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How much value do you think we have added?

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Comments

  • diggingdude
    diggingdude Posts: 2,499 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Not sure why people are asking multiple questions on this one? No one can give an answer to this question, either get an estate agent to value or pay for a proper valuation surely?

    Sorry if I am missing something
    An answer isn't spam just because you don't like it......
  • Atomix
    Atomix Posts: 370 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Sorry to !!!! on your chips, but It's still a 3bed semi... with a nicer/bigger kitchen...
    Put yourself in the buyers shoes - Is that worth an extra 50k? Or if you hope to achieve a bigger amount for the property - more
  • Slithery
    Slithery Posts: 6,046 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    markyyyyyy wrote: »
    What do you think we may have added to our house value?
    Probably about half of what you spent as a maximum.
  • babyblade41
    babyblade41 Posts: 3,965 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Lots of things can factor in and for that sort of outlay then you certainly wouldn't get that back for a few years , but again depends on starting point and ceiling price.

    For me just from a personal point of view I absolutely hate islands in a kitchen so it would put me off paying a premium .

    Simple valuation to get a rough guide, but again how many people are willing to pay for it in the area you live is another figure entirely
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    pouring 50 k on renovations does not mean it will go up by 50k, someone who may want to buy may find your kitchen not to their taste and rip it out anyway
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • pinkshoes
    pinkshoes Posts: 20,615 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Just get sn estate agent in again and tell them you are thinking of selling again.

    You don't HAVE to put it on market.

    No one on here can help you without knowing postcode/area.
    Should've = Should HAVE (not 'of')
    Would've = Would HAVE (not 'of')

    No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)
  • Out,_Vile_Jelly
    Out,_Vile_Jelly Posts: 4,842 Forumite
    Part of the Furniture 1,000 Posts
    How much of the garden has been lost to the extension?
    They are an EYESORES!!!!
  • laidbackgjr
    laidbackgjr Posts: 556 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    I would agree with Slithery - probably increased in value by around 1/2 what you spent. To get real value from extending you need to add bedrooms.
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    laidbackgjr wrote: »
    To get real value from extending you need to add bedrooms.

    That's what I was going to say, it sounds like the house is now bottom heavy.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • sal_III
    sal_III Posts: 1,953 Forumite
    Fifth Anniversary 1,000 Posts
    I don't know you area, but I'm betting you could have bought much bigger house for the total of £217k without any hassle of building works.

    Spending 30% of your house value to add new kitchen, smallish dinner and utility room is mad IMHO. Unless you don't want to move, which doesn't seem to be the case.
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