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Does a garden room add value to a house?
Garden rooms are more popular than ever. Blame being in lockdown, but increasingly homeowners are looking for cost-effective ways to extend the useable living space within their current homes. More space and a change of lifestyle without having to move house, who wouldn't want an extra room in the backyard?
A well-planned garden room provides a unique alternative to traditional home extension methods, creating more space for however you choose to use it. A garden room can be anything your heart desires, from a tranquil garden home office or yoga studio to a self-sufficient annex for extra accommodation – depending on your budget.
How much value does a garden office add to your property?
Estate agents and lenders estimate that the extra space provided by a garden office can add between 5 to 10% to the value of your home.
For example, if your home is worth £300,000 then expect an increase of anywhere between £15,000 to £30,000.
According to The Garden Office Guide, some estate agents valued properties at 15% higher because of an additional garden office. The exact amount depends on a multitude of factors that we will discuss later on, but in most cases, the value-added will be more than the cost of the garden office.
Why does a garden office add value?
More useable square footage
Floor space is one of the major factors when valuing a property, especially in areas where square footage is scarce and property prices are high, like Greater London.
Your garden office should be properly insulated and therefore function as a proper living space. Not only can it be used as a dedicated home office but its function has doubled up as a playroom, man-cave/she-shed, gym or whatever retreat you need to get some peace and quiet.
Why wait? Get your dream outdoor living with our excellent Finance packages.
1. QUICK & EASY SIGNUP
Our application form only takes a minute to complete and will give you an instant decision.
2. PAYMENT PERIODS
Flexible payment terms are available from 1 to 7 years. Longer term loans are also available.
3. COMPETITIVE RATES
We aim to provide you with a low rate of finance through our panel of 40+ lenders.
4. LOAN SIZES
Loans from as low at £1,000 to £50,000 with flexible lending periods up to 7 years available.
Representative Example
Total amount of credit £5,000, agreement duration 5 years, at £103.82 per month.
Total amount repayable is £6,229.20.
Interest rate 4.25% APR Fixed. 9.9% APR Representative.
Credit is subject to creditworthiness and affordability. Figures correct at 14th July 2020.
Get your dream outdoor living with our excellent finance packages.