To Build or not to Build...

25th May 2022

Should Sellers Consider Building Work to Add Value to a Property Before Putting it on the Market?

When you decide to sell a property for whatever reason, one of the main considerations will always be how to maximise the market price.

The first thing to remember is that the price something sells for will not always be the valuation an estate agent gives you! 

Sadly there are some agents that give our industry a bad name and one of the ways they do this is by inflating the figure that they tell you your property is worth simply to get you 'on their books'. It is also worth bearing in mind that some agents get paid by their respective companies when you agree to use their services, leaving little incentive for them to dedicate time to actually market and sell your home.

This is why it's always best to get a number of different valuations. Not only will you be able to get a sense of the people who will actually be selling your property for you, you'll also be able to spot if any are giving you unrealistic financial targets.

Add value

A good local estate agent will know how much your property is really worth, taking into account location, condition and layout to come to a figure that will be achieved or even exceeded. 

At Maslen we pride ourselves on giving our clients accurate and achievable valuations so that they can plan ahead. In fact, last year we achieved more than 100% of final asking prices for the total number of properties we marketed. 

No matter what the current layout or condition of your home, there are some tried and tested ways to improve things to add value, although of course the outlay must always be less than the expected increase.

Is building work worth it?

When you look at what kind of improvements might be worthwhile the main question is how much value they will add to the overall worth of the property. Any work done must also be to professional standards and adhere to all relevant legal requirements.

Of course, the type of property also has a great deal of bearing on what can be achieved. For instance, an extension creating a double bedroom and en-suite to an average three bedroom house could add as much as around 20% in value. 

For a larger high-end property, a cellar conversion could be worth and extra 30% potential added value.

A home with an integral garage might benefit from converting it to living space as it could add 15% to the overall worth. This makes great sense if there is parking space outside at the front of the property or even on the roadside. 

A loft conversion to add a bedroom is another very popular option and as long as it is allowed by local planning regulations can easily add 15% to the value of your home. 

Time restraints

Of course, all of these options take time as well as money and can be quite disruptive to current day to day life while the work is going on. Also, it's easy to make the mistake of finishing the work to your own personal tastes when the object is to make it an attractive selling addition, so it can be hard to stay objective about the end results.

The best thing to do is to talk it over with an estate agent. We can help you come to a decision as to whether or not the extra outlay would be justified in terms of the current market conditions and taking into account your own plans and preferences. 

If you like to chat about this get in touch today. Call us on 01273 566 777, we’re always happy to give you any advice and help you need to make a decision that’s right for you. 

Testimonials

  • Cannot express our appreciation enough of all the efforts made by the Woodingdean team - they were fantastic.

    Mr John Mogridge Woodingdean

  • I would recommend Maslen to anyone. 

    Mrs Tripp Woodingdean

  • Maslens as a whole were really friendly and professional. I have to thank and congratulate Paula Carter for being superb at her job and exceeding m...

    Ms Warren Hove

  • Very pleased with the service. Many thanks to Sharon and the boys!

    Mr Flynn Woodingdean

  • Great service, always polite and friendly. Excellent contact and info all the way.

    Mr Wells Bishops Road

  • From start to finish the sale was dealt with in a thoroughly professional manner.  

    Mr Gibbs Lewes Road

  • Our local office manager, Sharon Wareham was warm and friendly and kept us up to date at all times.

    Mr Hope The Brow

  • Paula was absolutely amazing!

    Mr & Mrs MacKay Lewes Road

  • I was new to the area and viewed a lot of properties with a lot of different agents. Maslens were by far the best I came in contact with, so when i...

    Mr & Mrs Heer Lewes Road

  • Paula's role was brilliant. Having someone office based and available was so appreciated and her promptness an impressive service - every Estate Agent...

    Ms Wynn-Jones Baxter Street

  • Please thank Paula at Lewes Road - Excellent service. 

    Mr & Mrs Nuthall Lewes Road

  • As always, an excellent service. 

    Mr & Mrs Field Lewes Road

  • The Woodingdean team were very friendly and approachable.

    Mrs Palmer Pitt Gardens

  • Very happy with the service we got from you guys, everyone we dealt with was extremely friendly, professional and helpful. Thanks!

    Mr Brown Titian Road

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    Miss Jasper Taunton Road

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    Ms Tucker Willow Close

  • Very impressed with the service. Sharon Wareham works tirelessly, very professionally and is always there for advice. 

    Miss Matthews Kipling Avenue

  • Very, very happy we chose you, felt right from the start! Thank you!

    Miss Blackadder Coniston Court, Holland Road

  • Paula was fabulous and we felt really informed and supported. 

    Mr & Mrs Walker Lewes Road

  • First class service from a first class team.

    Mr & Mrs English The Ridgway

  • A good team at Woodingdean helped us through a stressful time.

    Mr & Mrs Penton Sycamore Close

  • We were very impressed with the Nick from start to finish. 

    Mr & Mrs Smith Lewes Road

  • You were amazingly helpful throughout - a real pillar of strength with a very difficult sale.

    Mrs Parkin Fiveways

  • The whole team were excellent, each one of them felt like family. Sharon had a lot of sorting to do at times but coped very well, a true profession...

    Mr Vernon Woodingdean

  • Very pleased with the excellent service throughout. Professional, friendly, efficient and no hard sell. Achieved above asking price. Thank you!

    Mr Witten Lewes Road

  • Excellent customer service throughout. I will definitely recommend you, and use you again. Thank you.

    Ms Longley Kingsbury Street

  • Many thanks to Nick. It was an easy process thanks to you! I'm extremely satisfied with how the sale went, great job.

    Ms Mayanobe Aymer Road

  • Thank you. We found all the staff knowledgeable and really pleasant to deal with. 

    Ms Ansloos Lewes Road

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    Mr Thorne The Avenue

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    Ms S Hike Blackthorn Close

  • Very helpful and patient team.

    Mrs Shea Selborne Place

  • Sharon, Harvey and James were all excellent - very professional. Totally opposite to what I have experienced with other agents. Maslen have restore...

    Ms Lyons Woodingdean

  • Exceptional service throughout the process - should we decide to sell in the future we wouldn't hesitate to use your agency. You're a cut above the...

    Ms Windels & Mr Barham Fiveways

  • I have bought and sold 7 properties, and this was the best experience of an estate agents services I have found.

    Mrs Shepherd Hertford Road

  • Graham Griffin provided us, and continues to provide us, will all-round excellent advice. We trust his knowledge and expertise.

    Mr Blackmore & Ms O'Sullivan Financial Services

  • Paul Wilkinson was extremely helpful and efficient. The only problem was the vendors solicitor and Paul warned me of this. A good transaction all r...

    Mr Lavender Fiveways

  • In February 2016 I was looking to buy and sell very rapidly. Competition among buyers at the time was very high. Sharon @ the Woodingdean branch sh...

    Ms Helen Lyons Woodingdean

  • Sold within 2 weeks for asking price "excellent!"

    Mr Grundy Bishops Road

  • All agents at Maslen were extremely helpful and polite from the beginning to the completion of sale. 

    Mr Johnson Fiveways

  • Harvey was helpful and easily reachable at the beginning of the process and Sharon kept us informed and was always happy to help.

    Ms Murch & Ms Mapa Ticehurst Road

  • Nick and Paula are total stars! They were incredibly supportive and present throughout. Thank you!

    Miss O'Haire Hove

  • Good team. Straightforward. No nonsense.

    Mr Standing Newmarket Road

  • Extremely efficient. Nick and Paula are excellent. The weekly phone calls were much appreciated. 

    Ms Gray Lewes Road

  • I wish we had used you to sell our property! Nice to meet honest people, who are genuinely interested in helping. Very pleased.

    Mrs Porter Taunton Road

  • The team worked very hard over a long period to ensure my sale went through - excellent service!

    Mr Patrick Gladstone Terrace

  • Service exceeded my expectations overall at all stages of the process - I wouldn't hesitate to recommend you. Thanks. 

    Ms Greene Lewes Road

  • Brilliant. Well done to Sharon and the Woodingdean team.

    Ms Curtis The Ridgway

  • The sale was dealt with swiftly, professionally and successfully. Thank you Maslen!

    Mrs Lincoln Hove

  • Very professional service. Thank you!

    Miss New & Mr Jackson Buller Road

  • Very pleased with the experience. I would definitely recommend you and use you again.

    Ms D Edmonds Horton Road

  • Very thorough & very informative.

    Mr Michnowicz Waldegrave Road

  • We were very pleased with services provided by the Fiveways office.

    Mr & Mrs Sawyer Shaftesbury Road

  • Best Estate Agents ever experienced - professional, approachable, competent and exemplary. 

    Mr & Mrs Guest Riley Road

  • It was an amazing experience, everyone involved were fantastic. 

    Mr & Mrs Knight Woodingdean

  • Sharon was amazing! She kept us up to date the whole way through the process. We cannot fault Sharon or the rest of her team. 

    Mr & Mrs Ashley Woodingdean

  • Excellent service from the Lewes Road branch. Martin Timms secured a quick sale & at a good price & Paula Carter worked really hard to secure...

    Ms Schulte Bear Road

  • All the staff I dealt with were excellent. Sharon worked really hard to complete the sale.

    Mrs Bent Falmer Gardens

  • Very impressive - professional and friendly, both Martin Timms and Paula Carter were excellent at keeping in contact with sensible advice based on...

    Mrs O'Connor Hove

  • Best Agents in Brighton.

    Mrs Field Tarner Road

  • Already recommended you! Thank you.

    Mr Edwards The Ridgway

  • All very professional, kept updated throughout. Very pleased - Would recommend. 

    Mrs Hammond Hove

  • Hugely impressed with Ben & his team.

    Mrs Mead Upper Lewes Road

  • We cannot recommend Maslen's estate agents enough.

    Many thanks to Paul, Donna, Janette and the...

    Linda & Les Wigmore Close

  • Excellent Service from start to finish.

    Mr T Mole Cromwell Road

  • Very comprehensive and professional. Nice people to work with and highly recommended. 

    Mr Alderton Ladysmith Road

  • A very committed team who made the sale process very easy.

    Ms Rees Ticehurst Road

  • Quality advice about when and how to sell, which was spot on. Thank you.

    Miss Coleman Buller Road

  • Fantastic service. By far the best agents we have ever used, I cannot recommend you highly enough.

    Mr Field Mafeking Road

  • Excellent communication and advice throughout. It felt very reassuring to be in good hands.

    Mrs Brooker Buller Road

  • It was a long, drawn out process that the people at Maslen helped me through, without the impression that it was a chore. So extremely professional...

    Mr McLagan Lewes Road

  • Ben and Paula were calm and reassuring throughout a very difficult process!

    Ms Easterbrook Bear Road

  • Thanks for an excellent service. 

    Mr King Hove

  • Sharon was excellent - kept us well informed, thank you so much!

    Ms Waters Cowley Drive

  • We were delighted with the service received from all the staff with whom we had contact,

    Dr Crichton The Ridgway

  • I found the service to be courteous, friendly and efficient.

    Mr Upton Buller Road

  • The staff were very helpful, an excellent service. I would recommend you to others.

    Miss Hockly Fiveways

  • Thanks David, all very professional.

    Mrs Flowers Foxdown Road

  • The whole team were very committed from start to finish.

    Mr Pilgrim Lewes Road

  • Very good service and communication. Paula was excellent.

    Mr & Mrs Scarboro 1 Pevensey Road

  • An efficient, professional and friendly service. Helpful and a pleasure to do business with.

    Mr Beddington Brading Road

  • Very impressed with the efficient and friendly service, the staff were a pleasure to deal with. 

    Mr & Mrs Gill Lewes Road

  • A completely painless experience from start to finish. Thank you.

    Mr Woolven & Mrs Bessant-Woolven Lewes Road

  • Excellent service as always

    Mr Field Ringmer Road

  • Sharon was excellent, she kept us informed at all stages and was a really calming objective influence in the process.

    Ms Frederick Channel View Road

  • Very impressed with all dealings with Maslen. Paula Carter was in particular very knowledgeable and helpful. 

    Mr McBlane Hove

  • A very positive experience - I had most contact with the Fiveways office and they were so friendly and helpful.

    Ms A King Balfour Road

  • A really good experience.

    Mr Tibble Lewes Road

  • Ben was particularly enthusiastic and helpful. Martin, Paula, Sam and Will are all hard workers.

    Ms Goodey Franklin Road

  • Paul was absolutely brilliant. 

    Mrs Tasker Fiveways

  • Thank you Paul and Archie, you gave an excellent service, as well as Kelly. I look forward to working with you again. 

    Mr White Fiveways

  • Outstanding service from Sharon. James is an asset to Maslens & Harvey was so helpful and polite.

    Ms Cianchetta Selhurst Road

  • Compared to your rivals, your service was excellent

    Ms McGrigor Milner Road

  • Sharon and her team could not have done more in what was a difficult sale. 

    Ms Daly Woodingdean

  • Paula is amazing!

    Ms Aspnall Gladstone Place

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