A traditional library, complete with posts and baseboards, or a modern library with shelf lighting and seamless doors could be one of the best ways to add value to your home, according to new research.
Investing in home library ideas could make your home more attractive to buyers, research from leading furniture maker Neville Johnson has found.
“Providing buyers with a stylish, well-designed and functional home is a key way to differentiate yourself and sell your property quickly,” says Ryan Ninnis, director of sales operations at Foxtons Real Estate Brokers, who joined Neville Johnson who worked together on research.
“We regularly see increases in value of 15 to 20 percent for owners who have done home improvements like a home library that meet the needs of the local market.”
Does a home library add value?
Libraries add value to a home by creating a focal point that gives structure to the space, says Joshua Blackburn, founder and director of design and construction at Evolving Home. “From a design perspective, it adds texture and layers. It draws attention to its wholeness when entering the space and makes it the perfect presentation surface.”
Kit Kemp, founder and creative director of Firmdale Hotels and Kit Kemp Design Studio, agrees. “Having a library in your home with a curated collection of books and magazines gives a great feeling of comfort and warmth,” she says.
The interior design often shows a beautiful library hidden in their beautifully designed hotels. “There is nothing more important to me than feeling at home. When designing a library, I want it to be like a little jewel box full of surprises, where the eye moves through space, going from one interesting detail to the next.”
Built-in book storage ideas bring more value compared to freestanding shelving, but they have to fit the home and its location, Joshua adds. “Shelves made of hardwood or other high-quality materials add value to the property compared to shelving made of medium-density fiberboard.”
However, a library is not just for books. It can become a multipurpose space that can double as a home office or even an emotional escape room for a family member. Both have become indispensable after the pandemic.
Before investing in a home library setup, it’s important to consider the environment. If you live in a high-end area, you’re more likely to find a library worthwhile than if you live in a place where space is at a premium.