Sarah Beeny shares ‘obvious’ way homeowners can add value to their property at ‘low cost’

Sarah Beeny: British are sentimental when they buy property

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The pandemic has altered people’s wants and needs when it comes to property. Whether that be more space or living nearer to green spaces, 2021 saw a huge demand for homes, pushing the average house price past the £270,000 mark. While many have moved home, others may decide to improve the property they currently live in. 

Sarah Beeny shared top tips with This Morning hosts Eamonn Holmes and Ruth Langsford back in 2017 on how homeowners can add value to their property at “low cost”.

The property guru told the presenters: “The obvious way is if you add square footage, you generally add value but that’s not always the case, 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.”

Making use of every corner in the home can not only be beneficial for the homeowner, it is also a brilliant way of showcasing the home if it ever went on the market.

This includes using space under the stairs or using storage in hallways.

Sarah added: “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.”

Many people typically have shoe storage in their hallway and adding a mirror on the wall above can make the space feel bigger.

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Sarah added that those who don’t have a garden could use windowsill boxes, making use of all the space available.

All of these tips link to increasing property kerb appeal, which can in turn, add value to the home.

When it comes to renovating the home, the expert recommended either having a fantastic kitchen or bathroom.

This is because they are two rooms in the home that can be costly to change as well as being an inconvenience. 

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She said: “When someone looks at the house, if they don’t like the bedroom colour, they’re not too worried about that but to totally have to 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.”

Eamonn Holmes asked Sarah when the best time to sell a property is.

Sarah explained that spring was the ideal time to market your home.

She said: “Come August people settle but there’s another boost in the market in September.”

Heading into 2022, experts have warned that house prices will continue to rise due to a number of factors.

It comes after the huge demand for property last year pushed the average UK house price above the £270,000 mark.

Guy Gittins, CEO of Chestertons, said: “The economy is recovering better than expected, employment and wages are booming and first time buyers will continue to benefit from the Government’s Help To Buy scheme until April 2023.

“Most importantly, the number of people looking to move heavily outweighs the number of properties available on the market.

“However, price increases are likely to be tempered by the rising cost of living and the expected increases in taxes and interest rates.

“The re-introduction of Covid-related restrictions also remains a possibility.

“Assuming national lockdowns are behind us we think average UK prices will grow by four percent in 2022, settling at two to three percent per annum over the following four years.”

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