Real estate: a garden can cause prices to soar by… 43%!

Real estate: a garden can cause prices to soar by… 43%!
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This is the dream of many Belgians: a four-storey villa with a large garden. But you still have to have the means to pay for it. According to an analysis by Immoweb, a house without a garden or with a small garden sells on average 11% less than an identical house with a larger garden and on land of 250 to 500 square meters, considered as a reference property. In this study. On the other hand, a house with a garden, on land with a total surface area of ​​1000 m², sells on average 17% more expensive. This increase even reaches 28% for land over 2000 m². Comparing the two extremes, a house with a very large garden on land of more than 2000m² is sold on average 43% more expensive than a house without or with a small garden.

These differences also vary depending on the location of the property. In certain Flemish cities, more urbanized and densely populated than certain Walloon cities, the percentage impact is even more marked, notably in Bruges or Ghent. In Brussels, where house prices are the highest compared to other cities and where large gardens are rare, the financial impact in absolute value (€) is more notable.

Here are the top 3 most expensive streets in each Brussels municipality: details of the 19 localities

In the Brussels-Capital region, a house with a garden on land with a total surface area of ​​1000 m² costs on average €100,000 more than a similar house with a smaller garden, on land with a surface area of total of 250-500 m². This difference can even reach €150,000 for houses with a garden, with a total land area of ​​more than 2000 m².

For those willing to compromise on garden size, the savings are significant. By giving up the idea of ​​a garden, you can save up to €100,000 compared to a house with a garden, with land with a total surface area of ​​500 to 1000 m².

Many Belgians can smile again and make their real estate projects a reality!https://www.dhnet.be/conso/immobilier/2024/03/15/limmobilier-a-la-cote-en-chute-libre-mais-les -prices-still-continue-to-rise-O5LMLWXLHNCM3AJXFA4DRXWXSA/

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