Food & Drink0 min ago
Conservatory
4 Answers
Does a conservatory pay for itself? I.e. If we add a 10k conservatory then decide to sell next year, will be lose on the investment, break even on the cost or add value? We want to install one but may decide to move next year - don't want to lose out too much! Thanks
Answers
Best Answer
No best answer has yet been selected by nykkieberry. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.In Hampshire, conservatories don't make their money on "standard" houses as they are too big a percentage of the cost of the house. Things to consider are how much garden will you have left, is the conservatory overlooked or cramped, what is the aspect, and is the view decent whemn you sit out there, will it make a useful living space ie is it heated, has it got a decent floor, what are the expectations of people who would buy in your area ie has everyone else got one. Be particularly careful if you can't have level access from house to conservatory and conservatory to garden as this can put people off. How do I know this? looked into it a few years ago on the same basis as yourselves and decided against...but then we are not risk takers. Hope this helps, sorry if it is depressing.
It would'nt put 10k onto the value of your property. Any additional building or decorating of your house is always seen as adding value but in reality it would never pay for itself in the short term. It should be seens a benefit for you, add saleability and some additional value but it would never provide a quick way to bump up the value.
I am not sure that anyone can answer this question without knowing the situation. Like size and type of the proposed conservatory. Somer conservatories are just like oversized greenhouses, too hot in summer and freezing in winter. The size and value of your house and the houses around you etc. I agree with the earlier poster, check with the local agents. Compare your house to others with conservatories.