Did you know that your garden could increase the value of your property by as much as 77 per cent? This is according to research that has been carried out by Post Office Money. Making your garden a more enjoyable and stylish space can add more value to your home than a new conservatory, kitchen, or even a new extension. With that being said, read on to discover everything you need to know about gardens and property value below.
Adding value to your property via your garden
Even a small garden is considered a bonus, especially if you live in a city area, and particularly if your property is in London. In fact, you can add thousands and thousands of pounds to your property if you have a small garden.
Estate agent Foxtons have released some information about what buyers are looking for and how gardens impact their purchasing decisions. They have stated that 62 per cent of their clients state that a garden is important to them. Β In addition to this, 72 per cent of their clients say that they would be happy to pay more for a home that has a garden. Aside from this, in some locations throughout the UK, a garden can add as much as Β£50,000 to the overall asking price.
There have also been some interesting statistics revealed by AXA, the insurance specialists. This has shown some interesting regional differences. They believe that gardens in East Anglia are offering the biggest return monetary-wise, while the lowest impact is felt in Yorkshire and the Humber – but there is still value-added nonetheless, so no matter where your home is based, you can expect to increase the value by enhancing your garden.
Create an outdoor dining area to enhance the value of your garden
Of course, your new garden is only going to add value if it is designed with care. One of the things you need to do in this regard is creating a space that is perfect for socializing and enjoying meals with family and friends. A good outdoor dining set is critical, such as a bistro set made of metal. These sets look beautiful and they are incredibly durable too, which is just what you want for your outdoor environment.
Buyers want simplicity when looking for a garden for their new home
It is important to understand what people are going to be looking for when you enhance your home to boost your property. You will often see the word βsimplicityβ mentioned when it comes to modern gardens. This is what people want. They are looking for properties that are easy and simple to maintain. After all, we live life at such a busy pace today and people do not often have a lot of time to themselves. Therefore, they want a garden that is simple and easy to maintain.
Aside from this, you may want to think about adding luxury features that will boost the value of your garden, from ponds to fountains. The options are endless. Why not hire a landscape and see what magic they can bring?
Final words on gardens and property value
So there you have it: everything that you need to know about enhancing your outdoor space with a beautiful garden that can increase the value of your home. Whether youβre looking to sell a house, or rent out property youβve invested in, the garden cannot be an afterthought anymore. This could be a huge factor when it comes to driving value, so it is important to consider your exterior space with a lot of care and consideration, as it can have a huge impact on the rest of your home.