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Would improving and renewing the drainage system to cope with the big rain falls we are having, increase the value if selling?

To really improve and update the drainage system of our house it will mean spending a lot of money. By doing this will it be reflected in the asking price should we sell?

Asked on Feb 11 2010, General in Kilgetty | Report content

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  • It depends on how big the flood problem is or has been. If you are constantly flooding to the extent it is a matter of public record you will need to take action otherwise any buyer will be put off. It is more a question of will it make the house more sellable. Any property that has suffered flooding to any great extent can be difficult to insure and therefore sell. Make sure the spend is appropriate to the house value, you may not recoup all the cost but you should make the house more sellable.

    Answered on Feb 11 2010, Report content
  • It could REDUCE the value of the property. You put your house on the market and tell people you ahve spent thousands of pounds on the drainage...they will think..there must be a problem with the water here .. ummm ... like the previous chap said ... building insurance might be a problem and they will walk away. Unless you live on a notorious flooding areas, think very long and hard before you spend a penny on this. It could do more harm than good. This is my personal opinion.

    Answered on Feb 11 2010, Report content

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