Wednesday, June 27, 2012

Renovating for sale




When renovating for the sale of your property it is important to consider the costs and benefits of any work you plan to do. The last thing you want is to spend a lot of money which you may not be able to recoup in the sale of your property.

The aim of renovation should be to ensure that your property is well maintained and beautifully presented.  These kinds of improvements will always trump the market. Focus on freshness and street appeal rather than major works.

When deciding on the type of renovations you will do consider the following :

* Renovate to give your home a facelift - concentrate on paint, cleaning and freshening the general feel of your home.

* Consider areas which may become points of negotiation for potential purchasers and aim to minimise these eg. chipped tiles, tired kitchen or bathroom.

* Focus on key areas such as the front entrance, gardens, bathroom and kitchen.

* Ensure that you spread your renovation budget so that you can effectively distribute repairs and improvements around your property. The last thing you want is a brand new kitchen drawing attention to a tired bathroom. Improvements in one area can make others areas of your house look worse so aim to generally improve the whole property.

* Keep clours and tones neutral to appeal to the broadest number of prospective buyers.

* Make sure you make use of our skills ! Talk to us before embarking on your improvements. We can advise you on what NEEDS to be done and what is cosmetic only.  We can also help you to avoid overspending and overcapitalising on your property.

Call us today iRIS Property 02 45677254
www.irisproperty.com.au

No comments:

Post a Comment