Want to make a splash? Here’s some of the home improvements that could pay off in the long run. Just don’t mention a swimming pool..
. The sun may not be shining much at the moment but the summer is traditionally the warmer season. And what better way to make the most of it than to fire up your Big Green Egg on the patio, or admire those flowerbeds that you’ve lovingly nurtured? From terraces and bi-fold doors, to landscaped gardens and conservatories, eXp UK has analysed 10 home improvement projects to suss out how much value they could add to a property.
As Adam Day, head of eXp UK, puts it: ‘When it comes to adding value to your home, it’s always important to consider the cost of implementing a project, the value it’s perceived to add, and if it’s worth undertaking once you’ve balanced the two against each other.’ So, for the big reveal. The addition that could boost your property value the most is.
..a balcony or terrace.
Building one of these could add 5% to the value of your home. Based on the typical UK house price, that’s a £14,069 uplift. Once you’ve knocked circa £5k off for the cost of the work, the added value stands at £9,069, according to eXp UK.
In hot pursuit are bifold doors. Installing this gleaming glass could also add 5% to your house price. With the estimated cost of installation coming in at £5,200, the actual added value is £8,869.
Creating a landscaped garden, and building a patio or decking are not far behind. Once the cost of.
