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Do Renovations Really Add Value? Inner-North Melbourne Realism for Sellers (2026)

September 21, 2026

Should you do that kitchen or bathroom reno before sale? Michael Tomadakis brings an evidence-based eye to pre-sale renovations. Using data from sales in Thornbury, Fitzroy, and Clifton Hill, this article explains which improvements usually return value—and when sellers are better off selling as-is. Michael unpacks vendor psychology (‘we spent $30k, we want $30k back’), explains market value vs replacement cost, and shares presentation fixes that deliver outsized bang for buck. Case studies show the limited ROI of major fitouts versus cosmetic uplift in today’s market.

Curious about renovation ROI for your property? Michael can assess your specific situation with facts, not guesses.

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