Where to focus when renovating before selling
If the past few years have highlighted one trend it’s the fact Australian’s love a good property makeover.
After all, what’s not to enjoy about seeing a property transformed into an oasis that you can call home?
But there’s a big difference between renovating a property for you to enjoy in the years to come and revamping one in the interests of a quick sale.
So, let’s look at where to focus your attention if you’re renovating before selling your home.
Big-ticket spaces
The kitchen and bathrooms remain big-ticket spaces for potential buyers.
In fact, research continually indicates a tired or dated kitchen or bathroom can be a deal-breaker, with buyers acutely aware these can be expensive areas to renovate after sale.
If you are considering revamping your kitchen or bathroom prior to selling your property, consider cost effective ways of giving these rooms an update.
This includes new countertops, cabinetry and tapware, rather than a major reconfiguration of the room.
An extra bedroom?
Whether it’s for guests or an extra study area, increasingly homeowners are seeking the space and flexibility of a fourth bedroom, rather than the once traditional three-bedroom home.
If your home lends itself to creating this space without requiring major construction, it’s a feature worth considering.
Outdoor entertaining areas
Indoor/outdoor living remains a drawcard for most Australian properties, so turn your attention to areas which fit this brief.
Perhaps it’s a paved courtyard or decked outdoor entertaining area. Maybe it’s a gazebo in the garden which accommodates an outdoor setting, or perhaps it’s a covered area adjacent to the home, complete with outdoor kitchen.
However, you choose to approach it, outdoor entertaining areas are a favoured part of the Australian lifestyle, and creating this space is a renovation that doesn’t have to break the bank.
Kerb appeal
The first thing a potential buyer will gauge is the street appeal of your home, so if there’s one area to focus on prior to selling, arguably this is it.
The aim is to make a great first impression that entices prospective buyers to attend an open home. This starts with the basics of mowing, weeding and gardening but can also extend to fencing, landscaping and more.
Cost saving features
Right about now the cost of living is featuring heavily in the headlines, which is why cost-saving measures such as solar panels and energy efficient lighting are welcome features many potential buyers look for.
If you’re considering a renovation, this is an avenue that could be worth investigating, along with security features, smart watering systems and other elements that add to the secure, low maintenance lifestyle buyers would enjoy in your property.
Ask the experts
Whether or not to renovate prior to selling a property is a big question that many vendors have. And if in doubt, we’d suggest seeking the opinion of a trusted agent.
They can help you determine if that renovation really is worth the investment, along with offering advice on the areas in your home which might benefit most from a revamp.
Meanwhile, there are some upgrades that lend themselves to DIY, and others where only professional skills will suffice. So, speak with your agent about what improvements they feel are necessary in order to sell your home quickly, for the best possible price.
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