Javaid Ahmed, of Kinleigh Folkard & Hayward, says: "Buyers will pay between 10 to 15 per cent more for a Victorian house than a modern one." Plus, if a Victorian building has been kept as it was originally built, it will retain great appeal. A Victorian house has compelling features on the outside as well as the inside. It is well maintained, has few defects and is in good condition. This makes it an attractive prospect for buyers - especially if they like the period style.
Vicente Fernandez, of John Charcol properties, says: "Victorian houses can be cheaper to buy because there are so many available. Also, because they were designed with families in mind, they usually have large rooms, which allow them to accommodate all their belongings with room to spare. These days, people want smaller spaces, so they need to look at compact housing designs, which can cost more because there are so few available."
A Victorian house has several advantages for its owner. They are: spacious rooms, high ceilings, original features such as cast-iron radiators and wooden floors, plenty of storage space and small gardens or no garden at all. If you want to live in a house that's full of character and doesn't cost the earth, then a Victorian property could be just what you're looking for.
If you want to create a genuine Victorian-style home, you need budget between $65,000 and $350,000. While this price may appear low when compared to comparable homes, it may not feature all of the exquisite characteristics of a real Victorian-style home. The truth is that no two Victorian houses are exactly alike, so pricing them all together is difficult. However, we can give you an idea of how much they typically cost by looking at some examples.
The Victorian House Project has published an extensive database of completed Victorian houses for sale or rent. It includes detailed information about each property, including price per square foot, as well as photographs and virtual tours. The site also offers advice on what to look for when buying or renting a Victorian house.
It costs more to build luxury homes. Luxury homes are generally larger and more luxurious than other types of homes. They often feature many extras, such as multiple bathrooms, large master suites, fireplaces, etc. The cost of building a luxury home can be high because of the size and scope of these projects.
Costs will vary depending on location. The cost of living in an expensive city like New York or London requires houses to be built with quality materials and workmanship. Therefore, they usually cost more than their less expensive regional counterparts.
Building permits for new homes cost money.
Because of its design and the high quality materials employed, Victorian houses have become a prominent feature of many UK cities, and the high demand ensures that the resale value of a Victorian house is high. The strong, durable construction is also responsible for the longevity of many Victorian houses.
The demand for period property reflects the popularity of being able to upgrade your home without having to replace everything around it. Even if you can't afford to spend large amounts of money on refurbishment, you can make small changes to give your home a new lease of life without spending a fortune. For example, adding extra bedrooms or improving the kitchen/bathroom area will help make it more attractive to potential buyers and increase their chances of finding a buyer quickly. Also, if you want to sell quickly then making any necessary repairs to the property before putting it up for sale will help ensure it sells for as much as possible.
There are several reasons why Victorian houses are so popular. They're often very spacious with large rooms, which makes them ideal for entertaining guests or just relaxing after a hard day's work. Also, because they were designed with function in mind, they tend to be energy efficient with high-quality building materials so they're comfortable to live in even during cold winters or hot summers. Finally, because they date back over 100 years, they offer a unique style that not everyone wants to live in.