With house prices remaining well below the dizzying heights of the pandemic, many Britons are looking for ways to add value to their homes.
The latest house price index from Nationwide showed that house prices have increased by 1.5 percent in June compared to last year, however, they remain three percent below the record highs recorded in 2022.
Transactions are also down by a massive 15 percent when compared with 2019.
With this in mind, sellers need to get creative when it comes to making their property more attractive to prospective buyers.
According to an award-winning estate agent, sellers could boost their home's value by as much as £15,000 by adding an insulated conservatory.
Estate agent Ellie Foster claimed the glass-walled extensions are an attractive feature for buyers as they add space and can be used for a multitude of different purposes - from home offices to workout spaces, dining rooms to lounge areas.
Based in Cheshire, Ellie claimed an insulated conservatory made from bricks can add up to £15,000 to a home's value while a PVC version can add £10,000.
Ellie told CI Group: “A conservatory typically adds about 130 sqft to a property, making it an attractive feature for potential buyers.
“An unused conservatory is worth nothing but one that’s utilised to create the additional room you've always wanted can add up to £15,000 to your home due to the extra space and versatility.
“Estate agents can suggest a variety of uses for a conservatory, tailored to different buyers' needs — whether it be a playroom for young families, an extra entertaining space for young buyers, or a relaxing room for those who enjoy their garden."
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However, she warned that homeowners must ensure their conservatories are insulated to avoid uncomfortably cold temperatures in winter and hot temperatures in summer.
Ellie also said the quality and condition of the conservatory significantly impact its perception as an attractive feature.
She added: "If a conservatory is in good condition and doesn't significantly reduce the garden space, it’s definitely seen as a positive by buyers.”
Poorly maintained wooden framed conservatories, in particular, could put off buyers.
While a modern conservatory may not be the top priority, it is becoming more fashionable - especially those with solid roofs and temperature control.
Ellie added: “From a newbuild perspective, we get asked more about conservatories than we did three or four years ago.
“Downsizers, in particular, are showing increased interest, seeking the benefits of additional ground floor space without compromising on overall living area.”
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