More Space, More Value: Home Additions that Increase Property Value

Thinking about staying or moving to another home in a few years? Whatever it may be, certain home additions are worthwhile undertakings, especially when they significantly increase the price of your home.

Patios and Carports

Many urban homes in Brisbane have carports, patios or sometimes both. These house extensions effectively expand a house without requiring extensive construction. A patio can increase your home value by 10 to 20 per cent, and a carport is an attractive addition for families with more than one vehicle. If you’re not planning to sell your home, you can still make use of an extended patio. It extends your living area while keeping the sun at bay and keeping your house cooler. The larger space is perfect for gatherings and barbecues, afternoon tea time or evening parties. A carport will protect your vehicle from the sun, maintaining its paint job and allowing you to drive off without suffering from suffocating heat during summer months.

Conservatories and Greenhouses

A garden won’t affect your house’s valuation, but a well-made conservatory or greenhouse would. A conservatory or a separate greenhouse will give your house a more refined look. You can make full use of a greenhouse even if you have no plans to sell your house. Australia is particularly hot, so make sure you choose your crops properly. Vegetables like tomatoes, cabbage, spinach and peppers are popular crop choices. If flowers are more to your liking, geraniums, petunias, chrysanthemums or orchids can be good options. You can even opt for specialty plants like cacti and other succulents or Venus flytraps and other carnivorous plants. Modern greenhouses can be constructed using polycarbonate sheets instead of glass, so you don’t have to worry about damage or accidents – especially if you have kids or pets in the house.

The Usual Backyard Cabin

Granny flats are everywhere in Australia. An extra living structure in your property will certainly raise its price, but you will probably choose to stay if you opt for a backyard cabin. While popularly used to provide a living space for older relatives, granny flats can have multiple uses. It can serve as an office if you work from home or run a business; you can even list it as a coworking space online. Use it as a workshop for wood-crafting or hobby space for the whole family. Keeping the mess outside of the house can make your family a lot happier and saner. If you don’t want to make a lot of changes, just rent it out as an Airbnb accommodation or perhaps a short-term lease. A backyard cabin is easy to maintain, and contractors can easily reconfigure it if your elderly parents finally decide to move in.

House additions cost money, but they make your house more spacious and comfortable or give it more character. The right additions pay for themselves by either raising your quality of life or raising your house’s valuation if you plan on selling in the future. So choose a project that best suits your needs.

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