Getting a house extension in London is one of the easiest ways to make more of what you have. While London properties may be valuable, they often lean toward the smaller side, so getting an extension is usually far more affordable than buying a larger house.
But how can you know exactly how much value you’re adding to your home? And what can you do to ensure that you’re making a good investment in your future?
Making The Most of a London Property
If you want to make improvements that will impact the value of your home, then it helps to think of your house as an experience.
You experience your house every day. Some experiences will be positive, like sitting out on the patio with a glass of wine, while others will be less so, like waiting for someone else to finish using the toilet.
Put simply, if you’re making a change to your property, then your aim should always be to fix the bad experiences without impacting the good ones. In this case, you’d want to build a new bathroom but make sure that it doesn’t block the light to your patio. That’s just one example, but the principle applies to any home improvement, big or small.
Understanding The Local Property Market
Any home improvement is an investment and an expensive one at that. So, it’s important to get the best value for your money and to do so, you’ll need a good understanding of your local property market.
While building a house extension in London is (almost) always a great way to maximise the value of your land, it’s still important to think about potential buyers/renters down the line. It’s all about local demand.
If you’re living in the suburbs then you’ll want to tailor your extension to the needs of families. If you’re living in a newly developed area then you may want to think about younger homeowners. The former may wish to prioritise more bedrooms while the latter may be more impressed by that en-suite bathroom.
Building The Home That’s Right For You
Of course, while we’ve talked a lot about maximising your property’s value in the eyes of others, that doesn’t change the fact that your needs should always come first. When you get right down to it, if you’re caught in a trade-off between the long-term value of your house and the home you really want to live in, the home should win out every time.
Ready to build the perfect London house extension? Contact Shield Contractors today by calling 07789 320005 or emailing us at info@shieldcontractors.co.uk to learn more.