Modern conservatories are extensions that can increase the overall value of a property by up to 7%. Built with modern materials and thermal efficiency in mind, a conservatory extension is a fully functional room that can be enjoyed all year round. With many different functions and features being available – it’s never been a better time to consider investing in modern conservatories in Bristol and across the UK. This article covers the benefits and how you can increase the value of a property with a modern extension. We cover:
- Why a conservatory extension can increase a property’s value by up to 7% and guidance on speaking to estate agents to determine a realistic final valuation for the property after the conservatory is installed.
- How it’s unrealistic for many property owners to buy a new house when they need more living space in their current property. Modern conservatory extensions are a great way to increase the total living space available in a property without having to upscale. There are many fees associated with buying a new property which makes it an unsuitable option. When it’s time to sell your current property, you will increase the overall value with your conservatory extension.
- Older conservatories were built with cheaper materials and were not particularly thermally efficient. This resulted in conservatories that are too hot in the summer and too cold in the winter. Modern conservatories are built with advanced, highly thermally efficient materials and are built to last. This results in an extension that can be enjoyed all year round.
Fully Functional Extensions Increase Property Value By Adding Another Room
Being able to add an additional room to a property without having to upscale the entire property can increase the overall property value – for conservatories, this typically will result in up to a 7% increase. There are many different functions in which you can enjoy your conservatory extension including:
- Entertainment areas or dining rooms.
- An extra living space such as a bedroom.
- A living room.
- An orangery kitchen extension.
- A utility room.
- A home cinema.
- A gym.
- An organised storage space.
With many different functional areas available, it’s even possible to transform a different room in the house into an additional bedroom or even create a conservatory extension that is a guest room or additional bedroom – which can increase the value of the property further. This can also make your home more desirable when it’s time to sell.
For many homeowners, it’s not viable to purchase a new property. Combining the fees of having to move home, the legal fees in terms of conveyancing & marketing their current property and then going through the motions of buying a new one – this just isn’t viable. A modern extension is a much more reasonable and cost-effective solution.
Modern Conservatories Are Built to Last
Modern conservatories are built to last with lifespans of up to 20 years for basic conservatories and up to 50+ years for bespoke designs and expert installations. This is why it’s important to work with a specialist design and build company when considering designing and installing your conservatory extension. The value that you can add to a property is largely down to the conservatory that you install. If you opt for a cheaper conservatory then this will reduce the overall increase in value of the property and may result in a much shorter lifespan than bespoke conservatories.
In order to assess how much your property value could increase – you can get in touch with a local estate agent and ask about a property in your area of a roughly similar size that has installed a modern conservatory. This can give you a ballpark figure of how much you can expect your property value to increase.
Conservatories do require regular maintenance in order to ensure their longevity. Ensure that the correct maintenance is being carried out such as:
- Inspections around the conservatory for trees and large vegetation that could damage the conservatory over time.
- Indicators of pests around the conservatory such as Japanese knotweed (which can damage foundations and walls) and signs that animals are not nesting in the conservatory such as rat droppings or dead animals.
- Include visual inspections when you are carrying out maintenance of your entire home. Ensure that you are regularly checking your conservatory for signs of avoidable wear and tear.
Modern conservatory extensions are a fantastic choice for your property if you are looking to add additional space without having to purchase a completely new property. You can install an extension that you can enjoy all year round and increase the overall value of your home. It’s now a better time than ever to consider installing a bespoke modern conservatory extension.