Do log cabins add value?

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Discussion

Welshbeef

Original Poster:

49,633 posts

197 months

Friday 4th September 2015
quotequote all
Let's say log cabin all in is £10-15k would you see at least that value added to the house price ?


You are adding versatile space probably 5-6mx 10m so not insignificant. Electric hooked up real good quality.

Spare tyre

9,458 posts

129 months

Friday 4th September 2015
quotequote all
Personally no


Petrol Only

1,592 posts

174 months

Friday 4th September 2015
quotequote all
For me personally no. We are currently looking to move and a lot of properties in our budget have summer houses/ log cabins. We would rather a garage!

Welshbeef

Original Poster:

49,633 posts

197 months

Friday 4th September 2015
quotequote all
We have a garage and the Log Cabin would be right at the end of the garden the entire width of the plot - a section for traditional shed stuff the rest full on log cabin (games room cinema American pool additional seating area office etc )

StuTheGrouch

5,714 posts

161 months

Friday 4th September 2015
quotequote all
It would make the house more appealing, in my eyes, but I wouldn't pay extra for the house because of it (unless my plan was to buy a house and build one myself).

Welshbeef

Original Poster:

49,633 posts

197 months

Friday 4th September 2015
quotequote all
StuTheGrouch said:
It would make the house more appealing, in my eyes, but I wouldn't pay extra for the house because of it (unless my plan was to buy a house and build one myself).
So 2 identical semis on a street - let's say they are attached to one another in identical decor same plot size one has clearly a £20k lovely log cabin the other 5-6m more lawn.

Would you pay £30-50k more for it.

E36GUY

5,906 posts

217 months

Friday 4th September 2015
quotequote all
Welshbeef said:
So 2 identical semis on a street - let's say they are attached to one another in identical decor same plot size one has clearly a £20k lovely log cabin the other 5-6m more lawn.

Would you pay £30-50k more for it.
The house would be more appealing but no, i'd not pay that much more for it

aspender

1,305 posts

264 months

Friday 4th September 2015
quotequote all
Welshbeef said:
So 2 identical semis on a street - let's say they are attached to one another in identical decor same plot size one has clearly a £20k lovely log cabin the other 5-6m more lawn.

Would you pay £30-50k more for it.
Absolutely not 30-50k more for something not integral to the house itself. No way.

Welshbeef

Original Poster:

49,633 posts

197 months

Friday 4th September 2015
quotequote all
aspender said:
Absolutely not 30-50k more for something not integral to the house itself. No way.
Let's say the house price without is £650-700k

alock

4,224 posts

210 months

Friday 4th September 2015
quotequote all
Welshbeef said:
Let's say log cabin all in is £10-15k would you see at least that value added to the house price ?
I assume "all in" includes all of the equipment and furniture. Most people will just see it as what it would be on completion day which is a big, empty shed.

At most, you will get back the raw material costs of the empty shell.

anonymous-user

53 months

Friday 4th September 2015
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Absolutely not, same goes for conservatories unless they are very well done and flow with the interior space rather than a greenhouse nailed to the back of the property.

TA14

12,722 posts

257 months

Friday 4th September 2015
quotequote all
Welshbeef said:
StuTheGrouch said:
It would make the house more appealing, in my eyes, but I wouldn't pay extra for the house because of it (unless my plan was to buy a house and build one myself).
So 2 identical semis on a street - let's say they are attached to one another in identical decor same plot size one has clearly a £20k lovely log cabin the other 5-6m more lawn.

Would you pay £30-50k more for it.
I guess that STG's is the market view and a £20K log cabin may add say £3K to the value. In your scenario it would depend on the size of the garden but looking at the size of most gardens these days I'd prefer the extra lawn so it would actually subtract value for me and if that were the only house where I wanted to buy I'd use it as a garden shed/summerhouse/playhouse for the kids and wouldn't value it highly.

TA14

12,722 posts

257 months

Friday 4th September 2015
quotequote all
Welshbeef said:
aspender said:
Absolutely not 30-50k more for something not integral to the house itself. No way.
Let's say the house price without is £650-700k
For most of the country that price range will already buy you a nice house with good accommodation so the need for extra and external accommodation would probably be reduced so the value is likely to be less. Bit like a car with a roof rack - it might get you an extra tenner on a Mondeo estate but possibly subtract value on a Quatroporte smile

sidekickdmr

5,065 posts

205 months

Friday 4th September 2015
quotequote all
Im going to buck the trend a bit here and say that yes it would add value.

If there were 2 identicle houses on the same street, one had a cabin and one didnt.

If the cabin would cost say £20,000 to build, and the property with the cabin was £10,000 more, I would buy the one with the cabin

If it was £20,000 or more more, I would buy the one without and build one myself, to my spec and all brand new.


So yes it would add value, but its not going to be an investment, you will never make the money back, let alone profit.

pac1uk

268 posts

190 months

Friday 4th September 2015
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I am building a log cabin shortly and it will be used as a workshop. My garden is not that large so wanted something that looked nice, a traditional shed would be to imposing and would look like something from Stalig 17.

It's not been done to add financial value but better use of the space I have. I think it would make the house more saleable e.g. more usable space.

I also have one of those nailed on conservatories! Which will be in a skip soon....

jonny996

2,603 posts

216 months

Friday 4th September 2015
quotequote all
it would raise a red flag to me, it would cry out that the actual house is to small & they had to decamp to the shed for the fun stuff.

StuTheGrouch

5,714 posts

161 months

Friday 4th September 2015
quotequote all
Welshbeef said:
StuTheGrouch said:
It would make the house more appealing, in my eyes, but I wouldn't pay extra for the house because of it (unless my plan was to buy a house and build one myself).
So 2 identical semis on a street - let's say they are attached to one another in identical decor same plot size one has clearly a £20k lovely log cabin the other 5-6m more lawn.

Would you pay £30-50k more for it.
No!

Why on earth would I pay 50% plus more than the cost of the log cabin??? If one house was demanding that much extra then without a doubt I would buy the other house.

In your example I might pay £5-10k more, BUT only if I wanted a log cabin in the first place. Also depends on how much of the garden the log cabin takes up- I like a garden so if the log cabin dominates the garden then I wouldn't even consider the property if another identical house (minus log cabin) was available.

Simpo Two

85,148 posts

264 months

Friday 4th September 2015
quotequote all
If you want/need a log cabin and can afford it, buy it. When/if you come to sell your house - presumably not immediately - it will sell for the market rate.

JustinP1

13,330 posts

229 months

Friday 4th September 2015
quotequote all
Welshbeef said:
Let's say log cabin all in is £10-15k would you see at least that value added to the house price ?
The 'house price' is simply what a particular buyer is willing to pay for it.

Thus whether the log cabin adds value is simply a produce of whether your buyer values it.

Had a similar conversation with the inlaws about how their newly build stable will add value to their house.

To a few it is a benefit, but to the rest the effect can actually be opposite and more like:

"The house is great but we'll be paying for the X we won't use.'

StuTheGrouch

5,714 posts

161 months

Friday 4th September 2015
quotequote all
Welshbeef said:
aspender said:
Absolutely not 30-50k more for something not integral to the house itself. No way.
Let's say the house price without is £650-700k
Still no. In your example it is clear that this £20k log cabin magically equates to £30-50k extra value. If I was spending that much on a house then I would be more interested in adding a log cabin of my own choosing at far less expense.