Does A Home Extension Help You Sell Your House?

6th August 2020 posted in SELLERS BUYERS

In a crowded and competitive marketplace, you need to do what you can to stand out for all the right reasons. If your home has been enhanced compared to other homes in the local area, you increase your chances of connecting with buyers and selling your home.

Therefore, it is natural for property owners to consider whether a home extension helps you sell your house.

Pros of home extensions:

·         You get to enjoy more space in your current home

·         You add value to your property

·         You make your home more appealing to buyers

Cons of home extensions:

·         There is an inconvenience factor when improvement work is taking place

·         You must consider the cost of home extension work and ensure you can afford it

Of course, not all home extensions are the same, and each household must consider their circumstances and requirements. If you already have four bedrooms and three bathrooms, the value of adding a bedroom with en-suite facilities will be of less benefit than the homeowner who currently has one bedroom and bathroom in their property.

There is also the need to consider the quality and reliability of the work carried out. It is crucial you call on the services of a trusted professional with a strong track record in the extension you want to add to your home. Hiring a reliable professional might increase the cost of conversion work at your property, but this will often be more than recouped in added value and appeal.

What are buyers looking for?

If you are carrying out extension work with the aim of connecting with buyers, you must be sure of what buyers are looking for. The circumstances relating to COVID-19 means that buyer demands have changed slightly, but you will find adding space is usually always a great idea when it comes to connecting with likely buyers.

Recent studies suggest gardens are the top priority for buyers, but following this, the most common objective for buyers is to move to a bigger home. Therefore, adding an additional room to your home should help you meet the needs of prospective buyers.

A dedicated workspace is becoming increasingly important for buyers

While the main focus is on adding a bedroom (with an en-suite facility if possible), it is easy to see why some homeowners might decide to create a dedicated workspace when extending their home. Even though there is hope things will return to “normal” at some point in the near future, it is likely remote working will remain a common feature for many households.

Having a dedicated workspace boosts productivity and it helps people create a better work-life balance. Therefore, if you offer a home with an area that is tailored to home working, you might catch the eye of buyers who have this feature at the forefront of their thoughts when looking for a new home.

In line with Government guidelines, our Biggleswade branch has reopened and is again staffed with sales and lettings personnel.  If you have any queries or need advice on property sales and lettings then please call 01767 317799 or email biggleswade@country-properties.co.uk.

In a crowded and competitive marketplace, you need to do what you can to stand out for all the right reasons. If your home has been enhanced compared to other homes in the local area, you increase your chances of connecting with buyers and selling your home.

Therefore, it is natural for property owners to consider whether a home extension helps you sell your house.

Pros of home extensions:

·         You get to enjoy more space in your current home

·         You add value to your property

·         You make your home more appealing to buyers

Cons of home extensions:

·         There is an inconvenience factor when improvement work is taking place

·         You must consider the cost of home extension work and ensure you can afford it

Of course, not all home extensions are the same, and each household must consider their circumstances and requirements. If you already have four bedrooms and three bathrooms, the value of adding a bedroom with en-suite facilities will be of less benefit than the homeowner who currently has one bedroom and bathroom in their property.

There is also the need to consider the quality and reliability of the work carried out. It is crucial you call on the services of a trusted professional with a strong track record in the extension you want to add to your home. Hiring a reliable professional might increase the cost of conversion work at your property, but this will often be more than recouped in added value and appeal.

What are buyers looking for?

If you are carrying out extension work with the aim of connecting with buyers, you must be sure of what buyers are looking for. The circumstances relating to COVID-19 means that buyer demands have changed slightly, but you will find adding space is usually always a great idea when it comes to connecting with likely buyers.

Recent studies suggest gardens are the top priority for buyers, but following this, the most common objective for buyers is to move to a bigger home. Therefore, adding an additional room to your home should help you meet the needs of prospective buyers.

A dedicated workspace is becoming increasingly important for buyers

While the main focus is on adding a bedroom (with an en-suite facility if possible), it is easy to see why some homeowners might decide to create a dedicated workspace when extending their home. Even though there is hope things will return to “normal” at some point in the near future, it is likely remote working will remain a common feature for many households.

Having a dedicated workspace boosts productivity and it helps people create a better work-life balance. Therefore, if you offer a home with an area that is tailored to home working, you might catch the eye of buyers who have this feature at the forefront of their thoughts when looking for a new home.

In line with Government guidelines, our Biggleswade branch has reopened and is again staffed with sales and lettings personnel.  If you have any queries or need advice on property sales and lettings then please call 01767 317799 or email biggleswade@country-properties.co.uk.