Hi ,
Renovations can drastically change the value of your home, but knowing what upgrades are worth the investment, versus what upgrades won't add value is vital when it comes time to sell your property.
When renovating, always keep in mind what is going to appeal to a future buyer when the time comes to eventually sell. Recently, Wendy spoke with nine.com.au about
what home improvements don't add value to your property.
Firstly, research your local area and the calibre of homes. Look at comparable listings and notice the inclusions of your competition. If you're renovating a property with the primary aim to sell it, consider which updates or areas will result in the best return for every dollar spent.
Some key areas may make the home look more modern, but ultimately, buyers may not care that much. Kitchens come to mind. If the existing kitchen, while dated, is functional, you may get away with leaving it as is and focusing your cash and efforts elsewhere.
Other renovation 'no-no's' where your money can be wasted range from major bathroom renovations, integrated heating and cooling systems, changing the existing floor plan, invisible home maintenance upgrades, inconsistent designs, luxury fittings and swimming pools.
Does your property needs some cosmetic updates before selling? Give Chamberlain Property Advocates a call on 03 9686 2288 today. We are here to help. We offer a free consultation, so why not call today?
