Garages
Property values are boosted by new garages.
Adding new garages
to houses is now proven to add thousands to their value. Recent
research on the impact of adding new garages to homes by Nationwide
Building Society shows garages boost values by an average of
up to 15%. Single garages add an average of 8% and double garages
add 15%. This is an average figure, so some garages will have
added significantly more value.
With
average UK house prices approaching £150,000, more and
more people are adding garages to boost their home's value.
So is investing in new garages a good return on investment? Single
garages add £12,000 and double garages add £22,500
to the value of an averagely priced £150,000 home.
A garage will provide a great boost to a home's value and
the return on the minimal investment required is astonishingly
good - they are one of the only Home Improvements that will actually
recoup their cost entirely.
So, if you're looking to boost the value of your home the
easy way, consider the boost garages provide and the many uses
that they have. Research by Compton Garages reveals that less
than 50% of UK domestic garages are used to store the family
car.
Instead,
garages are increasingly being used as an extension to the home
or utility room, or simply as a secure covered space for storage
and hobbies.
More than half of the people surveyed by Compton used their garages
to store garden tools and furniture, with almost 30% using garages
for their workbench and DIY activities. Tumble driers, fridges
and freezers are also located in garages, which are no longer
reserved exclusively for the car!
While over 75% request lights and electricity points in their
garages, a combined 8% select lined walls and roofs for added
energy efficiency and cosiness and also indicating the
amount of time they expect to spend in their garages!
Whether your home is big or small, modern or older, the results
indicate that a garage is an important addition to family space
and an affordable option for storage of household items or their
hobby activities.
Compton Garages have 50 years experience of manufacturing
concrete sectional garages and now deliver and install - with
lead times for new garages at just 4 weeks you could see almost
an immediate return on investment.
We are the UKs largest supplier of garages and have installed
around 500,000 garages since 1958. We have around 1000 garages
at display sites situated throughout the UK. To find details
of local agents displaying garages on this website, click
here. Compton agents are all experienced in selling garages
and can advise on the best range of garages to suit a home owner's
needs.
The majority of Compton's garages are made from concrete and
finished with spar aggregate, although brick and rock garages
are also popular. All Compton Garages come complete with a free
10-year guarantee and exclusive Customer Care Promise.
Neil O'Sullivan - Compton Buildings
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