Rightmove is experimenting with a brand new characteristic to offer home-movers entry to extra details about the extension potential of a property.
The brand new characteristic follows on from the introduction of its Renovation Calculator, and varieties a part of Rightmove’s suite of valuation instruments to assist house owners perceive the worth and potential of their dwelling.
Rightmove says the instruments are geared toward serving to to drive extra individuals to brokers to get detailed skilled valuations when they’re prepared to maneuver.
The brand new Extension Explorer options value estimates for constructing an extension, planning approval charges within the space, and examples of properties which were prolonged close by. The brand new instrument is obtainable on property listings and in Rightmove’s offered costs part.
Rightmove additionally desires brokers to think about using these data-driven insights, supplied in partnership with dwelling extension firm Resi, to focus on to potential patrons how a house might be reworked.
Tarah Lourens, Rightmove’s chief expertise and operations officer, mentioned: “This experiment is our newest step in testing numerous instruments and options for the tens of millions of individuals utilizing Rightmove at completely different phases of their home-moving journey.
“We’ll be exploring how helpful potential patrons and present home-owners discover this data and see if it could possibly assist our agent companions with knowledge to assist spotlight fixer higher and funding alternatives to their clients.”
Alex Depledge, CEO at Resi, added: “With insights from over 9,000 extension initiatives delivered throughout the nation over a few years, Resi brings unmatched renovation knowledge and design experience. Collectively we assist reply the large questions: what can I construct, how a lot will it value, and can it add worth, proper from the property itemizing itself.”
