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how much would you say a conservatory is worth?
Comments
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In that case any potential buyer who doesn't already own a conservatory will not care either way, as they don't have one. Therefore no, in most situations having a conservatory cannot increase house price in most cases (assuming more people don't own a conservatory than do).0
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I wonder if some of the opinions being expressed are based on peoples historic perceptions of consevatories. The old style B&Q greenhouse style ones, or the next generation ones?
Many of todays conservatories (as said in my post 9 (I think)) are superb in how they trasform the whole of the ground floor area. These models DO pay for themselves as they add to the whole home and are not just a summer only, hard to heat, hard to cool, mainly glass irrelevance.A retired senior partner, in own agency, with 40 years experience in property sales & new build. In latter part of career specialising in commercial - mostly business sales.0 -
£365k is a VERY high value for a house, do you mind telling us where it is, what size etc?
As others have said, buyers will decide the value, not surveyors. HTH.
Well it's a BIG house and not a high value compared to others around about - in fact the cheapest of the lot . It is over a third of an acre plot, 5 beds, 2 baths, 3 reception rooms. Very large front garden and driveway for approx 5 cars and it is just North of Perth. There are new builds on this estate up for sale at up to 475k with tiny gardens and all over looked. My back garden opens onto farmland. Crikey I sound like I am trying to sell my house (oops! forgot that I am)Smile though your bank is breaking:)0 -
Well it's a BIG house and not a high value compared to others around about - in fact the cheapest of the lot . It is over a third of an acre plot, 5 beds, 2 baths, 3 reception rooms. Very large front garden and driveway for approx 5 cars and it is just North of Perth. There are new builds on this estate up for sale at up to 475k with tiny gardens and all over looked. My back garden opens onto farmland. Crikey I sound like I am trying to sell my house (oops! forgot that I am)
It depends upon the house itself and the quality of conservatory. Assuming built for sale:
A cheap conservatory to a terrace will add no net value (after cost).
An expensive conservatory to a terrace will add less than it cost.
A cheap conservatory on a modest semi will add little if any
An expensive conservatory to a modest terrace will be cost neutral
A cheap conservatory on an expensive house (what I class your as) will devalue it
An expensive conservatory will add more than spent
PS. Above is opinion only - not based on actual houses.0 -
Well it's a BIG house and not a high value compared to others around about - in fact the cheapest of the lot . It is over a third of an acre plot, 5 beds, 2 baths, 3 reception rooms. Very large front garden and driveway for approx 5 cars and it is just North of Perth. There are new builds on this estate up for sale at up to 475k with tiny gardens and all over looked. My back garden opens onto farmland. Crikey I sound like I am trying to sell my house (oops! forgot that I am)
Perth in Scotland?
Tiny newbuilds for £475k?
*faints*
Sorry, I should point out that I love Perth (I have relatives there), but those prices do seem awfully high. May I ask what you paid for it?
I agree with LizzieS btw.Get to 119lbs! 1/2/09: 135.6lbs 1/5/11: 145.8lbs 30/3/13 150lbs 22/2/14 137lbs 2/6/14 128lbs 29/8/14 124lbs 2/6/17 126lbs
Save £180,000 by 31 Dec 2020! 2011: £54,342 * 2012: £62,200 * 2013: £74,127 * 2014: £84,839 * 2015: £95,207 * 2016: £109,122 * 2017: £121,733 * 2018: £136,565 * 2019: £161,957 * 2020: £197,685
eBay sales - £4,559.89 Cashback - £2,309.730 -
Oh don't be ridiculous. Are you saying that, unless you have personally had a conservatory, you can have no valid opinion on whether it adds value? What tosh! I've never had an extra bedroom or bathroom added but my opinion says that those both add value. Is that opinion irrelevant too?
Weak argument.
How would YOU know if it adds value or not if:
a). You have never had one
b). You have never sold a house with one
c). Your examples are pointless to the extreme
The 'tosh', as you so remedially put it, is coming from you.0 -
So how would a buyer know it adds value, if they have also never had one? In which case it can't add value unless the buyer already had one and liked it, in all other cases the buyer would assume a neutral value for the conservatory.
As it is, when renting my current place I saw it had a conservatory and wanted one, despite never having one before. I decided this all on my own, with no previous conservatory dwelling experience whatsoever. To me it added value to the property, yet according to you I should not have been able to decide this?0 -
tek-monkey wrote: »So how would a buyer know it adds value, if they have also never had one? In which case it can't add value unless the buyer already had one and liked it, in all other cases the buyer would assume a neutral value for the conservatory.
As it is, when renting my current place I saw it had a conservatory and wanted one, despite never having one before. I decided this all on my own, with no previous conservatory dwelling experience whatsoever. To me it added value to the property, yet according to you I should not have been able to decide this?
Point missed though.
You rented a house and thought it worth the extra to have more room.
When selling, it is not an individual thing. The EA will value the house from a point of view that it is 3/4/5/ bedroom etc.
If number 1 and number 5 ____ Street are both put on the market at the same time, and one has a conservatory and one doesn't, though besides the conservatory, both house are identical, it rarely increases the price of the one with over the one without.
The only thing likely to be effected is speed of sales and potential buyers.0 -
Perth in Scotland?
Tiny newbuilds for £475k?
*faints*
Sorry, I should point out that I love Perth (I have relatives there), but those prices do seem awfully high. May I ask what you paid for it?
I agree with LizzieS btw.
Have you seen the newbuilds I am talking about - as if you had you could not say they are "tiny" - you can have a look at them on next homes perth website. It is a small developer and the finishings on them are way above your national housebuilder. Having said that they will never sell with that estate agent as they were the ones that i sacked as they were atrocious (if you have read any of my previous rants on here)Smile though your bank is breaking:)0
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