renovation tips to increase home value
TRANSCRIPT
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RENOVATION TIPSTO INCREASE HOME VALUE
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TWOPARTS
T H E R E A R E
T O T H E C A P I T A LV A L U E O F A H O U S E .
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One is the land size, the price ofwhich is determined by sales of
similar houses in the neighbourhood
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The second is the capital valueyou create by renovating and
updating the property.
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Here are somerenovation tipsT O I N C R E A S E Y O U R H O M E V A L U E
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nothing lifts a property more than newlypainted walls in a neutral colour.
Fresh Coat of Paint01
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UPDATING BATHROOMSAND THE KITCHEN02
new ceramics, tapware, towel rails, framelessshower screens etc. are good changes in the
bathroom that buyers with attention to detail willbe willing to pay for. In the kitchen, modern
conveniences such as wall ovens, in-built coffeemachines, a well-organised pantry and chargingdocks for technology will all be well received.
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Flooringnew carpets or refurbishedfloorboards make a good
impression.
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Finishing touch, splurge onthe textiles04
new rugs and cushions can brighten up living areas. And when the dayarrives, don’t forget that fresh flowers, soft music and scented candles
can swing the buyer sitting on the fence.
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Renovating a property for sale can be tricky. It’s atightrope walk between cost, quality and staying onschedule. But if you get it right the payback is big.
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