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DIY improvements could boost the value of your home by £50,000


DIY improvements could boost the value of your home by £50,000

As many of us turn our hand to DIY projects under lockdown, new research has shown how some home improvements could add thousands to your home’s value.

Brits have spent an average of £4,035.70 each on DIY projects since last March, according to data gathered by estate agents.

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

Warren McCann, area director at Douglas & Gordon, said: “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.”

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 are estimated to add as much as £7,000 to your property’s value while improving your garden could increase it by £2,000, with sheds, patio/paving and secure fencing being essential features to buyers.

LED lighting that makes rooms look light, bright and inviting can boost value by 1–3% (£7,200 for the average UK home) while a single storey extensions can 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 has the potential to add as much as £5,000 to the value of your home, while good plastering makes a house more durable and can increase its value by around £1,000–£2,500.

If you are serious about renovating your home you might need a skip – in which case, please consider using our fast, friendly and reliable service.