How to Add Value to Your Home with a Conservatory
Posted on November 30, 2015
For a long time, the conservatory build has been a go to investment for homeowners looking to add value to their property. In many ways, it has become a sign of wealth and success. It is a status symbol, an indication that this is the place to settle – the right home to enhance, improve, and adorn. For many property owners, conservatories represent something solid and tangible which will be passed onto children and grandchildren in the years to come.
Yet, we all know the expense of a conservatory can be daunting (even the most basic structures will set you back around 5k), so how can you make sure that yours turns into a worthwhile investment? Well, you can start by looking at the statistics and, fortunately, they are rather pleasing. According to recent studies, high quality conservatories can add anything from 50-133% of value to a property.
To put it in more practical terms, if you were to spend 16k on a well-designed conservatory, you could be looking at a potential 22k increase in the resale value. Of course, the amount of value that you do stand to make will depend on how much your conservatory cost to build, but the figures suggest that, if done correctly, the expense can always be recouped.
Know Your Location
If you want to make sure that a conservatory is the right move, try to get familiar with your area – do some research on property prices and find out how healthy the market is. For example, in Ipswich, house prices have been steadily rising due to a shortage of properties. In most Ipswich neighbourhoods, homes with conservatories tend to attract a lot of interest from buyers and even if you are not planning to sell, this is good news for your investment.
Always Opt for Quality
With modern conservatories, there is so much scope and variety. You can build an extension in any style or design that you like and use it in as many different ways as you can imagine. This huge degree of variation means that quality can sometimes be difficult to define – what one person thinks is beautiful, another might dislike intensely. It is very important to remember that, no matter what kind of personal stamp you put on your build, it will always (yes, always) be better to opt for quality materials, resources, contractors, designers, and advice. It is possible to build a conservatory on a budget, but where possible, invest in the very best.
Follow Expert Advice
If you want to invest in a conservatory build, in Ipswich or anywhere else, try to resist the temptation to be too different. If you do not have any structural or design based knowledge, follow the advice of experts and stick to plans and blueprints which cannot go wrong. So, for instance, property experts have long recommended that conservatories be south facing builds. This is so they draw in a lot of natural sunlight – the flipside is that south facing conservatories can get very hot in the summer, but this can be countered with blinds and air conditioning.
Make the Space Your Own
You would be surprised at the number of homeowners who invest their money in a conservatory build and then struggle to know what to do with it once it is finished. You need to remember that the structure is an extension and should be used as such – it is a way to add extra space to your property. You should be willing to make a conservatory feel like a part of your home, whether this means decorating it in a similar fashion, picking out a special use for it, or adding additional accessories to make it feel warm and cosy (heaters, blinds, chairs, etc.)