Why Garages Add Value to Homes in the UK Housing Market

Houses with Garage in the UK: Key Statistics

Benefits of Owing a House With a Garage

1. Secure Parking in High-Demand Areas

Today, parking has become one of the most sought-after commodities, especially in all the towns in the UK. One of the main priorities of residents is comfort and safety in their homes, so homebuyers are interested in houses and flats with their own enclosed parking lots so they can avoid searching for a parking space every time on the streets. A garage also has extra value as it protects the cars against theft and vandals, or extreme weather conditions. This rendered homes with garages as premium commodities, more especially in London, Manchester and Birmingham among other Urban centres.

2. Flexible Usage

Garage is not just a place for parking your car, it is much more and can be converted into any type of space. A large number of homeowners repurpose their garages as home gyms, offices or workshops while others use them for storing more items. This aspect is attractive to the buyers as it allows them to have an area that they can easily rearrange to suit their diverse needs. Given that significant numbers of employees in the UK continue to work from home, there is an increased need for practical workspace conversions, of which garages are particularly suitable.

3. Energy Efficiency and Sustainability

Modern garages can be designed to contribute to the energy efficiency of a property. For instance, insulated garages maintain a steady temperature, meaning less heating is needed for adjacent rooms. Moreover, garages are increasingly being equipped with electric vehicle charging points, a feature that goes hand in hand with the UK's move toward greener living and the government's aim to stop the sale of new petrol and diesel cars by 2030. Homes with EV-ready garages appeal particularly to green-conscious buyers.

4. Increased Market Demand

The research done on real estate proves that houses with garages are more expensive and sell faster than other premises. Several real estate platforms show that if the house has a garage it can bring an additional value of 5-10% depending on the area and the state of the garage. This is due to the utility of the garages which makes them valuable investments for the homeowners. You can visit estateagentpower.com to explore residential properties with multiple features across different areas in the UK or internationally.

6. Boosting Kerb Appeal

The appearance of a home through colour, designs and graphics is an important factor that helps in marketing the home. A clean and attractive garage, especially if it matches the house structure has a positive impact on people’s perception of the house. On the other hand, when a garage is left ignored or rusty it becomes an obstacle and can lower the attraction of buyers to the home.