News

THESE ARE THE RENOVATIONS YOU SHOULD MAKE WHEN WHEN SELLING YOUR HOME

By Alana Saunders

THE LITTLE THINGS AND THE WHOLE HOME

A 2016 Finder survey found that even the smallest flaws can turn buyers off. In fact, 87 per cent said they’d change their mind on a home if they spotted mould, 84 per cent would be put off by structural decay and 83 per cent by dampness. Even peeling paint and signs of indoor smoking will cause around half of potential buyers to look elsewhere.

Before you make a single renovation, fixing little problems such as those should be your priority. Clean the entire home thoroughly, being extra careful to remove any signs of mould, decay or damp. If paint’s peeling, consider adding a lick to the affected rooms, and use odour killing sprays to get rid of any unpleasant smells. Replace or fix whatever’s broken and do all you can to get cover or improve any visual blemishes you find.

TOUCH UP THE FRONT YARD

After you’ve taken care of the little things in and around your home, take a good hard look at your front yard. It’s the first thing prospective buyers will see and it can play a big part in making a good first impression. In fact, the aforementioned Finder survey found almost half of buyers have made up their minds about a home by time time they walk in the door.

Get rid of mess like overgrown weeds, children’s toys, old hose reels and scruffy plant life then take a few hours to fix any unsightly problems with your fences, driveway or entryway. You don’t have to hire a team of landscapers to make a difference – a little DIY could be all that’s required to really improve your property’s look.

If you’re in an area populated by professionals and established families a brand new kitchen could seal the deal.

KITCHEN RENOVATIONS

The above renovations and changes should be a priority for anyone selling their home. A full scale kitchen update, on the other hand, can be extremely expensive so it may not be the right course of action for everyone.

Consider who’s likely to buy or rent your home in the area to help you make this decision. If, for example, your suburbs occupied by mainly students and young home buyers, a new kitchen and the associated higher price tag may not be appealing. However, if you’re in an area populated by professionals and established families a brand new kitchen could seal the deal and secure a higher sale price.

Archicentre estimates that a full kitchen fit out will cost you between $12,000 and $30,000. Consider these numbers when renovating as well – generally, higher specification kitchens that cost towards $30,000 will generally only be worthwhile installing in affluent neighbourhoods. To surmise: always renovate with the end user in mind and avoid overcapatalising.

BATHROOM UPDATES

Much like kitchen updates, bathroom renovations can show solid return on investment if you know what you’re doing. Archicentre’s data shows that a new bathroom will set you back around $10,000

Up to Date

Latest News

  • SELECTING A REAL ESTATE AGENT: TIPS AND TRICKS

    Every real estate agent is different and does their job in a unique way. Find a good one and they’ll go above and beyond to create a successful sale, providing an amazing service. However, there are certain bare minimums which any real estate agent should offer. These include: Help setting … Read more

    Read Full Post

  • NEW ZEALAND HOUSING MARKET UPDATE

    Property is at the heart of the Kiwi Changes in the market affect all of us, and that’s why talk in the media of a market slowdown has been pricked a lot of ears. Look past all the noise and find out what’s really happening in New Zealand’s property market … Read more

    Read Full Post