Big Factors that Determine the Cost of your House

There are plenty of deciding factors when it comes to finding out how much your house is worthy. One of the main deciding factors is location. The television show ‘location, location, location’ wasn’t called that for any particular reason.

A one bedroom studio flat in the centre of London could cost the same as a large four bedroom property in the town of Northampton. That’s how significant location can be. The number of rooms is another big factor, but extra bathrooms, larger areas and more variety of rooms will also increase the price.

Another aspect is the garden. It’s not always the first thing people look for but having a large garden essentially means you have the potential to expand the property, and this is a positive factor for prospective buyers. It means that you can grab the interest of developers or renovators and there are always companies on the lookout for properties that poses extension potential.