7.06.2020

Phil Spencer's top 5 tips to increase your home price by £ 25,000 - under £ 200

Who doesn't want to add value to their home ? Real estate expert Phil Spencer has incredible advice on this by not spending more than £ 200. Of course, we all know that adding an extension or extra bedroom will add tens of thousands of value to your home, but they're also expensive.

But what if you don't spend anything and immediately add £ 5,000 to the value of your property? Yes, please. Find out how below.

Get more tips from Phil Spencer on This Is Money .

1. Name your house and add up to £ 5,000

outside of the house

(Photo credit: Rebecca Lindskoog / Unsplash)

Did you know that by naming your house "Earl Manor" or "Owl Cottage" buyers have to pay a little more? It also costs you absolutely nothing - just inform your local council and Royal Mail. This little addition increases the value of your home to £ 5,000.

2. Get the building permit and add up to £ 5,000

Shutterstock architectural plans

(Photo credit: Shutterstock)

If you don't have the funds for an extension, get a free building permit and increase the value of your home by £ 5,000. Yes, people hate enough paperwork to pay someone else thousands of dollars.

3. Thoroughly clean carpets and add £ 5,000

Vax 3-in-1 canister vacuum mat with soccer ball and shooting range

(Photo credit: Vax)

Renting a Rug Doctor carpet cleaner for a day costs around £ 30, but can add value to your property by £ 5,000. Don't underestimate the power of clean, fluffy carpets in people's impressions of your property.

You can also buy one of the best carpet cleaners in our buying guide. Do you need advice? In our manual you will learn how to clean a carpet .

4. Update the kitchen and add up to £ 5,000

Suffolk kitchen

(Photo credit: Neptune)

A kitchen renovation will cost from £ 6,000, but you can give this vital piece for a quick upgrade as little as £ 200 Consider painting the kitchen cabinets or replacing the cabinet doors and knobs and descaling the faucet and sink. Buyers pay up to £ 5,000 more for a renovated kitchen.

5. Order the garden and add up to £ 5,000

Gardening

(Photo credit: Getty Images)

The amount you want to spend on your garden is entirely up to you. However, if you only spend £ 200 on colorful plants to fill the outside area and mow the lawn, the value of your property increases by £ 5,000.

Find the best outlets online in our guide.

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