How to Add Value to Your Home (and What Not to Do)
A well-constructed garden room that can be used as an office, gym or additional living room is a good way to add floor space to your home without the need for planning permission – provided it stays within certain limits (i.e. it is less than 2.5m in height, does not occupy more than 50% of the land around the house and is not closer to a road than the house itself. Properties located in conservation areas and listed buildings will be subject to additional restrictions).
Expect to pay around £15,000 for a good quality garden set, which should then add 1.5 times its cost to the value of your home.
Similarly, converting a garage into living space can add 10-15% in value, according to David Westgate of property consultancy Andrews – food for thought for garage owners, 70% of whom wouldn’t use theirs to shelter a car.
Westgate also points out that it’s another great way to add usable living space “without having to spend time and money laying foundations, building walls and a roof.” Converting a garage as part of the house should fall under permitted development and could cost as little as £7,500 according to Checkatrade. If the garage is separate from the house, planning permission for a change of use may be required.
Make some adjustments
Decorating your home is the cheapest way to make a meaningful change, but can a coat of paint really add value? Stipendium research suggests that a complete redecoration, with an average cost of just under £3,000, could add 3.1% to the value of your home.
However, the style you choose can affect this: a modern, neutral palette is the safer choice than patterned wallpaper or decorative paint.
Similarly, garden landscaping could improve the aesthetic appeal of an outdoor space, but is unlikely to add much value: the same search saw an average spend of £3,750 resulting in a return of £125.
Calling all Self-Builders, Renovators, Remodelers, Transformers and Extenders
The Daily Telegraph Homebuilding & Renovating Awards 2022 are open and we want to hear all about your completed projects and the challenges you overcame. This is your chance to show off your hard work.
Our awards program has been championing Britain’s most inspiring home projects for nearly 30 years and encouraging others on their own building journeys.
With over 10 categories, the awards celebrate the effort and dedication of owners to celebrate the hard work and ambition required to bring such a project to fruition.
Along with looking for a great home design, we want to hear about all the defining moments and the wonderful design and construction team behind every unique home.
Homes of all shapes and sizes are welcome – from small self builds to large barn conversions – and we include finished homes to a range of budgets, styles and designs.
One of the shortlisted projects will be chosen as our 2022 Home of the Year and owners will win £1,000 John Lewis vouchers.
Rewards only take a few minutes to enter and are free to enter.
We look forward to seeing your photos and hearing all about your projects. Good luck!
How to enter your project
To enter online, complete the entry form at www.homebuilding.co.uk/news/awards
- If by post, send the form to Future PLC, Quay House, The Ambury, Bath BA1 1UA.
- The deadline to participate in the prizes is June 3, 2022.
- The project must be completed (or at least nearly completed) to qualify for the competition and applications (both online and by mail) will need to be accompanied by:
- Floor plans (“before” and “after” if applicable)
- At least two “before” photographs if applicable
- 10 interior images (living room, kitchen, etc.)
- At least one photo of the exterior.
- Shortlisted projects can be visited in person by our jury and will be featured both in the newspaper and online, so you should be prepared to have yourself and your home photographed.
- Some winners will also be featured in The Daily Telegraph.