Friday 6th March, 2015
Building a conservatory or a single-storey extension is widely regarded as one of the best ways to increase the value of a home. Studies have shown a conservatory can pay for itself with a return on investment of over 100% - which means a £10,000 extension could add up to £20,000 to the price of a house. But why is this the case?
Space is one of the most prized commodities around and if you can create an extra room in your house in the form of an extension, that automatically makes it more valuable.
Extra rooms can be created in other ways, for example by converting a loft or a cellar, but the beauty of adding a conservatory is the room gets lots of outside light and is a really pleasant place to spend time.
It is important to make sure the conservatory or extension matches the style of the rest of the house, otherwise there is a risk it could feel bolted on and not really a part of the property.
Most rooms only have one main purpose, but the same cannot be said for a conservatory. Lots of people use their conservatory for entertaining, while for others it is an extra sitting room that is perfect for whiling away a summer afternoon. For some people, the conservatory is even their home office, while many families use their conservatory as a children's play area.
The conservatory is the most flexible room in the house - and flexibility means added value.
Having a conservatory suggests a superior type of lifestyle, and that can be reflected in the value of your home. They can be a great place to grow indoor plants, acting as a gateway between your home and your garden, helping to make your house feel like a natural place.
Conservatories and home extensions have been proven to make houses more attractive to buyers, making them quicker to sell and for a higher price.
Conservatories and extensions are also quick, simple and hassle-free home improvement projects compared to loft or basement conversions, making them a cost-effective way to boost the value of a home.