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How much value do you think we have added?
markyyyyyy
Posts: 99 Forumite
Hi,
We have a typical 3 bed semi and we have just completed a single storey wraparound extension which in total equates to adding 30 square metres (on top of the current kitchen which was 6 square metres. The kitchen is now approx 12 square metres, we've added a utility which measures 4 square metres, and have also added a dining room which measures 7 square metres.
Weve put a modern kitchen with an island in, 3 velux windows, a composite door and a set of 3m wide bifolds.
I don't want to approach an estate agent for a valuation as they'll see straight through me, if I say we want to sell
We originally sold our house for 165k in Feb 2018 and then u turned and decided on extending.
What do you think we may have added to our house value? Thanks for any input in advance.
We have a typical 3 bed semi and we have just completed a single storey wraparound extension which in total equates to adding 30 square metres (on top of the current kitchen which was 6 square metres. The kitchen is now approx 12 square metres, we've added a utility which measures 4 square metres, and have also added a dining room which measures 7 square metres.
Weve put a modern kitchen with an island in, 3 velux windows, a composite door and a set of 3m wide bifolds.
I don't want to approach an estate agent for a valuation as they'll see straight through me, if I say we want to sell
We originally sold our house for 165k in Feb 2018 and then u turned and decided on extending.
What do you think we may have added to our house value? Thanks for any input in advance.
Savings aim for 2012: £5000 = £416.60 per month
Current Savings excluding M&G Investments (18/11/11):
Britannia: £5334
Total Aim for 31/12/12: £10,334
Current Savings excluding M&G Investments (18/11/11):
Britannia: £5334
Total Aim for 31/12/12: £10,334
0
Comments
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I am sorry but unless someone on here knows your specific area, house demand in the area, prices, whether you have over spec'd the development for the area (could reduce the number of people interested) etc, how could anyone on here possibly give a reliable indication?
I know you don't want to but you will have to keep your eye on the ground for how well houses are selling in your area, and similar houses with extensions, and get an estate agent in (but bear in mind some quote too high a price to get you to sign up).
Its also probably a bad time to get a quote if you don't actually want to sell. Wait a couple of years.0 -
How much did the extension and refit cost you?in S 38 T 2 F 50
out S 36 T 9 F 24 FF 4
2017-32 2018 -33 2019 -21 2020 -5 2021 -4 20220 -
Probably no more than the actual cost of the workIf you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales0
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There will also be a ceiling price in your road. If you paid top dollar for the house (no idea if it was immaculate when you moved in or needed a refurb), you may not have added anything.
As deannatrois says, way too many other factors to say.2024 wins: *must start comping again!*0 -
need_an_answer wrote: »How much did the extension and refit cost you?
The whole lot cost 52k (incl kitchen). I know that we haven't added that much but just after rough ideas, although I understand your comments regards location, ceiling prices etc.Savings aim for 2012: £5000 = £416.60 per month
Current Savings excluding M&G Investments (18/11/11):
Britannia: £5334
Total Aim for 31/12/12: £10,3340 -
The kitchen isn't new anymore so when you come to sell that will be used. Work out how much a used kitchen would sell for and take that off the value.
The rest is down to how much you can raise the value of a semidetached house in your road.0 -
At this very moment on time, I wouldn't bank on much at all.0
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Does it matter? If you want to know for a remortgage you’ll probably have to pay for a valuation anyway.0
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Get an estate agent to come and value it. We don't even know if it's in Scotland or Cornwall or somewhere in between.0
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Old sqft of the place and new sqft of the place?
(up/down)
How balanced are the rooms?
What other rooms downstairs?
Any decent facilities downstairs to go with the outside access.0
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