Stevens and Co

"Should I extend my property "

When looking at making structural changes to add value to your property, it's important to have a good idea of what it's already worth and what the maximum value is.
Ultimately, the number of rooms will influence the value of a house. However, knocking down walls may not be a good move if double doors will do the trick.

If you're feeling more adventurous...

Rising property prices and the premium being placed on space, make extensions a wise investment. However, extending a property is a major project and shouldn't be undertaken lightly:

  • Call in professionals to get the job done properly as there are important planning restrictions and regulations, which need to be followed.
  • Ask friends to recommend reputable builders and an architect. If an extension is botched, it could end up devaluing a property rather than adding value.
  • An extension should match the architectural style of the existing house. Extra bathrooms and large kitchens are usually good investments in family-sized homes and a garage in a busy, urban area will also add value.
  • The room that usually benefits the most from enlarging is the kitchen. Adding a kitchen/diner creates the farmhouse kitchen most people want and gives extra space. The old dining room can become an office, playroom, or somewhere to set out a model railway. Better still, build above the kitchen extension to add an extra bedroom at the same time.
  • Victorian or 1930s houses are ideal for loft conversions because of their high roof pitches. Prices will vary depending on how many bedrooms are added and whether an en-suite is required. A loft room will require less planning and building requirements than a bedroom. Do the research and speak to chartered surveyors and architects.
  • If there isn't a reason to expand, consider applying for a further advance on your mortgage and give the house a dream makeover. A new kitchen, bathroom and carpets will revive the passion in the property and increase its value at the same time.