HOUSE & HOME: Invest in the best
Home renovations are an essential part of homeownership, whether to increase property value, improve energy efficiency, or enhance everyday living. However, knowing where to allocate your budget effectively can be challenging.
Overspending in the wrong areas may not yield a significant return on investment, while cutting corners in crucial areas may lead to costly repairs down the line. Here, we examine key areas of home renovations and provide guidance on where to spend and where to save to make the most of your budget.
K I T C H E N S
Where to Spend:
The kitchen is often the heart of the home and one of the biggest selling points for potential buyers. Investing in durable worktops, such as quartz or granite, can improve longevity and aesthetics. High-quality cabinetry with soft-close mechanisms and solid construction ensures a timeless look and functionality. Premium appliances that enhance convenience and energy efficiency can also provide long-term savings and appeal.
Where to Save:
Custom-built kitchen units can be costly, and many mid-range, flat-pack kitchens provide excellent durability and style at a fraction of the price. Instead of replacing entire cabinetry, consider repainting or replacing only doors and handles. Laminate worktops have improved significantly in quality and can offer a cost-effective alternative to natural stone.
E X T E N S I O N S A N D G L A Z I N G
Where to Spend:
Adding an extension can significantly increase your property’s market value, particularly in areas where additional space is in high demand. Investing in a well-designed extension with high-quality materials will ensure long-term durability and better resale value. Opting for bi-fold, sliding or crittall doors that seamlessly connect indoor and outdoor spaces can also elevate your home’s aesthetic and functionality. High-performance glazing, such as triple-glazed windows or argon-filled double glazing, can improve energy efficiency and reduce heating costs.
Where to Save:
While an extension can add value, overextending your property relative to your neighbourhood’s ceiling price may not yield a worthwhile return. Carefully consider the size and purpose of the extension. Choosing mid-range windows and doors, rather than premium brands, can still provide efficiency and style without excessive costs. Additionally, using off-the-shelf designs instead of bespoke architectural features can help control expenditure.
L I V I N G R O OM
Where to Spend:
The living room is a central gathering space, and investing in high-quality flooring can make a lasting impression. Luxury Vinyl Tile (LVT) flooring from reputable brands such as Amtico and Karndean offers durability, a premium look, and easy maintenance. Well-crafted sofas and seating provide comfort and longevity, while smart lighting solutions enhance ambiance and energy efficiency.
Where to Save:
Feature walls and decorative panels can be expensive, but cost-effective alternatives such as DIY panelling or high-quality paint can achieve a similar effect, as can a gallery wall of framed artwork. Instead of purchasing designer furniture, consider well-reviewed mid-range options that offer a balance of quality and affordability. Soft furnishings, including rugs and curtains, can be updated periodically to refresh the space without a significant outlay.
BEDROOMS
Where to Spend:
Investing in built-in wardrobes can enhance storage and add a seamless, premium feel to a bedroom. High-quality flooring, such as engineered wood or luxury carpets, can also make a significant difference in comfort and aesthetics. Good insulation and soundproofing can create a tranquil environment, particularly in urban settings. And it goes without saying, buying the best quality bed and mattress you can afford is always a worthwhile investment.
Where to Save:
Expensive wallpapers and elaborate decorative features can quickly add up. Instead, opt for high-quality paint in timeless shades. Using panelling or decorative mouldings can also be a great way to add a luxe feel for less.
Freestanding wardrobes and budget-friendly storage solutions can provide similar functionality at a lower cost. Soft furnishings, such as bedding and curtains, can be refreshed over time without significant investment.
BATHROOMS
Where to Spend:
Bathrooms are another high-priority renovation area for homebuyers. Investing in a high-quality shower enclosure, freestanding bathtub, and underfloor heating can elevate the space. Premium fittings, such as waterfall taps and rain showers, add a luxurious touch. It’s worth investing more in the best quality taps you can afford – they are used so often that it’s a false economy to buy cheaper, poorer quality. Additionally, waterproofing and quality tiling ensure longevity and prevent costly repairs – make sure your fitter comes well-recommended for the quality of their prep and finish.
Where to Save:
Designer bathroom brands come with a high price tag, but many affordable alternatives offer similar aesthetics and quality. Standard white sanitaryware is often much cheaper than coloured or bespoke alternatives. You can also get creative for a bespoke look buy turning antique pieces into cabinetry.
GARDEN
Where to Spend:
A well-landscaped garden can significantly enhance a property’s appeal. Investing in high-quality patio materials, well-structured decking, and proper drainage solutions can ensure long-term usability. Professional landscaping, including mature plants and well-maintained lawns, can create an inviting outdoor space.
Investing in a garden room is also a great way to extend living space without the huge expense of an extension – this could be to form a home office, a workout space or somewhere for entertaining.
Where to Save:
Garden features such as water fountains, elaborate pergolas, and exotic plants can be expensive and require significant upkeep. Instead, opt for low-maintenance plants and cost-effective DIY projects, such as raised garden beds or simple decking kits. Artificial grass can provide a lush look without the ongoing maintenance of real turf.
Where to Spend:
With rising energy costs and increased environmental awareness, investing in energy-efficient solutions can yield long-term savings. Installing solar panels, heat pumps, or high-quality insulation can significantly reduce utility bills. Smart home systems, such as programmable thermostats and LED lighting, can enhance convenience and efficiency.
Where to Save:
While cutting-edge energy solutions can be beneficial, not all renewable technologies provide immediate returns. Carefully research available government incentives and assess payback periods before investing in costly solutions like solar battery storage. Simple, cost-effective measures such as draught-proofing and upgrading to energy-efficient appliances can yield substantial benefits at a lower cost.
Final Thoughts
When renovating a home in the UK, balancing expenditure between high-impact areas and cost-saving measures is essential. While quality materials and professional installation should be prioritised in key areas like kitchens, bathrooms, and energy efficiency, there are numerous ways to economise without sacrificing aesthetics or functionality. By making informed decisions, homeowners can create a beautiful, efficient, and valuable living space that meets both immediate and long-term needs.
