A common question asked when buying a home with an extension is wondering how much value it adds to the house? The answer is not simple however there are certain factors you should consider:
- Does the extension take up a lot of space around the property or is it a verticle extension?
- If it does take up space what could that space have been used for? Is it useful space or was it space that could not have been used for anything?
- Does the extension add to the properties ascetics? Or is it a different design to the original structure?
- Is the extension needed?
If you believe that the property extension adds value to the property and does not take up space which could have been utilised in a better way then it is safe to believe that the extension does add value, how much value depends on the type of property.