I was speaking to a garden office supplier today who said to me: "In 20 years, we have never known business like this. EVERYONE needs a garden office. I am utterly exhausted." And while this is anecodatal, here's some evidence to back it up, the 2020 Renovation Nation Report, by mortgage comparison site money.co.uk looks at property owners' lockdown investment decisions.
Overall, the report indicates that UK’s homeowners have spent an average of £4,035 each on home renovations since the end of March Garden summer house/work studio tops the list for the most popular lockdown renovation project at 34% (ahead of living room, bedroom, and kitchen upgrades), with greenhouse at a very respectable 21%.
Here's what the report's authors say:"Before the pandemic little attention was paid towards the most social areas of the home including the garden and living room. The 2020 Renovation Nation Report suggests homeowners perception of importance has changed as specialist areas are seen as an asset rather than a novelty. Areas such as a garden studio, leisure area, indoor gym or pub/bar area that add a point of difference, escapism or an improvement to well-being are a necessity. Going forwards, buyers in today’s market will take more notice of these areas which increases their potential to add value to the overall property."
Image courtesy Garden Affairs
Wednesday’s posts are sponsored by Norwegian Log Buildings - Log cabins and garden buildings for a better quality of life. Click here for more details.
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