Sunday, November 24, 2024

Popular home improvement project could reduce buyer interest warns expert

Must read

Homeowners considering a garage conversion to boost the value of their home may want to think twice, as experts warn such modifications could reduce buyer interest.

Property expert Nick Disney, of Sell My San Antonio House, told Home and Gardens that poor garage conversions can put buyers off.


A Consumer Insights Survey by Zoopla, found in 2022 that gardens and garages were a key requirement for buyers in the UK.

The majority of house hunters prefer functional garages, however, making converted spaces less appealing in the property market.

Garage conversions are popular home improvement projects

GETTY

Nick said: “Most DIY garage conversions are not done particularly well.

“They do not heat and cool as well, they often make the layout of the home slightly awkward, and they remove the largest storage space in the home.”

Unless you’re a highly skilled DIY-er, the expert suggests using your garage as it is and simply decluttering it to make it more appealing and functional.

Property experts at Zoopla said: “Most garage conversions can be done under permitted development rights.

“As garage conversions are all about making use of the space you already have (as opposed to building new rooms) you’re unlikely to need full planning permission.”

Some building regulations may require that homeowners seek approval, however.

“Building regulations mean that if you’re converting the space, or part of it, into an inhabited area, you’ll need building regs approval from your local authority.

“If your garage is detached and you want to convert it into a bedroom or small annexe, full planning permission will be required.

“And if your garage was built after your house, you’ll need to check with your local authority that it hasn’t already used up your home’s permitted development allocation.”

Generally, the materials used in the conversion need to be similar to those in the existing house.

LATEST DEVELOPMENTS

sale signs outside homesHome buyers are best advised to consider hidden costs before putting in an offer PA

It comes as recent statistics have highlighted the simple upgrades that could help homeowners optimise their house sales.

The statistics from Confused.com reveal that around a third of UK homeowners plan major renovations in 2024, with nine per cent aiming to increase resale value.

The upgrades that could hike your home’s value are installing log burners, enhancing gardens, adding double glazing and converting unused spaces.

Garden upgrades can significantly boost property value, with well-maintained outdoor spaces adding up to 20 per cent to a home’s worth.

Latest article