate, an address book for useful contacts and tradesmen, checklists for all the essentials in each room, grid pages to draw your own floorplans and space to jot down your favourite shops, inspiration and websites. Beautifully packaged with ribbon markers, this is a journal to treasure and keep a record of your home’s journey.
First Things First – planning your home: who will be using the space, when, where and how? Plus tips for the big move-in day
The Entrance Hall – how to create the perfect hallway; stairs, carpets and storage solutions
The Kitchen – planning the space, kitchen appliance tips and how to upscale a cheap kitchen
The Bathroom – where to spend and where to save, carrying your style into the bathroom
The Living Room – making the best use of the space, tips for flooring and rugs; buying vintage and salvaging preloved furniture
The Main Bedroom – reflecting your sleeping habits in your colour scheme, ideal storage and lighting solutions
The Second Bedroom – how to create the perfect nursery or spare room, how to adapt the room as your family grows up
The Third Bedroom – how to create the ideal room for teenagers and guests
The Home Office – working from home is here to stay, so decorate to create the best working environment for you.
Your Home, Your Lists: packed with Kate’s tips for upscaling your home and go-to places, plus space to add your own favourites, make lists and budget sheets.
According to This Is Money a study by Nationwide found that adding an extra double bedroom and ensuite to a three-bedroom house via an extension or loft conversion increased its value by more than 20 per cent.
According to the Office for National Statistics, the average house price in the UK is £245,000 – so a 20 per cent value uplift of £49,000 would more than cover the cost of the average extension. A loft conversion or extension may add 10 to 15 per cent to its value.
Design For Me reminds us that in recent years the government have relaxed planning rules in regards to extensions. The changes have given homeowners more flexibility to improve and increase the value of their homes. Previously, without planning permission, you could add a single-storey extension of up to 3 meters in depth for an attached property and 4m to a detached house, these distances have been doubled.
Design For Me say it is impossible to put an exact figure on this as it varies depending on the type of extension, the house, the location of the property and remember that most statistics are averages and can vary considerably from project to project.