Is private parking worth £100k?

[Mrsredlipstick]

I'm trying to decide between two downsizer's cottages. 200 metres apart. One has parking spaces, the other one on road only but directly outside the house.
We have two/three cars.

No, you could buy a whole house for that price, that's insane.

Really depends how easy it is to find a space. Or other factotrs like whether you're likely to want to put in an electric charger.

I wouldn’t buy a house without parking, unless I didn’t have a car. Whether it’s worth 100k depends. Are the houses exactly the same apart from parking?

Yes.

What % of the overall price is the £100k difference? On a £200k house -no. On a £1m house - probably.

Are the on-road spaces specific to the house and how likely are you to usually get a space at your door?

The thing about dedicated parking , as you get older, is that it makes off loading / loading the car easier rather than say, lugging everything along the street.

I would think , if you have 3 cars to park, it would ba handy to get a couple of them off the street.

Definitely would be worth it for my DH, who likes to tinker with his car.

So, it depends🤷🏻‍♀️

It’s all relative, could I personally afford an extra £100k for parking, nope unfortunately not but also would I buy a house without parking, also nope absolutely not.

Where would you park if not in the driveway? I think if you have 3 cars then you need to have a plan to park them without clogging up the local streets, but if there’s plenty of parking around the area then I wouldn’t pay for a driveway. How long are you likely to have 3 cars? Does one belong to a “child” who’s likely to move out soon?

One car is for adult DC. Off in next couple of years. We would probably get a disabled bay due to a disability.
Both houses roughly the same size.
Very expensive town that uses resident parking discs

One house is 22% more expensive.

Could you make parking spaces at less?
you don’t have to offer the asking price, if spec and condition and size are similar then base your offer on parking not being 100k difference and offer what feels fair to you

So they are in the 450k mark?

Why wouldn't you just say the prices?? Are you trying to be mysterious?

If it's the difference between 450 and 550, yes it's probably worth it. I can't imagine the properties are identical, so are there are further redeeming features to help you justify the extra cost?

Usually disabled bays are not for specific users, so any blue badge holder can use them. I wouldn't rely on a disabled bay if I was disabled and needed parking nearby.

I'd consider offering less if all things are equal and the market isn't hot

I wouldn't even view a house without off road parking to be honest. But then one of our cars is an EV and DH does most of the servicing repairs on our other cars himself, which you can't really do on tbe public road.
My first house didn't have any private parking and I came to hate it. Every time I came home it was stressful. Would I be able to park anywhere near the house or was I going to end up parking a considerable distance away and then potentially get yelled at by the people who lived there? Not to mention the number of people who would park right on your bumper making even getting out safely a laborious process. And if you left, someone would be in the space within minutes so if I actually got a space outside my house when I got home there was no nipping out again because I had forgotten milk! It sounds trivial, and I didn't think it would be a big problem when I bought it, but day in day out it ground me down and I decided I was never going to get another house without off street parking if I could possibly avoid it.
If it is a quiet road with plenty of space, and you never do any work on your own car then i guess it is different but it would be a non negotiable for me. I'd rather have a less nice house with a drive than a better one where I had to fight to park every single day.

I wouldn’t buy without parking for as many cars you have

My DH is pushing for the parking option.

If you have a disability surely the parking option is going to be best for you? You then have controlled access to your property without having to stress or gamble on the council giving you a convenient disabled bay.

The parking can be an issue as people from out of town look for free parking. I've just got to justify the difference as we're trying to cut costs. It will only be a 5 year house so needs to sell well later on. Both houses have been substantially reduced due to the market.

We are one of 4 houses in our street with off road parking. The streets around us also have very few houses with drives/garages. It's a nightmare to park as we're the first 'free' street near the town centre from our direction and also we are inconveniently near the train station. I think people head in on a Monday morning to commute for the week and pick up again on the Friday.

It would have been an absolute no to buying our house without the drive. We extended the gravel area once, and are about to do it again (we've been offered a caravan and I'm not one to turn down a free caravan...). We have a few friends in the town with permission to borrow a space from us anytime rather than pay for town centre parking.

With the potential for electric cars in the future it would be better to have your own parking off road - I don't know what will happen to cars parked on road as running wires over pavements are going to be a hazard. A drive will future-proof that for you, and also buyers when the time comes to sell.

Very expensive town that uses resident parking discs
You've got 3 cars. You need parking space for 2 of them.
Get the one with parking space.

I would think that the house with parking would be likely to sell more easily in the future, especially if not many in the area have it. It's important to a lot of people, especially with the increase in EVs so I'd think it would be a good selling point.

You wouldn't be guaranteed the disabled space, particularly if it's a popular road for parking. Anyone with a blue badge could use it.

As another poster mentioned what about charging too? You will probably want that at some point in the future even if not now.

For moving to a town centre, with resident discs for 1 car, one of our provisos was that we had to have parking (have 4 cars between 5 adults) and quite apart from anything else, we didn't want to constantly pee off the neighbours if we parked 4 cars in the street!
We witness absolute bun fights from 4pm onwards for spaces and are exceedingly glad not to have to join in. All spaces are constantly full and double yellow parking is normal every evening and weekend (with tickets sometimes) as you simply can't park anywhere else. Our 70s neighbour says that it's worse than it's ever been (she's been here for 40 years). If you have the money, I would pay it to avoid the headache.

Dear mumsnetters you are making me think the on road parking isn't going to work. We are buying an electric car but can charge it at work.

It can work but even with permits you can't guarantee a parking space outside your house. You also get things like neighbours asking you to not park outside their house. Mine does and it's annoying. I move it only if it's convenient but they have the cheek to knock on my door to ask.
You also get things like people parking untidily so they take nearly the space of two cars. Very annoying if you've parked halfway up the street, it's tipping it down and you have shopping and toddler to get in the house.

5 years can end up being longer.