Obtaining planning permission for an extension to your property can increase its value by as much as 15%*
*without undertaking any building work
IMPROVED MARKET DESIRABILITY
It’s no secret that simply obtaining planning permission for an extension to your property can add significant value to your home and improve general market desirability.
Would-be buyers can instantly appreciate the realistic potential of your property and take a long-term view of the purchase when considering future development and expansion to accommodate a growing family or elderly relatives for example. People are prepared to pay for this ‘potential’…..
ALSO APPLIES TO COMMERCIAL PROPERTY
The same can also be said for commercial properties, such as shops, offices and industrial units. Companies place huge importance on the potential for expansion and continuity to accommodate business growth.
If this can be accommodated through the construction of an extension to a commercial property it removes the need for an often costly and disruptive business relocation in the future.
INCREASED VALUE & QUICKER SALES
Not only does obtaining planning permission help property sellers leverage better sale prices (when compared with similar property locally without planning permission) but also sellers with planning permission for an extension almost always generate increased interest which often translates to quicker sales.
Why isn't this more common?
Why do so few people actually take the opportunity to maximise the sale price of their property by obtaining planning permission for an extension prior to sale?
We believe that typical Architectural fees of up to £2,500.00 for a standard two storey extension are responsible for deterring many, as such a significant outlay substantially reduces any potential increase in value.
PlanExtend’s price for a comparative service is just £449.99.
Our value for money extension design and planning application solution enables you to maximise an increase to your property’s sale price for a minimum cost.
3 BED SEMI-DETACHED HOUSE (no planning permission) Current Value = £200,000.00
Planning permission obtained for 2 storey extension to house:
- First floor – new master bedroom with ensuite and dressing room
- Ground floor – existing kitchen enlarged with new adjoining family room
3 BED SEMI DETACHED HOUSE (with planning permission) Revised Value = £216,000.00 (nominal 8% increase)
House sale price Increase = £16,000.00
Typical Architects Fees = £2,500.00 Potential sale price increase less architects fees: £13,500.00
PlanExtend Cost = £449.99 Potential sale price increase less PlanExtend costs: £15,555.00
Thinking of selling your home? Let us maximise your property sale price
Why not use PlanExtend to obtain planning permission for an extension to your home before placing it on the market.
You could benefit from a significant increase in value for a comparatively small cost.