Whether you are planning major building work or a more cosmetic project, improving the look of your home is an investment. Completing any renovations required, before advertising the house for sale, adds considerable value to the property. In a competitive market, a potential buyer’s first impression of your home is important. They may have five viewings in a day, so your property needs to stand out from the crowd. The more desirable a house is, the faster it will sell.
Improving a property before selling is very different to decorating a new home; this is not the time to make a statement. Buyers look for open space and neutral tones, however, larger factors can undoubtedly give you the edge. If you have added an en-suite bathroom, whilst a comparable property is limited to one family bathroom, the buyer is likely to prefer your home.
You will need to consider the strength of the local economy, against the costs of your planned work. Navigating your way through the complex housing market is best done with professional help. There may be a demand for properties with an extra bedroom, an annex apartment, or large utility room. To establish which renovations are most in demand, seek out the advice of a local estate agent. They can tell you which home improvements to carry out, and how much can be added to the value of your home.
Many sellers choose to concentrate their resources on the bathroom and kitchen. These are key areas of interest for buyers, but they are also the most expensive rooms to remodel. However, a good builder will be able to provide not only a comprehensive quote for all major work, but also a number of prices for smaller projects. This will allow you to work out which areas are worth tackling and which can simply be staged in a more attractive way for the sale.
Ultimately, high quality renovations are far more attractive than superficial repaints and window dressing. Prospective buyers will appreciate the fact that the hard work has been done for them, increasing your chances of a profitable sale.
Posted by: Lara Seers