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EXPERT ADVICE

                         Renovating for resale


            Gavin Pearson, Senior Legal Director at Mov8, shares insights into the
                   renovations that help to increase your home’s value.


           elling your home while maximising its value can be a delicate balancing act. You want to make
           changes that enhance your property’s appeal but also enjoy the improvements while living
       Sthere. Fortunately, many home renovations not only increase resale value but also improve
        your day-to-day quality of life. Here’s a breakdown of the top value-adding upgrades to consider.



             Loft Conversions                      Kitchen Remodels                                Energy Efficiency Upgrades           Garden Landscaping
             Potential Value Increase: 15-20%      Potential Value Increase: 5-10%                 Potential Value Increase: 5-15%      Potential Value Increase: Up to 20%

       Transforming an unused attic into a functional   As the heart of the home, the kitchen is a   With rising utility costs and growing interest   Your  garden  is  the  first  thing  buyers  see,
       space – whether as an extra bedroom, office, or   key selling point for buyers. Renovating your   in  sustainability,  energy-efficient  upgrades   and  a  well-maintained  outdoor  space  can
       hobby  room  –  can  significantly  enhance  your   kitchen with modern appliances, updated   are increasingly valuable. Options like double   significantly  boost  kerb  appeal.  Adding
       property’s appeal. Loft conversions increase   cabinetry, or a fresh layout can revitalise your   glazing, better insulation, or a new boiler can   features like a patio, seating area, or improved
       living space without requiring an extension, often   home. Costs range from £5,000 for minor   reduce energy bills and attract eco-conscious   greenery creates a relaxing environment while
       bypassing the need for planning permission.  updates to £30,000 for a full remodel.  buyers.                               increasing resale value.

       While costs range between £20,000 and £50,000   Not only do these changes enhance    While initial costs can be high –  £3,000 for   Beyond aesthetics, a landscaped garden
       depending on complexity, the investment pays   functionality, but they also create a more   double  glazing  or  a  new  boiler  –  long-term   provides  year-round  enjoyment  for  hosting,
       off by adding square footage and improving   enjoyable space for cooking, hosting, or   savings on  bills and potential government   relaxing, or outdoor play. Maintenance is
       usability. For maximum resale  value,  consider   simply relaxing. While the process can be   incentives make these upgrades a smart   required, and local weather might limit
       turning the space into a bedroom. However, any   disruptive and expensive, the return on   choice. They also make your home more   usage, but the visual and lifestyle benefits are
       functional upgrade that aligns with your needs   investment  and  improved  day-to-day  living   comfortable, especially in colder months.  undeniable. For cost-effective upgrades, many
       will likely add value.                make it worthwhile.                                                                  landscaping tasks can be DIY-friendly.



             Adding a Bathroom
             Potential Value Increase: 4-6%                                                     Balancing Lifestyle and Resale Value
                                                                                                When planning renovations, focus on upgrades that enhance your living experience now
       An extra bathroom — particularly an en suite — offers both convenience and increased property   while adding long-term value. Whether it’s a loft conversion, kitchen remodel, or energy-
       value. In larger households, it eliminates the morning queue for showers, while smaller homes   efficient improvements, the benefits of comfort and increased property appeal outweigh
       benefit from the added appeal of luxury and practicality.                                the challenges of cost and disruption.
       Costs vary from £3,000 to £15,000, depending on whether you’re repurposing existing space   Ultimately,  these  upgrades  ensure  your  home  remains  a  valuable  investment  and  a
       or building an extension.  However, additional plumbing  work might be required, and space   space you’ll love living in for years to come. For personalised advice on the potential
       elsewhere in the home may need to be sacrificed. Still, the convenience and resale value make it   value of your renovation plans, don’t hesitate to consult experts.
       a desirable investment.


                                                                                                               For more from Mov8, visit mov8.com or call 0131 253 2982.
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