In today’s real estate market, many homeowners are looking for ways to add value to their properties. One popular way to achieve this is through wrap-around extensions. Below, we will discuss the role of wrap-around extensions in adding value to properties and the benefits they offer for your family now and in the future.
What are Wrap-Around Extensions?
A wrap-around extension is a type of extension that runs around the side and rear of a property, often wrapping around the corner. It typically involves extending the ground floor of a property to create additional living space, such as a kitchen, dining area, or lounge. Wrap-around extensions are a popular choice because they offer more space and create a seamless flow between the indoor and outdoor areas of a property.
Adding Value to Properties
One of the primary benefits of a wrap-around extension is that it can significantly increase the value of a property. By adding extra living space, the property becomes more desirable to buyers and can command a higher price in the real estate market. In fact, according to recent research, adding a wrap-around extension can increase the value of a property by up to 20%.
Increased Living Space
Another benefit of a wrap-around extension is the increased living space it provides. Many homeowners opt for this type of extension because it offers the opportunity to create a larger kitchen, dining area, or living room. This can be especially beneficial for families who need more space to accommodate growing children or for those who love to entertain guests.
Improved Flow and Functionality
A wrap-around extension can also improve the flow and functionality of a property. By extending the ground floor and creating an open-plan layout, homeowners can create a seamless transition between indoor and outdoor living spaces. This can be especially beneficial for those who enjoy alfresco dining or entertaining guests.
Enhanced Natural Light
Natural light is an important aspect of any home, and a wrap-around extension can help to enhance it. By extending the property’s ground floor and incorporating large windows or skylights, homeowners can create a brighter and more welcoming living space. This can also help to reduce energy costs by relying less on artificial lighting during the day.
Increased Curb Appeal
Finally, a wrap-around extension can significantly increase the curb appeal of a property. By extending the ground floor, homeowners can create a more modern and visually appealing exterior. This can help to attract potential buyers and improve the overall value of the property.
A wrap-around extension can be an excellent way to add value to a property. By increasing living space, improving flow and functionality, enhancing natural light, and boosting curb appeal, this type of extension can help to create a more desirable and valuable property. Whether you are looking to sell your property or simply improve your living space, a wrap-around extension may be the perfect solution. If you are considering a wrap-around extension, be sure to consult with a reputable builder or architect who can help you create a design that meets your needs and budget.