When it comes to self build or renovation projects, you want to have some kind of certainty that the work your doing is going to increase the value of your property and give you a good return on your investment, even if you’re not planning on selling anytime soon.
From achieving a high spec at a low cost, carrying out the majority of the work themselves, or resulted in an incredibly energy-efficient home, we list some great examples of those who have got real value for money on their project.
- Homeowners: Clare Williamson and Oscar Baldry
- Build cost: £35,000
- Value: Unknown
This former newsagents in Shropshire has been transformed into a family home on an incredible budget of just £35,000 thanks to 90% of the work completed on a DIY basis — an exceptional feat considering the couple adopted Passivhaus principles to keep running costs extremely low. The end result of the couple’s hard work is a beautiful, characterful home.
- Homeowners: Ian and Simone Pritchett
- Build cost: £197,000
- Value: £800,000
Thanks to being heavily budget conscious, the homeowners of this self build in Oxfordshire were able to build their home for under £200,000. More impressive, the end value of the project is quadruple what it cost to build the house.
Packed with an array of eco technologies too, including a mechanical ventilation heat recovery system, this energy-efficient home is incredible value for money with the house having the same heat demand as a high-powered hair dryer.
- Homeowner: Phil Coe
- Build cost: £80,000
- Value: £210,000
Despite the need to stick to a strict budget of £80,000, the internal spec looks high-end thanks to bespoke handmade joinery and a contemporary twist, with lots of natural light flooding the spaces. The return on investment is a further bonus, with the end price being triple the project cost.
- Homeowner: Colin Amor
- Build cost: £474,000
- Value: £750,000
While the build cost is high compared with some of the other projects on this list, the extremely high specification of the home in terms of internal features as well as eco technologies lends the project as being good value for money.
The timber-clad self build in Scotland is so energy efficient it actually generates more money than it costs to heat and power (thanks to the surplus electricity being sent back to the Grid from the solar photovoltaic panels on the roof, offering the homeowner healthy Feed-in Tariff payments).
- Homeowner: Richard Baldwin
- Build cost: £68,000
- Value: £250,000
Richard Baldwin was able to build his own home on an impressively low budget of just £68,000 thanks to carrying out the majority of the work himself. Built using ICF (insulated concrete formwork), the home is highly insulated and boasts contemporary interiors.
- Homeowners: Tom Allen and Natalie Scroggie
- Build cost: £170,000
- Value: £500,000
It would be rare to find a contemporary-style home with interesting architectural features (including a cantilevered first floor), plenty of natural light and stylish interiors for under £200k. Thanks to carrying out a lot of work themselves, Tom and Natalie have completed this timber and render-clad home on a modest budget of £170,000.
- Homeowners: Mike and Jane Fry
- Build cost: £95,000
- Value: £175,000
This low cost sustainable home is clad in render and timber and was completed for just £95,000 by the homeowners, with minimal professional help. The primary aim of the build was to create a futureproof home with low running costs which would remain suitable well into Mike and Jane’s retirement. Eco technology has been used wherever possible, and the doorways are wide enough for a wheelchair and there are no steps.