How Much Value Does a Garden Room Add?
When you purchase a property, it becomes an investment, regardless of whether you’re planning on selling in the future or not. Therefore, you want to nurture and improve this property as much as possible to get the best possible return on investment in the end.
If your property has a great outdoor area and you want to upgrade it and add value, you can always consider a garden room. But is this extension worth it? Below, we’ll do a deep dive into the question, ‘do garden rooms add value?’ and if so, how much can they add to your home?
The value that a garden room can add to your home
So, can a garden room really add that much value to your property? The most likely answer is yes! If you install a quality garden room into the back of your outdoor space, you can be looking at increasing the entire value of your home up to 1.5 times.
You must remember that quality is the most crucial factor in garden room installation. When you wish to sell your property, you want to be able to impress any potential buyers. If they see a garden room made of low-cost materials that are falling apart, they are less likely to want to pay more.
Choosing the right designers, like those at BGR Designs, can make all the difference between keeping your property at its current value and upping it by almost double!
Watch this video below to see our designer, Luke Millard, return to one of BGR Designs’ spectacular garden rooms in Somerset:
4 reasons why a garden room adds value to your home
You now know that a garden room CAN add value to your home, but HOW does it add value? Here are five of the biggest reasons:
Makes the home more impressive
When you’ve gone to open houses or viewings, and you’re considering purchasing a property yourself, which ones stood out the most? The ones with something that makes you say ‘WOW!’. And you’re probably not the only ones impressed by what this property has to add.
A house with a garden room will generate more interest from potential buyers. When more people are interested, and there are more viewings, there is a bit of competition to see who can lock down the property as quickly as possible. This, in turn, leads to bids higher than the asking price, so they don’t miss out.
Attracts buyers with hobbies
Those with specific hobbies, whether fitness or crafts, are always looking for an additional space in their home to dedicate to the thing they love. A garden room is the perfect place for this. With one of these extensions on your home, you’ll most likely gain interest from a larger group of people, which can increase the competition.
A quiet space away from the main house is very attractive to those who wish to practise their hobbies in peace, and you might find people searching for a property specifically with a garden room for this reason.
Offers unique home office space
Since the COVID-19 outbreak, remote working has become particularly popular among many businesses and workers. Therefore, people need a dedicated space where they can set up their dedicated home office and complete their jobs in peace for the ultimate productivity.
Similar to those with hobbies, those who work from home are also increasing their interest in homes that have garden rooms – especially when they are well-insulated and of high quality. This desirable selling point ultimately leads to more bids and competition for a higher price.
Provides more total floor space
Many homeowners wish for as much floor space as possible, especially if they have a lot of belongings or large families. The great thing is that you can add a garden room onto your property and gain more total floor space without disrupting the rest of your home in the process.
It also provides more floor space away from the home, giving it an aspect of privacy that many prospective buyers like. This is more attractive for some than a traditional extension that has just been added to the main house, which means there is significant value in a garden room and the opportunity to sell for more.
Return on investment: Is it worth it?
A garden room doesn’t come cheap, and you need to install one in your property’s outdoor space. However, is it worth it in the end? While the initial costs might not yield a rapid financial return to begin with, especially if you’re planning on living in the house for a while, there are some great long-term benefits.
This includes things like increasing the property value and being able to transform the area into something great for you and future buyers to enjoy (or even renters if that is something you want to consider).
Tips for maximising the value of your garden room
Not every garden room is going to offer the same results and increase and value as each other. Here are a few ways you can maximise its value:
- Quality garden building and construction of the room
- Ensure you acquire all the right permits and meet the regulations
- Opt for a design that a large group of people will like
- Insulate the garden room for year-round comfort
- Provide adequate lighting with large windows and skylights
- Introduce a great HVAC system into the room
- Stay up to date with maintenance every few months
There is no doubt about it that a garden room can increase the value of your property by quite a large amount. And apart from the resale price, it offers a great extra space for you to work in, play in, or even just relax in.
If you’re considering installing a garden room in your outdoor area, you want the right experts to help you out. At BGR Designs, we specialise in garden room design and can help you produce one of the highest quality to help you maximise the value.
Simply get in touch with one of our experts today, and we can help transform your property with the perfect garden room.