If you’re planning lots of renovations before you put your property on the market, step back and look at the property as a whole. You might not have to do absolutely everything!
It may seem like there are a thousand and one things to do to get your property into a decent selling position. But you need to identify what’s essential and what can wait. Andrew Winter shares his expert property advice.
- If you have serious safety and building issues with things like plumbing, electrics and structural problems, you need to deal with these first. But after that, pick items that will give you the most bang for your buck.
Investigate the costs of any non-essential refurbishments that you’re not going to, and give this information to the buyers to tempt them to the possibilities of your home.
Tackle any key areas which really need attention, such as very outdated kitchen or bathroom, or old worn out carpets!
Do some research into the condition of other properties in the area and make sure your planned upgrades are comparable - there’s no need to blow money on expensive finishes if nobody else in the street has them, especially when the cheaper alternative is still looks the part.
And to sum up, always keep your renovations to scale, always keeping an eye on the costs, and make sure the improvements you do actually add value. And never let the costs cancel out the profit!
Got a question for Andrew? Ask him here.