How much is a garage worth?

Spendless

frugal_dougal wrote:

It could if it was a good looking one, but it would also depend on the price of the house overall. Anything at the lower end of the market ie £110-£130k will definitely not gain that much from a conservatory.

assumming £110-130K is lower end of market where you are. Here lower end is more like £80-£100K

frugal_dougal_3

Spendless wrote:

Here lower end is more like £80-£100K

So therefore would be less likely to gain £10,000 for conservatory. What I am trying to explain is that the less the house costs in the first place the less the conservatory will add to it.

Spendless

frugal_dougal wrote:

So therefore would be less likely to gain £10,000 for conservatory. What I am trying to explain is that the less the house costs in the first place the less the conservatory will add to it.

yes i realise that but what i was trying to say is you cant say bottom end is 110-130 cos in different places it isnt.

Woby_Tide

what if the conservatory was a cheap as chips £2k jobby from B&Q, would it still go up £10k

frugal_dougal_3

Spendless wrote:

yes i realise that but what i was trying to say is you cant say bottom end is 110-130 cos in different places it isnt.

I think you'll find it makes no difference to the equation of the value of the conservatory.

frugal_dougal_3

Woby_Tide wrote:

what if the conservatory was a cheap as chips £2k jobby from B&Q, would it still go up £10k

No it would DEVALUE the house

Ian_W

I think it's as easy to answer as "how long is a peice of string?".
Garage should add value where parking is difficult and/or crime a problem. But is it attached, detached, integral [cheap extension space?], crappy concrete with an asbestos roof, in a block half an hour's hike away?
Same with a conservatory. Some that are well done, in keeping with the house, add an extra useable room, have views, overlook a lovely garden do add value - probably more than they cost. Others, far too many IMO, are like a carbunkle on the end of a wart & detract fom the value as you'd need to factor in the cost knocking them down!
Far too difficult a question. Not going to answer it! NO, SIREE! :mad:

Mr_Proctalgia

Around here the lower end is 50 to 60K (2 or 3 beds ex council) A conservatory might add 1K, an asbestos cement garage is a definite liability and would mean a slower sale or getting it removed first. Houses with "proper garages" sell faster. A single garage in a block would sell for £5K
A further dampener her is that there are quite a few "Non Standard construction" houses, that are real sods to get mortgages on, so they stick too, its a pity because they are good sized family homes with enormous gardens

Spendless

frugal_dougal wrote:

I think you'll find it makes no difference to the equation of the value of the conservatory.

I wasn't even talking about the consevatory you were- I was pointing out that you cant announce what £x are bottom end of market - as it varies from area to area

meanmachine_2

Er, surely the whole point is what the garage is worth to the BUYER.

What's it got to do with the vendor?

Also, I'd suggest there is zero value attached to a garage if you have a driveway or OSP.

I think people are getting the two confused.

OSP in London where parking is at a premium will naturally attract a premium. I'd attach at least 15K to that.

OSP in the Hebrides...again zero.