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Home Office can increase value of your property by £25,000

Home office can increase value of your property by £25,000

Home office can increase value of your property by £25,000

Having a home office or garden office can increase the value of your property by at least £25,000, according to research carried out by Enterprise Nation.

A comparison of house prices, undertaken in association with Homefinder UK, has confirmed that it really does pay to work from home with increases in property values ranging from the smallest differential of £2,450 through to a whopping £80,000. This is an £80,000 difference in the amount being offered for two similar houses located in the same area; one with a home office and the other without.

The same value-added applies to having a garden office. With figures sourced from leading garden office provider, Henley Garden Buildings Ltd, Enterprise Nation can reveal that the residual value of the garden building can add anything from 3-5% to the value of your property. In some cases estate agents have attributed a value increase more than twice the full retail price of the garden office.

“These results show that not only can you save on costs through working from home, you can also earn a significant sum, just through the rise in property value. This is just one of the reasons why thousands of people every day are turning their home into a place of business. If you had not thought about homeworking before, then think again," said Emma Jones of Enterprise Nation.

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