Finding ways to increase the value of your home can be for personal benefit or because you plan to sell. In both instances, one of the most effective ways to boost your home’s value is through an extension. Whether you’re considering large or small house extension ideas, making the right choice is important. Not all extensions guarantee a boost in value. You need to consider your options. Below we explore 10 of those:
-
Reconfigure existing spaces
The range of house extension ideas out there means you need to take some time over your options. Before adding a new extension, consider how you could reconfigure the internal layout. A more efficient use of space can create a better flow, making your home more functional and appealing. Knocking down non-structural walls, can open up smaller rooms to create open-plan living areas, which are highly sought after. Front of house extension ideas, like adding a porch can help to boost value.
Reconfiguring existing spaces doesn’t technically increase the square meterage of a house, it can be a cost-effective way to improve its value without the need for large-scale construction.
-
Add a Single-storey extension
Single-storey extensions are a popular option for homeowners looking to increase their living space. Common examples include; extending the kitchen, creating a new dining area or adding a garden room.
This type of extension can also let you improve or upgrade the quality of the living space. Large glass doors allow natural light to flood the room, bringing the outdoors in. Single-storey extensions are often less expensive than two-storey builds, making them an appealing choice for those looking to add value without breaking the bank.
You can benefit from the additional space and see the value of your home increase. If you plan to increase the space upstairs eventually, doing a two-storey extension is likely to be more cost effective than a single storey extension, followed by adding an upstairs room, at a later date.
-
Add a two-storey extension
This is one of the most significant types of extension. The benefits can be huge. This type of extension allows you to increase both ground floor and upper floor living space, offering additional rooms like a larger kitchen, extra bedroom or new bathroom.
While two-story extensions are more expensive than single-story ones, they offer better value per square metre, as you’re essentially doubling the space added. To maximise the value of this kind of extension, ensure that new rooms blend seamlessly with the existing house, both in terms of structure and design.
-
Convert a garage
If you’re lucky to have a garage on your property, you could turn this into an additional living space or extend your home into it. If the garage is mainly used for storage, transforming it into a home office, gym or additional living room could potentially add value to your property and it’s a popular choice of extension for semi-detached houses. This option usually involves less structural work than other extensions, but it doesn’t guarantee a significant rise in value, especially if parking space is a priority for buyers in your area.
-
Convert a loft
Loft conversions are popular as they make use of existing space, often adding an extra bedroom and en-suite. This can be especially valuable in areas where space is limited. Loft conversions tend to offer a good return on investment, but the final value added will depend on how well the new space integrates with the rest of the home and the quality of the work.
-
Add an Extension Above the Garage
Building an extension above a single-storey garage is a smart way to increase living space without sacrificing your garden space. It can be ideal for adding extra bedrooms or a home office. This option can lower costs by reusing the garage’s foundation, but it’s important to ensure the structure can support the new floor.
-
Add a Side Extension
A side extension makes use of otherwise wasted space next to your property and can be useful for expanding the kitchen or adding a utility room. This is especially beneficial in urban areas where every square metre counts. While a side extension can add value, particularly if space is at a premium, the design and integration with the existing property will influence its success.
-
Cellar Extension
Converting a cellar into a habitable room can add valuable living space, such as a guest suite or home cinema, especially in older homes. However, cellar conversions can be costly due to structural work and waterproofing needs. Although this type of extension could increase your property’s value, there are high costs involved so you would need to weigh up the investment vs. return.
-
Conservatory
A conservatory offers an affordable way to extend living space, often adding a bright, airy room connected to the garden. While conservatories are relatively inexpensive, their impact on property value can vary. Success depends on good insulation and a design that complements the rest of the house. Conservatories might not always add as much value as other types of extensions and you do have to give up some of your garden space.
-
Annexe
An annexe, either standalone or connected to the main house, can provide self-contained living quarters, ideal for multigenerational living. Though building an annexe can be a complex and expensive project, it has the potential to add significant value, particularly if it offers versatile uses like guest accommodation. However, there’s no certainty it will appeal to all buyers.
When considering a home extension, it’s essential to consider why you want to do the work. Are you looking to improve the quality of living space or as investment ahead of a planned future sale. Extensions like loft conversions, garage conversions, and two-storey additions are popular ways to increase value, but not all will guarantee a return. A large-scale renovation or extension costs a lot of money so having a good understanding of how to finance a house extension is vital too. Always assess your needs, budget and the local property market and consult professionals to ensure your house extension ideas are worth the investment.