If you live or own rental properties in Beckenham, you’ll know it’s an appealing place with a buoyant property market, where homes are in constant demand. This is the main reason why homeowners and property investors are always bringing in Jigsaw’s experienced builders, to make strategic home improvements as a means of enhancing both aesthetic appeal and overall property value. From a new driveway to property extensions, home renovations, property refurbishments, loft conversions, groundworks, and office fit outs, these investments are proving to be lucrative endeavours for those looking to make the most of their real estate assets. Below, we take a look at each of these improvements and statistics which will prove fairly illuminating!
New Driveways: Boosting Curb Appeal & Accessibility
A well-designed and professionally constructed new driveway can significantly enhance a Beckenham property's curb appeal and accessibility, thus making it more attractive to potential buyers. According to a report by the National Association of Realtors, investing in a new driveway can yield a return on investment (ROI) of up to 75%, with an immediate increase in property value.
Property Extensions: Expanding Living Spaces and Functionality
Property extensions are an effective way to add both square footage and functionality to a Beckenham home. Research from the Royal Institution of Chartered Surveyors (RICS) indicates that a well-executed extension – e.g one carried out by experienced builders, like those here at Jigsaw – can offer an ROI of 20% or more, making it a financially sound investment in the long run.
Home Renovations and Property Refurbishments: Modernising for Maximum Returns
Tasking our builders with upgrading and modernising key areas of a Beckenham property through a home renovation or property refurbishments can significantly increase its market value. A study by Remodeling Magazine found that certain renovations, such as kitchen and bathroom remodels, can deliver an ROI of over 70%, ensuring a substantial return on the initial investment.
Loft Conversions: Transforming Unused Spaces into Assets
Converting an underutilized attic space into a functional living area can greatly enhance a Beckenham property's value. Research from the HomeOwners Alliance indicates that loft conversions can provide an ROI of up to 20%, depending on the scope and quality of the conversion; just another reason to take the time to choose the right builders for the job.
Groundworks: Strengthening Foundations for Long-Term Value
Investing in professional groundworks not only ensures the stability and safety of a property but also lays the groundwork for future improvements, which may factor into the long-term plans of many Beckenham homeowners. While the immediate ROI may not be as apparent, the long-term benefits in terms of property value and structural integrity are undeniable.
Office Fit Outs: Creating Productive Spaces for Commercial Properties
For commercial properties around Beckenham, intelligently delivered office fit outs can attract high-quality tenants and maximise rental income. The British Council for Offices reports that a thoughtfully designed office space can increase productivity and employee satisfaction, indirectly contributing to the overall value of the property.