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Considering adding a garden office to your property? Wondering if it’s worth the investment in terms of increasing your home’s value? You’re not alone. In this article, we’ll explore whether investing in one adds value to your home. Read on to find out more.
Understanding How a Garden Office Adds Value
Floor space is a crucial factor in determining the value of a property. The more square footage, the higher its value tends to be. Bigger areas are often preferred by buyers and offer more flexibility in terms of usage.
But how can a garden office add value to your home? The answer is simple: it can significantly increase the floor space of your property. It creates an additional functional area outside of the main house. This extra space can be used as a home office or garden studio, adding versatility for homeowners.
According to a study, investing in a garden office can result in a substantial increase in a home’s value. On average, it can add between 5% to 10% to the overall value of the property. Say your home is valued at £300,000; adding a garden office could potentially increase its value by £15,000 to £30,000.
While the average cost of building one is around £9,000, it can add an average of 8.4%. This shows a big return for homeowners making this home upgrade.
Factors Influencing Added Value
How much a home garden office boosts property value depends on key factors. To begin, location plays a crucial role. Properties in high-demand areas typically see a greater increase with a garden office. Conversely, in less sought-after areas, the impact may be less significant.
The type of property also influences the value added. Detached houses, e.g., those with their own gardens, tend to increase in value more with a garden office. This is because there’s usually more room to put the outbuilding.
So, if you have a detached house with a big backyard, you can easily add one without taking up too much space. This makes the house more appealing and valuable to potential buyers.
Additionally, the size of the structure matters. Larger garden offices tend to contribute more value to the property. In contrast, smaller units may have a more modest impact on valuation.
Furthermore, how the garden space is utilised alongside the garden office is essential. If the garden is big and well-kept, it makes the property more attractive and worth more money. Otherwise, it could make the property less appealing and not increase in value as much.
To sum up, adding a garden office can make a property worth more, but how much more depends on:
- where the property is
- what type of property it is
- how big the garden office is
- how the garden is used
Always consider these factors to get the most value from your home upgrade!
Round-up
So, does a garden office add value to your home? The answer is yes; on average, it can add 5% to 10%, but factors are things that can determine the outcome. In essence, these can influence how much worth it adds to your overall property, including:
- where your property is located
- what type of property it is (like detached or semi-detached)
- how big the garden itself is, and how the space is used
- the size and quality of the garden office and how it is decorated
By considering these, you can ensure adding one gives you the most benefit for your home.
If you’re still searching for the ideal garden room, look no further than Garden Buildings Direct. Explore our range, including insulated garden offices for year-round use!
Looking to push the value of your home up before you buy a garden building? Take a look at some Garden Features That Can Increase Your Property Value.
