A well-designed extension can significantly increase the value of your home, provided it meets market demands and is built to a high standard. Adding extra bedrooms, additional living space, or a modern open-plan kitchen can make your home more functional and appealing to potential buyers. In particular, adding a second storey or expanding the kitchen and living areas can offer a great return on investment.
However, the amount of value an extension adds depends on factors such as location, quality of workmanship, and how well the extension integrates with the existing structure. If an extension is poorly designed, doesn’t match the rest of the house, or overcapitalizes on the area (i.e., costs more than the increase in property value), it may not yield the financial returns expected. To maximize value, work with an experienced builder and ensure the extension is practical, energy-efficient, and aligns with current market trends.