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The question must be asked…
Should a property built from scratch provide significant
profit margins at time of resale? And is it worth the effort required?
Dawson & Associates provide both expert design and
construction services. We are also independent chartered surveyors and therefore
have expert knowledge as to the value and condition of a potential project.
Only with this professional advice can you be sure that you are making the
right decisions.
Your potential building project should be considered in
terms of all exterior and interior requirements. Required building licenses
should also be thoroughly investigated. It is important to be clear about what
your project would involve from the very outset. For example, is it…
- A conversion
- A change of use
- A refurbishment
Or will it require additional:
- Maintenance works
- Disabled adaptations
Setting a realistic budget is essential but the hard work
really begins when you are expected to keep to that budget at all times. Costs
can escalate from the smallest items, such as door-stops to huge issues such as
uncovering areas of damp.
In general, the properties featured on Grand Designs are
said to have made a pleasing profit. Savills have blamed the disappointing financial
loss of this particular property on uncertainties in the Scottish market that
would, therefore, not affect the rising cities such as London or Bristol.
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