03/06/2026
Will an Illegal Extension Affect Your Property Value? 🏠
The answer is yes.
When a property is being valued, valuers will typically verify whether any extensions have obtained the necessary approvals from the relevant authorities. If the required documentation cannot be provided, the extension may not be recognised as part of the property's approved built-up area.
As a result, the property's valuation may be based only on the approved portion of the building, potentially affecting its market value and the amount of financing a bank is willing to approve.
Whether you're buying, selling, or renovating, understanding the approval status of your property is essential to avoid unexpected issues during the valuation process.
Planning a home extension or renovation? Ensure it complies with approval requirements to protect your property's value and future financing. Speak to our team for professional advice.