Speaking with David Byers in The Times this week, Black Brick’s Founder and Managing Partner, Camilla Dell shares her top tips for what to do (and what NOT to do) to get the best price for your property.
“Basements by their nature are dark and have no windows, so you have to consider how that space will be used. For example, bedrooms cannot be designated or sold as a bedroom unless it has a window,” Camilla commented.
“Some of the worst basements I’ve seen are multilevel ones. Space is often created for beauty salons, massage rooms, gyms — but the reality is these spaces are rarely used. Buyers do not place as much value in terms of price per square foot on basement space as they do on floors that are above ground. The differential can be as much as 50 per cent in the worst cases,” she said.
Read the full article here.