Every homeowner dreams of maximising their property’s potential, both in terms of space and value. But with so many extension options available, which ones truly give you the best bang for your buck? If you’re grappling with the question “what extensions add the most value”, you’re not alone. At Bradshaw Extensions, we’ve helped countless Glasgow residents transform their homes, and we’re here to shed light on the most value-adding extensions.
Thinking about changing your home can bring up a lot of questions. You might wonder if building work will turn your daily routine upside down. Or if the money you spend will really be worth it in the end. These worries are common, and we get it.
But here’s something to think about: every big change comes with its set of challenges. Yes, there might be some noise or dust for a while. Maybe you’ll have to adjust your routine a bit. But these are short-lived.
In the bigger picture, what you’ll get is a home that’s got more space, works better for your needs, and is worth more if you ever decide to sell. So, while the journey might have a few bumps, the destination is definitely worth it.
Considering expanding your home with an additional room? You’re on the right track. On average, introducing an extra bedroom can elevate your property’s market value by a notable 11%, and in some cases, can add up to 20% value! However, it’s essential to understand that this isn’t a one-size-fits-all scenario. Several factors come into play:
Quality of the Room: A well-designed, high-quality room with modern amenities and finishes will naturally fetch a higher value than a hastily done, low-quality addition.
Size Matters: A spacious, airy room can be a significant selling point. Larger rooms often offer more versatility, be it as a guest room, a home office, or a children’s playroom, making them more appealing to potential buyers.
Current Property Market: The property market’s state at the time of your sale will influence how much value your extra room adds. In a seller’s market, where demand outstrips supply, your additional room could be a massive draw for buyers, pushing your property’s value even higher.
Purpose of the Room: While bedrooms generally add significant value, other rooms like home offices, gyms, or entertainment rooms have become increasingly popular, especially in the post-pandemic era. The utility and appeal of the room to potential buyers can influence its value addition.
Location in the House: An extension that seamlessly integrates with the rest of the house, such as a loft conversion or a side extension, can add more value than a room that feels tacked on or disrupts the flow of the home.
While adding a room is a surefire way to increase your property’s value, the actual value addition will depend on several factors. But with careful planning, quality execution, and a keen eye on market trends, your extra room can be a significant asset when it’s time to sell.
Absolutely, in the majority of scenarios! Embarking on a home extension project does come with its set of upfront costs, which might seem daunting at first. However, when you look at the bigger picture, the long-term financial benefits can be significant. Here’s a deeper dive into this:
Return on Investment (ROI): A well-planned and executed extension can boost your home’s market value substantially, with potential increases of up to 20%. This means that for every £100,000 spent on the extension, you could see a return of up to £120,000 when selling, making it a profitable venture.
Quality Matters: It’s not just about adding space; it’s about the quality of that space. High-quality materials, modern amenities, and professional craftsmanship ensure that the extension feels like a natural part of the home, which can further enhance its value.
Local Property Standards: Before starting, it’s crucial to familiarise yourself with local building regulations and standards. An extension that adheres to these standards not only ensures a smoother building process but also adds genuine value to the property.
Complementary Design: An extension that seamlessly integrates with the existing property layout and aesthetics is more likely to appeal to potential buyers. Think about the flow of the house, the placement of windows for natural light, and how the extension enhances the property’s overall appeal.
Future-Proofing: While it’s essential to design for your current needs, considering future trends and requirements can make your extension more adaptable and appealing in the long run. For instance, with the rise of remote work, an extension that can double as a home office might be particularly attractive.
Cost Management: While the potential ROI is promising, it’s also essential to manage your budget effectively during the extension process. Seeking multiple quotations, understanding where to invest more (like insulation or structural integrity), and where you can save without compromising on quality can help ensure your extension is cost-effective.
Without a doubt, and here’s a deeper dive into why. The kitchen, frequently referred to as the home’s heartbeat, plays a pivotal role in both daily life and in the eyes of potential buyers. Here are the compelling reasons that make a kitchen extension a worthy investment:
Enhanced Functionality: A kitchen extension allows homeowners to design a space that caters to their specific needs. Whether it’s adding a breakfast bar, incorporating a dining area, or simply having more counter space, an extended kitchen can significantly improve the room’s functionality.
Open-Plan Appeal: The trend of open-plan living shows no signs of waning. An extended kitchen can seamlessly integrate with living or dining areas, creating a spacious and cohesive environment that’s perfect for entertaining, family gatherings, or just day-to-day living.
Natural Light and Views: Extensions often come with the opportunity to introduce more natural light. Think about adding bi-fold doors or skylights. This not only brightens the space but can also offer stunning garden views, further enhancing the room’s appeal.
Increased Property Value: While the exact value can vary based on the quality and size of the extension, many properties see an increase in value of up to 15% with a modern, spacious kitchen. For many potential buyers, a well-designed kitchen can be the deciding factor in a purchase.
Energy Efficiency: Modern kitchen extensions often incorporate the latest in energy-efficient appliances and designs. This not only reduces energy bills but also makes the home more environmentally friendly.
Personalisation: A kitchen extension provides the perfect canvas to infuse your personal style. Whether you’re after a sleek contemporary look, a rustic country feel, or anything in between, an extension gives you the freedom to create your dream kitchen.
Cost vs. Return: While there’s an initial outlay for a kitchen extension, the potential return on investment, both in terms of property value and improved quality of life, often justifies the expense.
We believe so, and here’s why. Side return extensions, which cleverly repurpose the frequently overlooked space flanking a property, have become a sought-after home improvement solution. Here’s a deeper look into the value they bring:
Maximising Space: Especially in terraced or semi-detached homes where space can be limited, side return extensions offer a smart way to expand. Instead of moving outwards into the garden or upwards into the loft, you’re making use of existing, often wasted, space.
Modern Open-Plan Living: One of the most popular uses for a side return extension is to create an open-plan kitchen or living area. This contemporary design approach not only offers a spacious feel but also provides a seamless flow between indoor and outdoor spaces, perfect for entertaining or family living.
Natural Light: With the right design, side return extensions can flood your home with natural light. Incorporating features like skylights or large sliding doors can transform a previously dark and cramped space into a bright and airy haven.
Property Value Boost: While the exact value increase can vary based on factors like location and the quality of the extension, many homeowners see a boost in their property’s value by 10-15% after adding a side return extension. This can translate to a significant monetary gain when it’s time to sell.
Customisation: The beauty of a side return extension is the flexibility it offers. Whether you dream of a state-of-the-art kitchen, a cosy dining nook, or a playroom for the kids, this type of extension can be tailored to your specific needs and desires.
Cost-Effective Solution: Compared to other types of extensions or moving to a larger property, a side return extension can be a more cost-effective way to gain additional space. Plus, by staying in your current home, you avoid the hassle and costs associated with moving.
Home extensions are more than just about adding space; they’re about enhancing the quality of life, improving functionality, and boosting property value. As we’ve explored, various extension options offer different benefits, and the right choice will depend on your unique needs, preferences, and budget.
However, one thing remains clear: a well-executed extension can significantly elevate your home’s market value and appeal. Whether it’s a side return extension, a kitchen expansion, or simply adding an extra room, the potential returns, both in terms of financial gains and improved living experience, are substantial.
If you’re based in Glasgow or the surrounding areas, and are contemplating a home extension, Bradshaw Extensions is here to guide you every step of the way. With our expertise, experience, and commitment to quality, we ensure that your extension project is a seamless and rewarding experience.
Ready to transform your home and boost its value? Contact Bradshaw Extensions today and let’s bring your vision to life! Give us a call on 07927275538.