Sarah Beeny shares how to add value to your property at ‘low cost’ – rooms to focus on

Sarah Beeny: British are sentimental when they buy property

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Sharing property advice on This Morning back in 2017, Sarah shared the best ways to add value to your home. The expert explained: “The obvious way is if you add square footage, you generally add value but that’s not always, so be careful if you build all over your garden and you’ve got no garden but six bedrooms, then that’s probably not adding value.

“Adding value at a low cost is a lot to do with using every single square foot that you’ve got.

“There’s a lot of waste of space inside and outside that people don’t make the most of.

“If you don’t have a garden but you’ve got window sills, put window boxes on, you then end up with a garden but without actually having the square footage.”

As well as creating a garden inside, making use of hallways was also another tip Sarah shared.

She explained: “We have waste of space in corridors,  if there’s piles of coats and shoes in your hallway, think about having clever uses of storage that actually make that space feel bigger.”

Making use of all the space can also make a property feel more cosy and lived in.

This can help when it comes to selling a property, allowing potential homebuyers to feel at home.

Sarah added: “I think people do buy homes because they like the feeling of them when they go in.

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“When someone goes in somewhere, if it reminds them of something in their childhood or their Grandmother’s house, if they feel at home, they’re more likely to buy it.”

When it comes to selling a property, having a renovated kitchen and bathroom can not only add value, they can also help sell the home quicker.

According to the Royal Institution of Chartered Surveyors (RICS), a new kitchen can add around four percent to the value of your home.

This is similar for a family bathroom, with the majority of homebuyers looking for a bathroom they can use straight away.

Sarah explained that kitchens and bathrooms are really inconvenient to change.

This is because they can often take a lot of time and means homeowners would not have the rooms for several weeks, if not months.

The expert explained: “So when someone looks at the house, if they don’t like the bedroom colour, they’re not too worried about that but to have to totally rip out a kitchen is logistically complicated.

“Don’t spread a little bit of money between a kitchen and a bathroom, make sure you’ve got a really amazing kitchen or a really amazing bathroom.”

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The average kitchen renovation costs around £8,000 while a good-sized family bathroom is around £6,500, according to Victoria Plum.

Another expert warned Britons not to invest in property right now and to improve their current home instead.

Mark Hughes, a Specialist Mortgage Advisor focusing on residential property at Pure Property Finance, explained: “I think it’s best that people avoid investing in property right now, especially if it’s a property that they don’t see as their forever home and they’ll want to sell in a few years. We’re currently in, what I think, is a property price bubble. 

“There has been a huge increase in house demand fuelled by a number of factors; people being able to save more towards their house deposit with the lack of commuting, people wanting to move closer to be with their families, people wanting more office space in their home, etc.

“Until the property market settles down, the best thing to do would be to make smaller renovations on a current property. If there’s any way that you can add in office space to your spare bedroom, then do that, or if you’re sick of the sight of your living room from spending too much time there, then perhaps upgrade it with some new furniture. This may also add value if you do still decide to sell your property in a couple of months.”

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