Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Liverpool Echo
Liverpool Echo
World
Sophie McCoid

Seven easy ways to add £50,000 to value of your home

In lockdown many of us have turned our hand to DIY projects and some home improvements could add thousands to your home's value.

According to recent research gathered by Estate Agents Douglas & Gordon, since last March Brits have spent an average of £4,035.70 each on DIY projects.

The trend has continued into 2021 as we remain in lockdown and research suggests those who get their DIY home renovations right can enjoy as much as a £50,000 increase in their property value.

Warren McCann, area director at Douglas & Gordon said: "2020 and 2021 has seen us spending more time at home than ever before. As a result, more people have tried their hand at DIY to improve their homes and make them more comfortable.

"We applaud anyone who takes the time to improve their living space; however it's important to note that DIY isn't as simple as it seems, and that if you'd like to add genuine value to your home, it's worth consulting with an expert.

"If you are renovating to sell your home, we recommend finding out the value of your home before you undertake any serious renovations, so you can focus your time and energy on the areas that can add the most value."

Here's the seven projects you can undertake that will add the most value to your home right now.

A home office - estimated to add up to £20,000 to value

Many people have been forced to work from home, with many people now wanting a comfortable, practical office space in their home to work from, whether that's a corner unit or an entire office extension.

And the investment is worth it. A home office extension could boost your property price by an average of 8.4% (around £20,000 for the average UK home). This number may only increase with more people working from home permanently.

Plumbing repairs - estimated to add £7,000 to value

From clogged drains to installing a whole new toilet, there are plenty of plumbing repairs and installations that can be done yourself, potentially saving hundreds in repairman costs.

Simple tweaks like new taps and showerheads can add as much as £7,000 to your property's value.

Improving your garden - estimated to add £2,000 to value

Gardening has been more popular than ever during lockdown with people craving their own outside space.

People are even planning to use their gardens in the chillier winter months, with searches for outdoor heating up 300%.

And while gardens are notorious for ongoing work and maintenance, the payoff can be worth it.

A well-kept garden can add as much as £2,000 to your property's value, with sheds, patio/paving and secure fencing being essential features to buyers.

Keep up to date with local news in your area by adding your postcode below

Lighting - estimated to add up to £7,200

LEDs, overhead lighting, up-lighters, table lamps and pendants are easy and simple ways to highlight features, soften the mood and create a warm, homely atmosphere.

Plus, making rooms look light, bright and inviting is essential to appealing to buyers and getting the best value possible for your property.

LED lighting can boost value by 1–3% (£7,200 for the average UK home).

An extension - estimated to add up to £20,000 to value

Adding an extension to a property is a hefty task, but there's no better time to do so.

Single storey extensions add around 4–7% to a property's value, with double-storey extensions adding as much as 11% — about £26,000 for the average UK home.

Decking - estimated to add up to £5,000 to value

Decking has the potential to add as much as £5,000 to the value of your home.

It's essential to pay attention to these details, as buyers definitely will.

Plastering - estimated to add £2,500 to value

When done well, good plastering makes a house more durable and reduces how much maintenance must be done.

Good plastering can increase the value of a home by around £1,000–£2,500.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.