When it comes to boosting the value of a property, there are a bunch of home improvements one can make to increase a property’s value. One of these improvements that can add to both the value as well as saleability of a home is a lean to conservatory. So exactly how much value does a conservatory add?
According to several studies carried out, a lean to conservatory should add anything within the range of 7% to 15% of the average property value in the UK. This equals thousands of pounds which ultimately translates that home and property owners can recoup some or even all of their cost of investment in the extension with relative ease. However, in order to determine the exact value added, you’d have to calculate the value of your investment. These includes determining the amount of money the lean to conservatory will cost including installation, the current value of your property as well as the amount of value the conservatory will add to your property. Doing this will help you determine how wise the investment in a lean to conservatory will be.
At present, the average price in the UK stands at about £240,000 and according to the experts, lean to conservatory should add with the range of 7 percent or 10 percent of that price in terms of value. In other words, the value of your property can rise by close to £17000. And if the total cost of building the lean to conservatory is about £9000, that means you’ve made a profit of up to £8,000. Besides this, there are also some other significant values and benefits offered by installing a lean to conservatory which includes more living space, aesthetic appeal and many more.