Illustration of Coventry

Boost your home’s value 

June 2025

3 minute read

Illustration of Coventry

Boost your home’s value 

July 2025

3 minute read

Value boosting home improvements 

As moving costs rise, more of us are making the decision to stay put. We’re picking up our paintbrushes and setting savings aside to make dream changes to our homes.

 

Sound familiar? Well, we’ve got a little insight into some of the most popular improvements homeowners are thinking about today. We’ve also broken down how much some of these upgrades could add, too! 

Adding a new extension or conversion

Dreaming of a new bedroom suite? Or do you want to build more living space to entertain friends? Or create a playroom for the kids?

 

According to Checkatrade, adding extra space to your home could boost its value by up to 20%.1 So, it’s no surprise that this is still tops the improvement list for most. More space, more dinner parties, more sunny days at home.

Make your home a little greener

Eco-friendly homes are becoming more popular. And while some changes cost more at the start, they can lower energy bills over time. Think solar panels, heat pumps and better insulation…

 

And these upgrades won’t just add kerb appeal. Solar panels alone could add £2,700 to your home's value.2

Give your kitchen and bathroom a makeover 

To give these spaces some TLC, you don’t have to spend a huge amount! Small changes can make a big difference. You could paint existing tiles, lay new floors or change fixtures. Just a few tweaks could make these spaces more enjoyable and relaxing.

 

Also, did you know, a new kitchen could increase your home’s value by 10%? And a bathroom renovation might add up to 4-5% to its original value?3

Let your garden grow

Your garden is a valuable extension of your home. A new patio or a full garden redesign could give you extra space to make use of – when the sun shines!

 

And with more people working from home, adding a garden office space has also become a big trend. Research shows that small garden offices can add around five to 10 percent to the value of your home.4

Smart home technology                                                      

Imagine controlling your lights, heating or cameras from your phone. It’s a great perk! But home tech has another benefit too. Automation. This means you can set lights to come on when you want or your heating to come on at the right time for you…

 

Plus, if you do decide to move in the future, smart upgrades could increase your home’s value and appeal to tech-savvy buyers!

Planning your home improvement                                     

According to Zoopla, major home improvements can cost anywhere between £5,000 and £50,000.5

 

Here’s four things to remember:

  • Dream big, but don’t be afraid to start small – Break down your list of to-dos into smaller projects. And remember, a fresh coat of paint or new lights can go a long way!
  • Do you research – If you’re doing a bigger project, don’t just go for the first price or supplier you find. Shop around for the best deal. It might be a good idea to look into materials and timelines too, so you know what to expect. The more you know, the fewer surprises along the way!
  • Set a budget that feels right for you – Figure out what you’re comfortable spending and stick to it.
  • Start saving with a goal in mind – Whether it’s a new kitchen, better storage or a garden refresh, saving can help you stay motivated.

Building your home's future                              

At Coventry Building Society, we understand just how important home is. It’s often your biggest investment, but also where you make your best memories.

 

Our range of savings accounts can help you fund the improvements that matter to you.

  • Looking to save little and often? A regular saver could be the right account for you. It's always good to check the account terms though to see if there's any restrictions on withdrawals or closures.
  • Or do you want to start setting aside funds for a bigger project? Take a look at our fixed rate accounts. For example, with our Fixed Rate ISAs, you can save up to £20,000 a year and earn tax-free interest, with the certainty that your rate won’t change. These accounts are no access, which means after the 14-day 'cancellation period', you can't take out part of the money. You'll only be able to close your account for a charge.

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