12 Apr Does Adding a Porch To Your House Add Value?
A front porch can be a huge selling point for potential buyers, especially families looking for a little extra room for getting children and pets ready to leave the house. But do they add real value to a house, or are they simply a lovely addition?
If you’re thinking about adding a porch to your house, this post will answer some of the most common questions we get asked about them at Park Lane Windows, Doors & Conservatories.
Does a porch add value to your home?
If you’re planning on selling your home, there are two types of value you need to consider: perceived value and actual value. The actual value of your home is determined by the number of bedrooms, bathrooms, square footage, etc. However, perceived value comes from things that don’t actually boost the home’s resale value but make the home easier to sell because they are desired by buyers. This could be stunning new flooring, excellent staging, etc.
A new porch can fall under both of these categories. Since it’s adding space to your home, it can make your home more valuable than neighbours who don’t have one. On the other hand, a new porch can add serious curb appeal, upping the perceived value.
The bottom line is yes! Adding a new porch can add value to your home.
What’s the return on monetary investment?
When it comes time to sell, you’ll want to recoup the money you spend on a porch. So, what’s the return on your investment? The average return on a porch is around 82%, depending on the housing market. But if conditions are right, it’s possible to make a profit by adding a porch, as long as it’s professionally designed and executed.
Are porches included in square footage?
For a porch to be included in the square footage of your home, it needs to be enclosed. If you have a partial porch that doesn’t have a door, it won’t be added to your square footage for resale purposes.
Boost your curb appeal
Around 68% of home buyers believe curb appeal is important when buying a home. The exterior of your house is a reflection of what’s inside. The nicer it is, the more buyers will be interested in viewings it.
Adding a porch to the front of your home transforms the curb appeal. It looks modern and spacious and gives the impression of a more valuable property.
Add a beautiful new porch to your home
At Park Lane, we specialise in designing and building functional, modern porches for our clients in Northamptonshire. We’ll work with you to design the best layout for your property and can customise the plans to your requirements.
If you’re unsure whether a porch is possible for your home, head to our porch guide, where we walk through the most important factors for front porch extensions.