Consumer research by fixed fee estate agent, eMoov.co.uk, has revealed what UK homeowners believe add the most financial value to a home during the selling process.
eMoov surveyed over 1,000 UK homeowners in October 2015 asking them what they think adds the most financial value when looking to purchase a property.
Topping the list was a spare bedroom, with 25% of those asked believing an additional bedroom adds the most value to a property. The appeal of the spare room stretches far beyond its use as an extra place to sleep and can be utilised in many ways whether it be a home office, salon, nursery, workshop or play room.
Outside space was the next best justification for a higher property price, with 19% of homeowners believing it added the most value. The garage was the third best asset a homeowner’s property can include, with 16% of those asked thinking it added the most financial value.
Just 2% of those asked felt a good community atmosphere added value to a property.
|Will add the most financial value||% of Homeowners|
|1st||A spare bedroom||25%|
|4th||En-suite bathroom for the main bedroom||13%|
|5th||Car parking space/s||11%|
|6th||Local amenities such as a supermarket, doctors surgery||5%|
|7th||Strong internet connection||4%|
|8th||Strong mobile phone signal||3%|
|9th||Good community atmosphere||2%|
Founder and CEO of eMoov.co.uk, Russell Quirk, commented: “This research goes to show that it’s the fundamentals people are concerned about, the number of bedrooms in case they want friends to stay or wish to start a family, outside space to entertain or for the kids to play in, a garage to store that accumulated clutter as the years pass by, an en-suite so you can have a bath in peace or that extra parking space for when the 17th birthday rolls round.”