The Most Profitable (and Useful) Home Renovations to Make in 2020
What
‘Love It or List It’ Can Teach Aspiring Renovators
After
watching series 1-4 of the TV show, they uncovered that the average Love It
or List It home renovation costs £54,111.
And
that despite spending a huge investment, over a third (36%) of couples still
end up moving house – proving that picking the right renovations is key.
So
to help, Insulation Express have collated Kirstie Allsopp’s top tips for
aspiring renovators:
Problem | Solution | Notes |
A lack of space | Adding a loft conversion or an extension to the house. Or if you’re on more of a budget, changing the layout of your home i.e. switching the kitchen and the living room. | 64% of ‘participants claimed a ‘lack of space’ was their main reason for wanting to move. |
Not making use of the dining room | Knocking through the wall of the kitchen which connects to the dining room, and transforming it into a large open kitchen and diner space. | The dining room was the least used room of the house, so it’s no surprise that 86% of participants chose to create an open plan kitchen. |
Using the kitchen for numerous purposes | Adding a utility room for washing and ironing, freeing up space in the kitchen. | 32% of ‘Love It or List It’ participants added a utility room. |
Wanting to renovate but having a smaller budget | Consider repainting your home and buying new kitchen doors. | One household added £20,000 to the value of their home by making these small changes. |
The bathroom being too high maintenance | Updating the current bathroom so that it’s more modern, functional and easier to clean. | 64% of properties refurbished their bathroom or added an additional bathroom. |
Interested in the full findings? They also delve into the:
- Top reasons Brits want to move house
- UK’s most-loved and despised rooms
- Average cost of renovating your home
- Number of Brits that choose to renovate rather than move house
- Most profitable house renovations to consider