Improving your home

With the property market in it's current state, moving might not be a viable option, so make the most of your existing home, maximise space and increase it's potential with this advice from expert renovator Michael Holmes.

ABOVE: This new kitchen extension links seamlessly with the garden, with folding sliding doors from I-D Systems on two walls and flush-level flooring. Find out more…

With the property market in it’s current state, moving might not be a viable option, so make the most of your existing home, maximise space and increase it’s potential with this advice from expert renovator Michael Holmes.

Adding space remains one of the best ways to add value to your home, so it’s worth exploring whether you should remodel, convert or extend.

Many estate agents value property based on an average price per m² for each postcode area – so in theory at least, the more space you add, the more valuable your property.

There are limits, however. Adding space follows the law of diminishing returns and it is therefore important to be aware of the maximum price achieved locally for properties similar to yours. To assess the potential in your home, talk to an architectural designer or approach a specialist company who will establish exactly what can be achieved and whether or not you will require planning permission. They will also be able to advise on average costs for each type of project. You can then compare likely costs to the potential added value and decide which options are the most viable for you.