boydens.co.uk 13 News Extensions top list of value boosting property improvements Extensions, loft conversions, new kitchens or bathrooms, real wood flooring, and having a designated work from home (WFH) space have been revealed among the value-adding property features to invest in right now, according to new research. A recent study, conducted by Flooring Superstore (flooringsuperstore.com), analysed live Rightmove listings and collaborated with property experts to unveil which home improvements have the potential to add the most value to a property. According to the industry experts, homeowners should look to invest in improvements that add to overall footprint of property such as creating extensions or home improvements that modernise, improve the general condition of a home, or add interest – such as creating a dedicated work from home space, installing underfloor heating, or restoring original features. Creating a loft conversion or extension was the most likely improvement that significantly adds value. A well-maintained garden, new bathroom, new kitchen, and driveway made up the top five places, all with the potential to add significant value. New windows and doors, restoring original features, open plan living, having a designated WFH space, and underfloor heating made it into the top 10. The average potential percentage increase per home improvement revealed the following: Rank Home Improvement Potential Impact 0n Property Value Estimated Percentage Increase 1 Loft conversions / extension Significantly adds value +17.5% 2 Well-maintained garden Significantly adds value +12.5% =3 New bathroom Significantly adds value +10% =3 New kitchen Significantly adds value +10% =3 Driveways Significantly adds value +10% 6 New windows and doors Adds value +8.8% =7 Restoring original features Adds value +7.5% =7 Open plan living Adds value +7.5% 9 Designated WFH space Adds value +7.25% 10 Underfloor heating Adds value +5% 11 Real wood floors Adds value +4.5% =12 Artificial grass in garden Adds value +3.5% =12 Balcony Adds value +3.5% =12 Real grass in garden Adds value +3.5% =15 Approved planning permission Adds value +2.5% =15 Smart home wiring Adds value +2.5% 17 Bath in bathroom (not just shower) Adds value +2% =18 Working fireplace Neither adds nor damages 0% =18 Outstanding planning permission Neither adds nor damages / Potentially damage value 0% =18 Solar panels Neither adds nor damages / Potentially damage value 0%
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