Top Five Renovation Tips to Improve the Value of Your Home.

Renovations, whether big (adding a new room) or small (new light fittings) can be a great way to increase the value of your home. Often, significant value can be added to a property through relatively minor changes. However, carefully choosing what kind of renovations to undertake is crucial. Carrying out unnecessary work can sometimes incur huge expense while adding little to the sale value of your home.

Here’s a list of the top five renovations tips that will add value to your home. Let’s start with perhaps the most essential:

1. Insulate! Insulate! Insulate! The value this adds to your home cannot be overstated. Today, this is considered an absolute necessity by many homebuyers, in fact not having insulation can easily create the perception of an unhealthy home. With the EECA Energywise programme subsidising the cost of insulation, there really is no reason not to. For more information on the subsidy head to: www.energywise.govt.nz/funding-available/insulation-and-clean-heating

2. Add a Deck If you have the room adding a deck is one of the simplest ways to increase the value of your property. A deck is one of the best ways to create the much-desired ‘indoor-outdoor flow’. They’re also great for entertaining, something potential homebuyers will want to visualise when inspecting properties.

 

3. Refit the Kitchen Prospective buyers know they’re going to spend a lot of time of the kitchen of any house that they buy. A tidy, modern looking kitchen can seriously improve the value of a home; when it comes to updating there are two options: replace or recover. The state of your current kitchen, budget and end goal will determine which is the right option for you. Whether your looking to replace or recover, your key targets are benches, cabinets, drawer fronts, skirting; handles, whether door, drawer or cabinet are noticed more than most people realise and new or cleaned handles can make a big difference at little cost. One addition to your kitchen that can really bring a modern feel is splashback glass, it has a very clean look and comes in a wide range of colours to suit any colour scheme.

4. Update the Bathroom As with the kitchen, the aim here is a modern appearance. A bathroom that looks old will instantly date the entire property in the minds of prospective buyers. Updating your bathroom needn’t be expensive or difficult; simply replacing the fixtures like cabinet fronts and faucets, as well as the lighting, can quickly modernise the entire room. Replacing stained grout will undoubtedly modernise the room. For those with the know how, a DIY refit of the bathroom can be very cost effective.

5. Create curb appeal The greatest house in the world is still going to be hard to sell if you can’t get people in the door. As they saying goes first impressions last; creating curb appeal, or a desirable entryway is one of the best ways to add value or help sell your home. A prospective buyers first memory of the house is often the one that sticks and a little can go a long way in this area of the property. The first thing to do is make sure any garden or lawn areas are looking great; make sure they’re tidy, adding plants to the front of the home can really liven it up. Painting the entranceway is one of the best ways to blow the cobwebs off the front of the house. Painting the entrance door a bold colour can really make your house stand out, just be careful not to go for something too ‘interesting’.

Renovations are something that cannot be undertaken without some serious planning, hopefully these tips will serve as a great starting point for those of you wanting to add value to your property.