A new study by property portal MoveStreets suggests that the best way of adding value to your property is by investing in a garden office. Its figures say that on average it costs £9,000 but then adds a, very precise, 8.4% to the value of your home - on that basis they reckon that’s nearly £23,00 in the current market.
If that's not possible, they also put a garage conversion right up there, at an average cost of £14,500 but adding £27,000. Both of these blow away conservatories, kitchens, and garden landscaping.
In a related story about working from home, Zoopla's latest research shows that nearly 9 million bedrooms have been lost during the pandemic, around 5 million of them to home offices - more than half of homeowners say they plan to make the change permanent, although 16% say they resent giving up space in their home for the benefit of their employer. The average household spent £3,700 adapting their home during the pandemic. Their findings also show that nearly 7 out of 10 people believe that employers should contribute to the cost of home offices, but just under a third have actually forked out any help at all.
Nick Neill, managing director at estate agents EweMove said: "It's worth considering a garden office, which could be anything from a glorified shed to a swanky purpose-built luxury cabin. Not only can it enable a better work-life balance and space to work outside of the family home, but it will definitely add value to your property and not take it away, which could be the case if you convert a bedroom."
-------------------------------------------------------
No comments:
Post a Comment