Ground floor House Extension in New Malden

Does A Single Storey Extension Add Value To Your House?

When you’re looking to construct a single storey extension or perhaps you’re just searching for means to increase the value of your property, this question always pops up. The short and simple answer to this question is a resounding yes, a single storey extension can go a long way to increase the value of your property. Just like any other home improvement, when done right, adding a little extra living space is one of the top things you can probably think of that’ll provide a cool increase in your property’s value. However, before you rush in you must also take note of some factors so you can be certain a single storey extension is the right option for you. These factors include the quality of the build, complexity of the build, cost of the build versus the value gain, ceiling price in the area, finance costs as well as the inconveniences and stress.

Generally, the average cost of a single storey extension can range from £34,000 to £37,000. For this price, you should get a standard sized rear or side extension which also includes the cost of a kitchen - it’s the most commonly use for a single story extension especially in the UK. So it’s important to know the value they’ll add to your house before deciding to make such an investment.

The value added to your property will depend largely on the quality and size of your single storey extension. The value is usually calculated by estate agents using the number of bedrooms, bathrooms as well as the floor area. Inside London, it’ll typically be priced at £5,000 to £10,000 per square metre, while outside London should be within the range of £900 to £2,000 per square metre.

Being the most used room in a house, it’s little surprise kitchen extension are usually one of the most popular requests in the UK. They do not only open up a frequently used space in your home, but also goes a long way to add value to your property. However, to know the value that’ll added you must first determine the cost of building such an extension before moving forward. Generally, a typical kitchen extension will cost within the range of £20,000 to about £50,000 plus VAT, based on the size of your project as well as your location.

In reality, a single accurate cost of a kitchen extension will vary depending on a lot of influencing factors, one of which is the type of the extension. Let’s take a look!

✓ Rear extension. You may want to consider this type, if you do not have sufficient space for a side return. This will extend your kitchen into your garden which implies that you’re going to give up some green space to make this a reality. The average price to have this done in London will be about £30,000 or more including VAT, and about £20,000 plus VAT or more in other areas.

✓ Side return extension. This, normally, isn’t a huge add to your property, but will create a lot of space for your kitchen while also be a lot reasonable in terms of cost. This type will extend your home into an alleyway at the side of your property if any is available there. On average, the cost of the side return extension should be about £50,000 plus VAT in London and a lot less in the other regions.

If you’re planning to build a single story house extension, this is one of the first questions that usually comes to mind to help you set a budget and start to make plans. But as simple as it seems, a single accurate answer can not be provided due to the fact that there are several variables that can play a key role in influencing the price of a single story house extension. These variables includes the size, location, design or specification as well as the build route. In this guide, we’ll provide you with a rough estimate that you can work with to put you on the right path.

The main determinant of the cost of a single storey extension is the size of the build, while the next most relevant factor is the quality of the finish you opt for. For a small extension, you can expect to spend a sum within the range of £14,000 to £17,000. Meanwhile for a larger single storey extension, if you opt for a large wrap around the extension with a great amount of glass to be incorporated in both the walls and roof, you can expect to pay a sum within the range of £80,000 to £120,000.

Overall, the average cost of a single story house extension is usually within the range of £34,000 to £37,000. For this price, you should get a standard sized rear or side extension which also includes the cost of a kitchen - it’s the most commonly use for a single story extension especially in the UK.

There are some additional costs you may also need to factor in to your extension budget. These includes surveys, architect fees, planning application fee (if needed), insurance and Party Wall Agreement (if needed).

If you’re planning to add a kitchen extension to your property or perhaps you’re simply looking for ways to increase the value of your property, this is one of the common questions that usually pops up. A simple answer to this question is yes, a kitchen extension will add value to your house. With a kitchen being one of the most frequently used room in a house, adding an extra space to the commonly used room can only increase the value of the entire property. However, to determine the value added by such an extension, there’s a need to calculate the cost of setting one up first.

Kitchen extension costs are greatly influenced by a wide range of variables such as the size, type of the extension and specifications, your location, professional fees, materials used and more. Overall, the type of the extension you opt for will play the most significant role in the determination of your kitchen extension cost. Here, we’ll be looking at a single storey kitchen extension.

For a single storey kitchen extension, you can expect your home’s market value to increase within the range of 5 percent to about 10 percent. When trying to calculate the cost of kitchen extension, it’s crucial to take into account how much value it’ll add to your home so as to make sure that the amount expended will not outweigh the expected value to be added by the project.

For a more accurate idea, there’s the need to consult local estate agents. However, for a much needed guideline, single storey kitchen extensions are usually able to add about 5 to 10 percent to a home’s value, while double storey extension should be up to 20 percent. But as stated earlier, this will depend on several variables.