- Buyers are willing to pay an average premium of £27,100 for a property with a garden
- Renters are prepared to pay an extra £243 per month for a home with outdoor space
Buyers are willing to pay a massive £27,100 premium for a property with a garden, with renters willing to pay an extra £243 per month for outdoor space, according to Zoopla.
According to Zoopla, 86% of buyers feel that having a garden is one of the most important factors and they are willing to pay a premium for it.
When viewing homes, eight out of ten people would dismiss a home if there was no garden, with 54% saying they were put off a home due to a poorly maintained garden.
54% willing to give up a bedroom for outdoor space
It seems we Brits love our gardens so much, that more than half of us would be willing to give up a bedroom for outdoor space, according to Zoopla.
Lawrence Hall, spokesperson for Zoopla said: “Sellers and landlords should maximise this and make sure the property is properly maintained as it’s certainly an important selling point for buyers and renters.
“With the good weather set to continue, it is only natural that more people will be on the hunt for properties with outside space to enjoy the sun.”
Buyers in the South East were willing to pay a £31,768 premium for a garden with buyers in Wales willing to pay £22,036.