What Types Of Renovations Add The Most Value To Your Home?

There are many ways in which you can add value to your home, the most effective of which is to renovate or extend your house. By adding a ground floor or second storey extension or renovating your existing home to add extra space, you’re also adding much more appeal to your property for potential buyers.

What are the best types of renovations that will add the most value? Consider these tips:

  • Extending Up with a Double Storey Extension

Retain your back yard and build a second storey extension. You can add a couple of extra bedrooms for the kids along with a break out area and another bathroom. Or you might consider having the master bedroom upstairs with parent’s retreat and study. A second storey extension may cost slightly more than a ground floor extension but there are definite advantages.

  • Extending Out

Sometimes site constraints will have a say in the type of extension you can build, if you have sufficient land a ground floor extension can offer great value and will usually cost slightly less than a second storey extension.

  • Multiple Projects

Any works over the value of $16,000 must be subject to a contract and the relevant insurance must be in place. A building surveyor also needs to be engaged. If you are thinking of doing works in addition to a ground floor extension or second storey extension, it may be a good idea to get other works done at the same time in order to avoid having to repeat paying for some of these up-front costs. Consider the following projects:

 

Bathroom

If you need to cater to extra family members or you’d like to create space for a roommate, then adding another bathroom is definitely a necessity. Perhaps it’s an en suite attached to a new bedroom, or a combined bathroom and laundry. Alternatively, you might just want to renovate your current bathroom to ensure its modern, has the latest materials and features and will last you for years.

Wet areas need to be properly waterproofed and older houses may not have this added protection. While your builder has trades on site it may be worth considering updating your bathroom.

Kitchen

Has your kitchen been untouched for years – maybe even decades? If your pantry is falling apart and your bench is barely holding up, then you could consider adding a kitchen renovation to your overall project. Whether it’s creating more space to build in an island bench, or maybe just a full upgrade to your entire kitchen, you won’t regret making the decision to renovate your kitchen.

These are just some of the ideas that could boost your property value significantly, and which can be done all in the one project to save on time and costs in the long run.

The best solution for your home will begin with an assessment of the existing site conditions and planning constraints. Your Supa Group Design Consultant can walk you through these considerations so you get the best possible outcome.

If you need professional renovation assistance and are looking for a credible home extension builder in Melbourne, get in touch with us today and we will help create your dream home