An easy way to increase your property value by up to 5%
Aidan Bell Dec 20, 2017
In a recent study conducted by the well-respected east England estate agent, Boyden’s, it was found that the simple addition of composite decking could increase a property’s value by 5%. To put that in perspective the average property price in East England is £294,000, meaning a small investment of around £2000 could result in a return of more than £14,000. A sevenfold return on investment is not bad for a weekend project that would also provide you with a much improved garden space to enjoy over the summer.
The garden is a crucial, and in many cases underutilised, element when marketing a property, a recent study found that 40% of buyers in the UK wouldn’t consider a property without a garden. As a result of this, if you have one, investing in the space is a great way to make your home stand out. Thus it will enable you to maximise your return, and the level of interest your property receives.
So why composite decking? The short it will maintain its value for far longer than conventional wood decking. This is because composite decking is easier to clean, maintain and comes with a far longer warranty. For comparison wood decking will tend to rot after 5 years, particularly in the bracing British winters, composite decking on the other hand comes with a warranty of at least 15 years and will likely far out live that. This means that you will be able to enjoy the space for years and still benefit from the value added, as opposed to wooden decking which would maintain its added value for significantly less time when in use.
In addition to this, composite decking also benefits from a higher slip rating making it far safer for family homes. It’s also as aesthetically pleasing, if not more so, than conventional decking as a result of the range of colours and variants available. These are just 3 of the reasons composite decking is quickly becoming one of the most popular garden additions in the UK.
At Envirobuild we go two steps further than this with our offering, we offer design consultation and contractor recommendations. As well as making sure our products do the most environmental good possible, we do this by making sure all the constituents of our products are from renewable sources and we donate 10% of our profits to environmental charities such as the Rainforest Trust.