Conservatories are indeed a very English architectural flavour. While these structures have existed for hundreds of years, their timeless appeal continues to resonate with homeowners well into the present day. These additions have also taken on a decidedly luxurious nature thanks to the sheer variety of styles and sizes to choose from.
The conservatories installed in Sheffield will also benefit from the use of energy-saving materials that are capable of saving hundreds of pounds every year in terms of heating and cooling costs. If you are considering such an addition to your home, it is important to take a look at the financial “bottom line”. How much value can a conservatory add to a property?
We should first briefly mention that the installation costs of a conservatory will obviously impact the amount of value that it can add to a home. For example, extremely expensive conservatories can cost upwards of £40,000 pounds or more.
While this is fine if you plan on living at the residence for the next 15 years, you are not likely to see a return on investment (ROI) if the property is placed on the market in the near future.
Estimating the value added to your home will need to take into account numerous factors such as the materials used during the construction of the conservatory, the presence of energy-saving technologies (such as double-glazed windows) and the size of the conservatory itself.
However, it is thought that a conservatory which costs between £4,000 and £10,000 pounds could very well increase the value of an average home by as much as five per cent. This is a welcome alternative if you cannot afford more substantial renovations such as a new bathroom or an extra bedroom.
If you would like a more detailed analysis of how a conservatory can positively impact the market value of your home, please speak with an expert at Don Valley Windows. We are also quite happy to schedule a consultation at your convenience.