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Extending - 4 bed 1 bath vs 3 bed 2 bath

We are currently live in a 3 bed semi and we are in the early stages of considering a side extension which would add some dining space downstairs and a bigger master bedroom upstairs. The single bedroom (2.4m x 2m) would be next to the new bathroom, giving us the option of converting to a bathroom. The houses on the street are a mix of 3 bed townhouses, 3 bed semis, 3 bed detached (some have since extended) with a few bungalows in there. Ours is worth 179k according to Zoopla (which is pretty much the same as what two estate agents priced it at) with the detached houses maxing our at about 210k. In terms of house value, would we see a bigger increase in value extending to a 4 bed with 1 bathroom or 3 double bedrooms with 2 bathrooms?

Asked on Nov 18 2017, Home Improvement in UK | Report content

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  • Hello - I would imagine so but it's often difficult to gauge by how much. A 4-bed house would certainly attract larger families who are usually willing to pay the premium for extra space. Are there any 4-beds closeby which are the same size (on a square foot basis) as what you are planning with your extension work? You may want to go on the "House prices & values" section on Zoopla to see the historical price data. Ultimately you will need to see whether the extra spend is going to be worth it.

    Web reference: https://www.zoopla.co.uk/

    Answered on Nov 23 2017, Report content
  • It’s tricky to know precisely what will happen to your house value after you make any alterations. We all like to assume that almost any improvement will make the value of a home go up, for example a new bathroom is bound to impress house hunters, however, some improvements may not bring in as big a boost in value as you hoped. A bungalow, for example, which extends upwards to no longer be a bungalow will lose its unique selling feature, and this can end up with house value not improving very much overall. Generally speaking, extra bathrooms are likely to be looked on more favourably than larger bedrooms, simply because adding a new bathroom costs a lot of time and money as well as technical work concerning services. There is also a tendency for there to be no more than three bedrooms to a bathroom in modern houses, so buyers of a four-bedroom house would likely expect more than one bathroom. Whatever you decide on, the most important thing is to have the work carried out professionally by a trusted tradesman, otherwise it may end up failing a HouseBuyer Survey due to shoddy workmanship and your efforts will have been for nothing!

    Web reference: http://zo.op.la/Ymditf

    Answered on Mar 27 2018, Report content

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