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Of course, hence why I didn't replace the kitchen or bathroom in our old place. The only thing the improvements do is increase the appeal to buyers not make you property more valuable.
The first surveyor on the downvalued property stopped us making an expensive mistake and made me research much more before our next offer!
Well that's essentially what you're buying isn't it?
When you're looking at £hundreds per square foot compared with a lick of paint it all stacks up even compared to that new kitchen or whatever. That's why developers are only interested in square footage at the end of the day, finishes are cheap in comparison.