When it comes to home improvements, it’s wise to think carefully before you splash the cash.
Homes renovated to a high standard attract more buyer interest and sell more quickly.
However, not all refurbishment works will bring you the same rate of return.
Buyers tend to pay particular attention to the condition of specific areas of a property, so it’s best to invest your time and money in these places.
Here’s a guide to some of the best-value home improvement projects, including some tips for those on a budget.
Revamp the kitchen
Many people consider the kitchen to be the heart of the home, a place to entertain and socialise, as well as cook.
If you can’t justify the cost of a full-scale refurbishment, consider making a few changes to update the space.
Replace or paint tired-looking cupboards and install new work surfaces if the existing ones are chipped or marked.
Also, update the lighting. Most designers recommend multiple light sources, such as recessed ceiling lights (for a warm, ambient glow) and pendant lights to illuminate key areas.
Freshen up the bathroom
Deciding whether to refit a bathroom or opt for a mini makeover will depend on its age and condition.
A grim bathroom in an otherwise well-presented home can drag down the price buyers are willing to pay.
If you decide to remodel the bathroom, plan meticulously and pay attention to details such as the height of shower heads and the layout of tiles. Once the builders start work, things move quickly, and it’s difficult to make changes.
Also, stick to neutral colours; most buyers want a calm, clean-looking retreat.
If you decide on a smaller-scale revamp, address mouldy sealant, loose tiles and leaky taps.
Repaint dingy walls, replace the hardware on cupboard doors and re-grout the tiles.
Update the windows
Double-glazed windows will keep the noise out and, in winter, the heat in – a serious selling point for energy-conscious buyers.
Double glazing should also help keep down the cost of home insurance (because single-glazed windows are more likely to get damaged).
Before you commit to any changes, look at the windows of properties in the neighbouring area. Identify the styles that most suit your home’s character.
And finally, a few general renovation rules
- You don’t have to spend a lot of money to make a significant impact.
- Renovations should be in keeping with the style and scale of your property.
- Keep things neutral so you don’t alienate buyers.
If you’re planning renovations, contact us today. We can advise as to whether the changes could add value to your home.
