How Much Does Renovation Add to Home Value

How to renovate home to add value when preparing for sale

Find out how renovation increases the value of your home.

In this article, we help you gauge which parts of your home you can focus on to add the most value to your selling price.

Kitchen

The kitchen is the heart of a home. This is where most of the time is spent by members of the family or when you want to entertain your friends. Make sure that it captures the attention of your potential buyers from the moment they enter.

Repainting cabinets, replacing taps or benchtops, and even repairing broken tiles could go a long way and would further add value to your home for sale.

Bathroom

Considered to be one of the most sacred places in the house, the bathroom is an area of the home that competes with the kitchen for the “room where most members spend their time in”. Make sure that these spaces are as eye-catching as the rest of your home.

An old sink or toilet can age a bathroom. A simple replacement can give the entire space a quick lift.

Newer sink styles – freestanding, organic shaped, statement coloured – can turn a tired bathroom into something more modern, while a fresh toilet gives the impression of cleanliness.

One of the most inexpensive ways to improve the bathroom is a major clean. Make sure those tiles are spotless, the bathroom walls are squeaky clean, and the decor remains minimalist but still projects a very homey feel. 

Outdoor spaces and landscaping

The first thing that catches the attention of future homeowners isn’t the interior of the house; it’s the facade. Whether it’s a garden or a driveway, or a small patch of colorful flowers that welcome visitors, it’s important that it makes people take a second glance and would encourage them to stop and check the property further.

Cut the grass, clean the driveway, repaint the front or garage, or showcase your garden. Don’t forget to also highlight your doorway and the windows from the outside. Replace dangling shingles and weather-worn window frames. First impressions last.

Painting, flooring and blinds

There are houses that do not need major repair or overhaul, so what to do to improve and add to the overall home value?

Make sure that your floor tiles and your blinds present a unified theme across all rooms of the house. From the front door to the back door, from the first-floor windows to the attic, uniformity can fetch higher prices, especially for minimalist homeowners.

Painting your house can lift the mood of your home and it's inexpensive if you're willing to do the work. If your budget allows, tackle walls yourself and get professionals in to do the ceilings, as these can be hard going on the neck.

 

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Posted in Blogs on 1st April, 2022