MenuSearch

Increase Your Home's Value By Developing Your Basement…

December 3rd 2014
By: Melanie

House prices have continued to increase over the past couple of years in the South of England, especially those within a one hours train commute to London. So adding value to a property has never been more interesting to home owners, and one of these options is by digging down into a basement space.

If you are looking to add value to your property by adding a basement then the first thing to work out is how much your house is worth per square foot. This will enable you to work out how much value you will be potentially adding. Most basement extensions are quite involved, as they will alter the structural loading of your property, so you need to work on the costing being around £300 per square foot. If your property is in an expensive area and the value is over £300 per square foot you would be instantly add value to your home, as well as adding extra living space for you and your family.

Basement spaces if designed carefully can also feel very light and airy, so considering adding a bedroom, bathroom, kitchen, lounge can be a very viable option, freeing up vital space in the rest of your home.

If you are considering developing your home by adding a basement extension, then why not get in touch with your local branch of Intercounty, and one of our experienced local agents will be able to give you a reliable gauge on how much the square foot of your home is worth.