Will a garden room increase the value of your property?

A garden room will always be a significant investment. So significant, indeed, that the price tag could dissuade you from investing in such a building.

But what if you could enjoy the benefits of a garden room while making a profit on your investment?

Well, you can!

It is likely that the addition of a garden room would increase the value of your property. So long as your garden building is properly constructed, insulated, warm and has planning permission (if permission is required), the structure would increase the value of your home and certainly enhance its appeal.

Why are garden rooms so attractive to buyers?

Over recent years, more and more people have started working from home. The Covid-19 pandemic accelerated this trend, and it is likely that yet more people will eventually work from home in the future. It is becoming easier and easier to remain connected to your business wherever you happen to be. 

The latest ONS data shows that 44% of people in the UK currently work from home at least some of the time. The roll out of high speed broadband could see even more workers stay at home. High speed broadband will mean that rural properties which would not have been suitable for those working from home will become viable options. Wherever you live, a garden room could become an extremely valuable asset.

With so many people needing somewhere to work at home, office space will be a primary concern for a significant proportion of buyers when they are searching for the right property. That makes garden offices incredibly appealing propositions. Garden rooms provide valuable office space and space that is separate from the main home. That’s important because most home workers favour at least some separation between their living accommodation and their office. 

The race for space continues and buyers are certainly reevaluating their needs.

Why is versatility important?

Garden rooms are incredibly versatile spaces that can be utilised for diverse purposes including home offices, art studios, therapy rooms, man caves and much more. Every house buyer will have their own needs and priorities, but a garden room could fulfil many of these. While a large number of buyers will be looking for a property with a home office, others would appreciate a studio, a playroom or additional accommodation.

By adding a garden room to your property, you will certainly broaden its appeal and therefore increase its price tag.

Garden rooms: the maths

Of course, it could be some time before you move house. But you can enjoy the benefits of your garden room in the meantime. It will elevate the value of your home but will serve you well too. 

According to a recent study by the estate agent comparison site, GetAgent.co.uk, a garden room would typically add 7.5% to the value of your property. At the time of writing, the average price of a home in the UK is £290,000. This means that a garden room could increase the market value of a typical home by £21,750. 

Some estate agents estimate that garden rooms can increase the value of a home by as much as 15%. The precise impact on the value of your home would depend on the nature of your property and both the size and specification of the garden room.  Property experts suggest that garden office space will increase a home’s value by around 150% of the cost of the garden building.

The maths is complicated here as there are so many factors that could influence the impact of garden rooms on property prices. However, it is unlikely that a garden room would not have a positive effect on the value of your home. 

What about the wow factor?

There is no doubt that the right garden room will give your property the wow factor. Your garden room could be the feature of your home that makes it a must-have property for many potential buyers. This might mean that you would benefit from a very quick sale which is always a bonus and can save you money if you have a bridging loan.

Conclusions

In summary, garden rooms can indeed increase the value of a domestic property, provided they are well-designed, constructed with quality materials, and comply with local regulations. Their versatility and aesthetic appeal make them attractive features for potential buyers. However, the extent of the increase in value of a property will depend on several factors, including the quality and design of the garden room, local market conditions, and the intended use of the space. For homeowners looking to maximize their property’s value, investing in a garden room can be a wise and rewarding decision.

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