Over the last few years, many of us have got more inventive with how we use our spaces, spare rooms, and gardens across our home, including the integration of relaxation spaces. We’re seeing the likes of home bars, gyms, offices, and dedicated areas for relaxation as remote working becomes the norm.
Alongside those, rooms dedicated to relaxation are also becoming more and more prominent as we pay more attention to our mental health and conditions around it. The likes of addiction, depression and anxiety are all more common these days, with thousands of people worldwide seeking addiction counselling to combat battles with alcohol and drugs, particularly opioids at present. Developing homes to be more calming and provide spaces to practice the likes of meditation, yoga and utilise healthy coping mechanisms has therefore become prominent.
That isn’t exclusive to people struggling with their mental health though, it’s become an important space for people keeping on top of and managing their mental health. But while functional, do they have an impact on the value of a home?
Well, the answer is yes, and for several reasons…
Can a Relaxation Space Improve The Value Of Your Home? 5 Reasons It Can
Appeal to Modern Homebuyers
Firstly, in today’s fast paced world, homebuyers are seeking out properties that do offer more than just a functional living space. A well-designed relaxation area, whether that be in the garden, bathroom or a spare room providing space for yoga or a cosy place to read can maximise the appeal compared to your standard spare bedroom or storage space.
The presence of a relaxation space can set apart a property from others on the market and appeal more to the modern day buyer.
Enhance Overall Property Value
They can also add value to your home, or at the very least encourage potential buyers to offer, or offer closer to, the market value. That’s largely down to the increased functionality of the space.
However, major investments such as yoga studios, spa facilities, and upgrading patios into serene outdoor lounges will naturally add value to your home as well.
Create a Multi-Functional Space
What such a space provides to a potential buyer is an indication that it is multi-functional and adaptable to various lifestyles. For example, a garden space with plenty of space to relax can also be used for outdoor entertaining.
Alongside this, showcasing how different rooms can be used can spark imagination and appeal to a broader audience, allowing them to consider all the things they could use the versatile space for.
Improve Perceived Quality of Life
Having a dedicated space for relaxation also contributes to the perceived quality of life within a property. This can be a crucial buying factor, particularly when buyers are comparing homes against others. Features such as spa-inspired bathrooms, sunlit reading corners and spaces to exercise or meditate in will really elevate the overall appeal of a home, conveying a real sense of luxury and comfort.
Showcase Unique Design and Lifestyle Elements
Finally, it will allow you to showcase your home as a little more unique and allow your home to stand out. Whether you’re incorporating natural materials to create a more soothing environment, or implementing innovative relaxation features, people will take note when viewing a home and that will be lasting in their mind when it comes to making those all important offers.
In conclusion, integrating relaxation spaces within a home not only caters to the increasing demand for wellness-oriented living but also significantly enhances the property’s market appeal and potential value. These spaces not only serve as sanctuaries for mental and physical well-being but also act as compelling features that attract modern homebuyers looking for more than just the basics in a property. By adding such spaces, homeowners not only improve their quality of life but also invest in making their property a standout choice in the competitive real estate market, ultimately fostering quicker sales and potentially higher offers.
