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Property/DIY

What value do you place on a garden?

13 replies

AnnIonicIsoTronic · 14/01/2013 18:28

Two literally identical (large) houses - apart from the garden.

House 1 basically has a lawned patio. Overlooked.

House 2 has a substantial garden. Think a couple of trees, a trampoline, football goal - the works.

Is it equivalent to 10k discount on £500,000 base valuation? £50K ? £100k? Or is a large effectively garden-less suburban house unsellable?

OP posts:
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VivaLeBeaver · 14/01/2013 18:33

When I bought my current house it was 130k. Another slightly bigger house had same size garden and was 125k, but garden was at the side of the house not the back. Which I hated as in full view of the road.

I paid 5k more for a smaller house but nicer garden.

For a house worth 500k I'd say the difference would be much greater. Especially as one garden so small. I'd say between 30k and 50k but it depends who like the house.

It may well be unsellable to a family but a retired couple might not be bothered.

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MsIngaFewmarbles · 14/01/2013 18:36

Our NDN has just sold their house for 310k. A friend of a friend sold theirs in our road but with twice as large garden and not so overlooked for 340k. No difference in catchments for schools or anything I can think of.

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MsIngaFewmarbles · 14/01/2013 18:36

Our NDN has just sold their house for 310k. A friend of a friend sold theirs in our road but with twice as large garden and not so overlooked for 340k. No difference in catchments for schools or anything I can think of.

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MsIngaFewmarbles · 14/01/2013 18:36

Decor and general state of houses much of a muchness too.

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RCheshire · 14/01/2013 18:49

There's a house I like for sale at 440k with a patio/cottage garden. If it had a drive and decent front and back lawns then I'd be interested and would easily pay 50k more than I would without.

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ToeCap · 14/01/2013 18:53

I would pay considerably more for a large garden. It is vital to me.

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Mandy21 · 14/01/2013 19:05

Bit of an assumption but I'm guessing most prospective purchasers of a £500k house would be families and most families wouldn't consider a house without a decent garden. I don't think its makes it unsellable, but I think it certainly limits its appeal. I for one wouldn't consider a house without enough space for children to play.

I think on that kind of value, I'd think you'd be looking at least £30-£40K more for a big garden.

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Oreocrumbs · 14/01/2013 22:05

I paid 8% more for a bigger garden in this house (from an identical one i also viewed 2 doors down). Apart from having more space, it also improved the outlook.

For me the garden is very important, and I would probably pay at least 10%more for a good garden.

I would not consider a house (of family size) that had little or no garden. For me it is a deal breaker to have a good outside play space. Especially in the 500K price bracket.

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Rhubarbgarden · 14/01/2013 22:22

The garden is more important to me than the house. I wouldn't bother looking at a house with a patio garden even if it was my dream house apart from that.

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serin · 14/01/2013 23:15

I agree with Rhubarb, I would happily live in a caravan in a field but not a flat. I need outdoor space.

We bought current house because of the garden, house was falling down but the garden is our oasis.

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PigletJohn · 15/01/2013 00:14

In your example, it would take £50k or £100k difference to make me consider the gardenless one.

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ILikeToMowIt · 15/01/2013 10:01

The large garden was also an important factor for us when we bought our current house: With two busy dc we were not even considering patio gardens, and we were very much looking for the a couple of trees, a trampoline, football goal - the works you were talking about. Whereas we were looking at large plots with tiny houses for huge asking prices, I think that even a £50-100K difference might not have made me consider a house without a garden. The thing is that over time you can improve and extend a small and neglegted house, but this is not possible for a garden.

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noisytoys · 15/01/2013 12:01

i bought a very large flay with no outside space at all and really regret it. The flat is bigger than a lot of houses around here, but the lack of outside space makes it feel so claustrophobic I cant wait to move somewhere with a garden

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