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Page: How to Increase the Value of Your Home with More Space

Is There More Value In Your Home?

How to create more space in your home

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There are many ways to increase the value of your home, such better utilizing existing spaces and adding new space. (Credit for the picture: Pixabay.com)

This is proving to be one of the most important questions a homeowner can ask. With property values soaring ever higher, space is more of a premium than ever before. It is the single most important aspect of selling a house, and it is a constant source of renovation enquiry. On top of that every family wants to maximise the space available to them. There are playrooms to consider. There are studies, craft rooms and home offices. A kitchen can be made into a stunning centre of family life. There are entertainment suites and games rooms. We all want more space; so how can you make it happen?

Working with the existing framework of the house

Space could be all around us. It might already exist in smaller downstairs rooms that could be opened up. This could extend the amount of floorspace available to you. Large hallways could be made more economical and the space absorbed into a living area for example.

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Remodeling your existing kitchen will usually yield more space and add
more value to your home. (Credit for the picture: Staticflickr.com)

A separate small kitchen, typical in an older property, can be joined to the dining room and opened up. Kitchen remodeling is at the heart of adding value and the wow factor to any home. Making your kitchen space bigger by extending or opening up a joining room is definitely a worthwhile consideration.

Adding more space in home

Understairs areas could be opened up and usefully used as a study alcove. A downstairs cloakroom could be another useful and valuable addition.

A classic way of opening up a house could extend into the roof. Do you, for example have an attic area that could make an extra room? If you can stand in the centre of the roof space, this could well be a possibility. You’ll be amazed to see how much light and space velux windows set into the roof can give you. Probably the best thing you could do is to talk to a designer or contractor about how you can open up space. The basement is another exciting area that can be usefully considered. You might need to have it lined, sealed and ventilated but in terms of the floor space you could gain, that will will not be a big problem.

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Your house attic is often underused space, just waiting to be remodelled and
made more functional. (Credit for the picture: Staticflickr.com)

Extending out

A conservatory or orangery can offer you all the benefits of an extension without some of the big costs and planning requirements. There may well be local laws and restrictions so it will be worthwhile checking. There is very little difference these days between some conservatories and house extensions.

An extension has the benefit of being fully integrated into the house. A kitchen extension can take you out and in terms of the same footprint you could be adding a bedroom with an ensuite above. You will be getting twice the amount of floorspace for a similar amount of disruption. It will also be more economical as you’ll have the contractors already on site completing both levels.

You might lose a small amount of garden but that is nothing in comparison to your gain in terms of real estate value and your investment. Nobody ever wished they had more garden and less house. At least nobody with a family did!

The fact is there is space, and with a little investigation you can find it. Many homeowners today can find the equity within their existing property to build and add further value. But as you will be enjoying the space and making the most of it, the investment side is just a very comforting afterthought.

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