How much more expensive are bungalows than houses? How much do new bathrooms and kitchens add to house value?

[KievLoverTwo]

It's sort of a 'how long is a piece of string' type question, but from my observations:

• Asking price is usually about 25% more expensive than surrounding houses for bungalows
• You usually get about 30-40% less floor space too

Would you agree?

I'm trying to price up the value of a house I'm considering buying versus nearby bungalows that have sold.

Separately:

Bungalow has fancy new kitchen and two fancy new bathrooms, it's been very modernised, big rolltop bath with a shower over, another bathroom with smart walk in shower, lovely Victorian style bathroom fixtures (very smart and modern throughout, actually). Kitchen fully fitted out with beautifully inbuilt American FF, two chest height ovens, lovely island. Old house has 30 year old stuff (kitchen might be 15 years old but very old fashioned with very little cupboard space and one of those poxy ovens in the corner against a false wall type setup), small shower cubicles and a smaller than average bath rammed in quite a tight space.

How much would you add to the value of a house (whether a bungalow or not) for having new a smart kitchen and bathrooms?

Tyia.

You’re comparing a bungalow that’s been looked after and enhanced vs a neglected unmaintained house. I’d add -40%.

West Australian here (every house was single level until recent years) but have lived in the UK. I would go for the bungalow every time. The convenience of having everything on the one level overrides everything for me. Every room is just … there.

That 25% extra is for the comfort and convenience. Don’t forget to count the size of the garden, too.

I bought a bungalow on a huge plot but it was the same cost as the local houses. I don't think they're worth more here. They often have insulation and mould issues

(South rural England near large town!)

Depending on the level of kitchen and bathrooms, between £50-80k

It's interesting that bungalows go for 25% more than two storey houses in your area. It would be different in mine where many people would rule out a bungalow as they don't feel totally secure sleeping on the ground floor. Those who are older might go for the bungalow though. Are both houses detached or semi-detached? Obviously something detached with a larger garden would always go for more.

If the renovated kitchen and bathrooms happened to be my taste and the sort I would keep, I'd pay an extra £50k or so to be saved the hassle of immediately replacing them. I wouldn't chose to live in a bungalow though. Just personal choice.

I have kept an eye on bungalows for several years because I struggle with lower body pain, but I don't really truly want one: they tend to be too compact and you feel like you are on top of one another, and you definitely get a ton less floor space and garden.

Areas we have looked extensively in with this price trend: N Yorkshire, West Yorkshire, Nottinghamshire, Lancashire and now County Durham too. They all follow this higher price/lower space trend, repeatedly.

We have not really looked in cities or busy towns where security would be much of an issue.

Thanks for your thoughts on refurb costs.

And light level issues. They should just build the damn things two or three feet taller so they don't feel like troll's caves.

Had no idea they often have insulation issues. Why is that then?

My parents sold a 4 storey townhouse in Yorkshire and that only bought them a 3 bed (2 bedrooms + a box room) bungalow in County Durham, albeit on a massive corner plot. It was in poor condition as many are so they have gutted it and we are getting Estate agents round to re-value. So yes that would fit in with your findings.

It seems to be just as prominent there as any of the other counties.

I have noticed an influx of new build or flipped bungalows in pretty dodgy areas for 400-450k. Really flashy looking, but you wouldn't want your gran to live there.

Capitalising on folks not wanting to do refurbs, I guess.

Yes definitely amd that's why my parents decided they would rather do the work themselves. It has cost ££ and been massively stressful at their time of life (late 70s) but at least they aren't lining the pockets of a developer and they have done it to their specs. They have damproofed and dry lined every external wall as there were some damp issues etc, put new heating system inc boiler + radiators in plus a brand new bathroom and built an extension and utility room.

In my city bungalows are alot more expensive than houses and depending on the sub division there is less land.

I'm buying one and I don't think it's that much smaller than when I had a two bedroom house. It's got a good sized yard and a garage.

I love bungalows. I think they are really worth the money.

Where I have lived, in the Midlands and the North of England, bungalows go for more than houses of the same age, size and type.
Where I used to live, a 2-bed semi bungalow was about the same or more as a three-bed semi house on the same estate- and the houses were on bigger plots. Much the same round here.

I love my bungalow. It wasn't any more expensive than houses of the same size and has no insulation or mould (not sure why that would be the case!). We've extended ours a lot as the plot is big compared to most houses we looked at for this price.

Hello all, I have just home across this post. I purchased a Marketed as a Bungalow off plan, it's actually a 3 bed detached in west Yorkshire. Clearly so the developer could command a higher price, the workmanship is poor & the developer is fobbing me off. Anyone had any experience/situation the same, did you take it further?

Bungalows are more expensive because they have a bigger plot of land. Think you have all the rooms on one level. You're t

Oops... you're right though, they do have less floor space. This bungalow you describe sounds lovely, I would agree with PP it'll be 40% more potentially!

I think the refurbished bungalow sounds lovely. The plot sizes tend to be quite a lot larger than than those in new build houses but are square when people might want a longer garden with dining/seating spaces.

The workmanship is another matter, you need to start your own thread.

This one is five or six months old, the bungalow is off the table, people.