Originally posted by Wilmslow
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Some years ago, in an admittedly unscientific survey, we approached, at random, over a hundred Estate Agents throughout the UK.
Our aim was to discover whether they felt a suitable and well chosen House Name would have any effect on the saleability or value of a property.
In a much better than expected response the general view was that a well chosen House Name did certainly aid the saleability of many dwellings.
More interestingly, the majority of respondents felt that a suitable and well chosen House Name could increase the value of a property by between 0.5% and 5%.
On a property valued at £200,000 that’s anything between £1,000 and a massive £10,000 increase in value. On a £500,000 house it’s up to £25,000 extra, on a £2 million property it could mean an extra £100,000. In some cases, we suspect, it could well be more - a very good reason for naming your house.
Our aim was to discover whether they felt a suitable and well chosen House Name would have any effect on the saleability or value of a property.
In a much better than expected response the general view was that a well chosen House Name did certainly aid the saleability of many dwellings.
More interestingly, the majority of respondents felt that a suitable and well chosen House Name could increase the value of a property by between 0.5% and 5%.
On a property valued at £200,000 that’s anything between £1,000 and a massive £10,000 increase in value. On a £500,000 house it’s up to £25,000 extra, on a £2 million property it could mean an extra £100,000. In some cases, we suspect, it could well be more - a very good reason for naming your house.
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