
How much does a garage add to the value of your property?
The Nationwide Building Society in a survey, looked at the best home improvements in terms of added value to your property.
They published the following results:
Loft conversion +21%
Double garage +14.5%
Floor space +12%
Single garage +7.7%
Parking space +6.5%
Central heating +7%
Extra bedroom +6%
Extra bathroom +5%
As you can see, the addition of a garage is a valuable addition to your home.
A Double garage came Second and Single garage came fourth.
Despite the credit crunch, and the most pessimistic commentators, the average house is still valued at well in excess of £150,000, meaning that adding a double garage will add nearly £22,000 to the value of your property, and a single garage nearly £11,000, a good investment in anyone's money!
Don't underestimate the fact that, in these days of slow house sales, a new garage will make your property stand out.
First impressions count, and saleability is very important.
Don't forget that the addiition of more storage space, a workshop, office, hobby room or gym will all add additional value, AND give you the use and pleasure as well!
Why not have a look at some of the Photgraphs in our Concrete Garages Photo Galleryand see how they can enhance your home.....
Back





