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Storey and a half vs two storey valuation

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Old 18 September 2006, 07:41 PM
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john banks
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Default Storey and a half vs two storey valuation

Is there a rough guide to comparing the valuation of a house that is of storey and a half construction compared with a two storey house of similar floor area - all other things being equal (which of course they are not)?
Old 18 September 2006, 07:58 PM
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imlach
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Depends if the loft has conversion potential in the 2 storey of course.

A 2 storey should always be worth more, but can't advise as to how much more if that helps...which it doesn't
Old 18 September 2006, 08:46 PM
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john banks
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I know I can get a surveyor at great expense, but trying to compare the value of a rebuilt from ruins stone Victorian stable that is storey and a half, has little land without much done to it, convoluted access arrangements, little in the way of views, poor internal joinery and needs bathroom work but with loads of space, with a very attractive original stone Victorian two storey manse that has four times the land, excellent access but with seclusion and trees galore, but may have all the fun that comes with an original Victorian property and is less spacious in terms of floor area, but has at least as many rooms that are a smaller (but supposedly ideal) size with lots of light and high ceilings.

Following my previous thread I need to get what seems to be value for money in the present climate. I'm asking impossible questions I know!
Old 18 September 2006, 08:48 PM
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RON
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I'd go for more land John, that way extending to suit your requirements will be easier.......

plus, more land normally means greater future vaue/potential....
Old 18 September 2006, 08:48 PM
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imlach
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If you can afford the manse, I'd go with it. Lots of land, seclusion, victorian....it's hitting all the spots for me. What's the downside?
Old 18 September 2006, 08:59 PM
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john banks
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... just an inbuilt fear I have of unknown expenses and rolling maintenance programmes.
Old 18 September 2006, 10:47 PM
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imlach
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Originally Posted by john banks
... just an inbuilt fear I have of unknown expenses and rolling maintenance programmes.
...of course, but that's par for the course with an old house.

The upside is a far nicer class of property, and lovely big high ceilings and real fireplaces Plus lots of space to put a contemporary kitchen/dining extension on to suit more modern living requirements etc.
Old 18 September 2006, 11:48 PM
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Originally Posted by john banks
... just an inbuilt fear I have of unknown expenses and rolling maintenance programmes.
& Ghosts as well
Old 19 September 2006, 12:17 PM
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john banks
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Prefer ghosts to dry rot and a dodgy roof
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