Installing one new garden feature could increase your home's value by 20% this spring
Installing a pergola can significantly enhance a home's value by up to 20%, especially as gardening becomes popular in the spring season.
As spring approaches and outdoor temperatures rise, homeowners in the UK are being encouraged to enhance their gardens with new features. Experts from Harbour Lifestyle highlight that the addition of a pergola can notably increase a property's appeal and market value. This structure not only offers a covered area for dining and relaxation but also transforms outdoor spaces into usable areas throughout the year.
Reports indicate that buyers are willing to pay up to 20% more for homes equipped with well-designed gardens, particularly those that feature amenities like pergolas. Given that the average property price in the UK is around Β£300,000, this could result in an increase of as much as Β£60,000 in home value just by adding a pergola. Moreover, the investment necessary to add a pergola is relatively modest, with average costs reported to be approximately Β£2,500.
This trend suggests that homeowners should consider investing in their outdoor spaces, particularly features that allow for more versatile and enjoyable uses of gardens. As the demand for properties with attractive outdoor areas grows, those who fail to enhance their homes' exterior might find themselves at a disadvantage in a competitive market, especially as more buyers prioritize outdoor living spaces.