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Which home improvement will add the most value to your home in 2020?

10 January 2020

Many of us like the idea of adding value to our home, whether we’re planning to sell it in the near future or simply want to know we’re maximising our investment while we’re living in it. 

Which home improvement to choose? 

There are lots of home improvement options of course, from uncovering a blocked-up chimney breast and fitting a stove to replacing an old roof or even giving your home a face-life by painting and decorating throughout. But if you want to make the decision of where to invest based on the best use of your hard-earned cash, what will give you best return? 

According to Ideal Home* the home improvement that will deliver you the very best financial return on your investment is converting your garage onto living space. And of course, the obvious benefit is that if you love your home but are short of living space, that garage conversion could be just the answer. 

How will you use that extra space? 

A garage can be relatively easily transformed into a bedroom with an en-suite bathroom, for example. Alternatively, if its living space youre short of, your garage can easily become a lounge or even a great kids playroom – no more climbing over a small mountain of toys just to reach the sofa!  

Many home-based workers are turning their under-used garage into a great home-office, and since many garages tend not to be used for storing a car but are, instead, usually packed with junk, gardening tools and sporting equipment this can be a great solution.  

A budget-friendly solution 

Converting a garage is far more budget-friendly than adding a new extension or converting the loft and will also give access at the ground floor, an important consideration to make it really useable additional space.  

Of course, if you’re looking for your next property and want to add real value easily, looking for a house with a garage that would easily convert into extra living space could also be a great idea.  

Choose the right supplier 

Whatever your plans are for your garage conversion, if you choose a reputable home improvement company to do the work, there will be minimal disruption to your home while your garage is being converted, so there’s no need to incur the cost and disruption of having to move out for a couple of weeks, as may be the case with other home improvement projects. 

What value will your garage conversion add to your home? 

If you want to know the numbers, in many cases property experts estimate that a well-finished garage conversion will add between 10% and 15% to your property’s value. And that’s why it tops the list of home improvement investments. 

If you’re thinking about converting your garage to give you great, affordable extra space, give us a call and speak to one of our experts about your options today. 

Ideal Home 2019* 

 

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Warmseal Newcastle Limited is an Appointed Representative of Improveasy Ltd., a company registered in England and Wales (Co. Reg. number 7807352). Registered Office: Manchester Business Park, 3000 Aviator Way, Manchester M22 5TG. The firm is authorised and regulated by the Financial Conduct Authority (FRN 708623). The firm is authorised as a Broker, not a Lender and offers credit facilities from a panel of lenders. The credit is subject to application and status. To view our finance options click here.

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