Are home conservatories causing a price drop in UK properties?
Is your conservatory devaluing your home?
There is no clear consensus on whether UK home conservatories are causing a price drop in UK properties. Some experts argue that adding a conservatory to a property can increase its value, while others suggest that the opposite may be true.
One potential reason for a drop in property value associated with conservatories is that they can often be seen as a cheap or low-quality addition to a home. In some cases, conservatories may not be built to the same standards as the rest of the property and may lack the same level of insulation, leading to issues with damp, condensation, and other problems.
A recent article on a leading financial website suggests that in some cases a conservatory can reduce the value of a property by quite a considerable amount. The article on This is Money quotes Chris Hodgkinson, the managing director of the House Buyer Bureau, who has said that "a conservatory that's likely to get very hot in summer and very cold in winter can devalue a home by as much as £15,000 as it is effectively useless".
The article also goes on to say that a spokesman for a leading estate agency in the North states that they are seeing people "turn their conservatory into another room or taking the traditional glass or plastic roof off and replacing it with a proper roof" and quotes that they just 'unusable' otherwise.
However, there are many factors that can influence property values, including location, local market conditions, and the quality of the conservatory itself. Some experts argue that a well-designed, high-quality conservatory can add significant value to a property, particularly if it enhances the living space or improves the property's overall aesthetic appeal.
Ultimately, the impact of a conservatory on the value of a property will depend on a range of factors, and it's difficult to make generalisations about its effects. If you're considering adding a conservatory to your home, it's important to research the local property market and consult with real estate professionals to understand how it may impact your property's value.
If you already own a property with a conservatory and you want to retain its value we recommend that it is updated with a new tiled roof or a properly insulated roof such as the conservatory roof insulation system provided by companies such as Conservatory Insulation Specialists Ltd.
Is your conservatory losing you money?
It doesn't have to be that way when you add conservatory roof insulation or a brand new lightweight tiled roof