The Royal Institute of Chartered Surveyors say that adding a conservatory to your propery can increase it’s value by up to 5%, as well as increasing it’s appeal to potential purchasers when it comes to selling your home.
For those wanting to sell their home, especially in the current economic climate, I personally cannot think of a quicker, easier, more effective and economical way of adding value and saleability to a residential property than extending it with a conservatory.
I’m not suggesting that if you add a conservatory to your home at a total cost of say £15,000 that it will increase your property’s market value by say £25,000 or such, but it should at least hold it’s own, i.e. you should get what you have spent on your conservatory back in the increased sale value of your home (or thereabouts) but most importantly substantially increase it’s appeal to potential buyers, particularly when presented effectively.
I think it would be false economy to invest in a conservatory to sell your home but then not invest that little bit extra to present it correctly by fitting decent flooring, blinds and including a little furniture to finish it off – after all, you can take the furniture with you when you move.
In my opinion, adding a conservatory to your home is probably not the world’s greatest ever financial investment, however it is very worth while and beneficial, both for creating extra living space whilst you live in your home and as a very powerful tool to help sell your house, of which you should also recuperate most of it’s cost when reflected in the sale value anyway.
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