Compare the cheapest products online
The provision of parking space can have a significant impact on the value of a home, it has been suggested.Speaking to the Daily Telegraph, Ed Mead of estate agents Douglas & Gordon points out that in London "parking space is the single biggest unique selling point and will add value out of all proportion to a property".Indeed, he suggests that adding a space at a cost of £25,000 to a £500,000 property will see more than double the original investment be added to the overall value of the home.As such, increasing a home's parking facilities could prove to be an effective DIY project.The publication also reveals that the cost of a three-bedroom house with a parking space in Bathwick Place, Bath from Ash Mill Developments currently stands at £825,000.However, the same home with an additional parking space sees an extra £30,000 be added on to the value of the property.The potential benefits of carrying out such a DIY project can be seen as a 2007 study by Halifax revealed 61 per cent of people view off-street parking to be an essential feature to a home.Written by Thomas Morris
N.B. The information contained in this story is provided by the supplier and does not necessarily reflect the views and opinions of lets-do-diy.com.
How to lay turf
How to repair a lawn
How to install UPVC guttering
Need DIY advice? Discuss Gardens in our forum.