Do eccentric home improvements add value?

14 November 2014

With the rising popularity of more unusual home improvements or small space projects, advocated in shows such as George Clarke's Amazing Spaces, home owners are becoming increasingly more inventive with DIY projects, making the most of the space they have available.

 

Whilst it’s not all about money, it’s nice to have a guide to how much people’s labours of love may have contributed to the overall value of their property compared to more traditional home improvements.

 

Move with Us recently surveyed the independent estate agents in their partner network to provide guidance on how much traditional and unusual home improvements will add to the typical property.

 

 Traditional home improvements

Home improvement

Value added %

Solar panels

1%

Extra bathroom

5%

Extra parking space

5%

Conservatory

5%

New kitchen

5%

Swimming pool

5%

En-suite

5%

Extra bedroom

10%

Parking space

10%

Loft conversion

10%


Unusual home improvements

Home improvement

Value added %

Man cave

1%

Tree house

1%

Sauna

1%

Hot tub

1%

Garden folly

1%

Cobb outhouse

1%

Outhouse office

5%

Cinema room

5%

Adding a garden where there wasn’t one before e.g. roof garden

10%

 

Simon King, Director at Move with Us commented: “More unusual home improvements are increasing in popularity. Home owners are ingeniously creating new spaces within the boundaries of their existing homes where they can live out their dreams. These include garden offices so they can work from home, workshops where they can carry out their passions, their own personal pubs and all sorts of other extraordinary structures. It’s truly an inspiring trend.”

 

“It’s great to see home owners using skill, imagination and working within planning permission guidelines to create exciting new spaces which have the added bonus of boosting the value of their property.”

 

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