 Homeowners with off-street parking can save |
House hunters are willing to pay tens of thousands of pounds extra for homes with special features, according to new research from Bradford & Bingley Estate Agents.
Garages and car parking spaces are homebuyers' most sought after extra. In London, houses with garages can fetch an extra �50,000.
In other major British cities, off-street parking can add up to �20,000 to the value of a house, falling to �10,000 in villages.
Outside space is also important for potential house buyers, with gardens boosting house prices by about �20,000.
For homebuyers with young children, proximity to good local schools came high on the list of priorities. House-hunting families were willing to pay a premium of 10% for homes in the right school catchment area.
Homebuyer 'Must haves' 1 Parking space 2 Garden 3 Good local school Bradford & Bingley |
Good links to public transport were the fourth most sought-after feature among potential buyers, while having a dining room in which to entertain visitors, came fifth. Each of these features could add up to �20,000 to the value of a home.
"Our research does show that if you are fortunate enough to have at least one of the priorities on a buyer's wish list, you may be able to ask a premium for your home," said Gary Verity of Bradford & Bingley Estate Agents.