“Bathrooms and kitchens can sell houses. If one needs doing, buyers will usually accept it and factor this into any offers. If both need doing, it becomes a renovation project which puts a lot of people off completely”, says Jarrod Van Haasteren from Real Estate Agents Group. For every real estate property management, it adds an instant ‘wow’ factor and pushes a sale.
Planning to renovate your house before a sale? Check out the following tips!
Don’t Over-Capitalize
Forget about over-capitalizing just to impress your homebuyers. “Be cautious. You want to be able to reap the benefits of the added value at the point of sale, not just recoup your costs”, Xavier Davey from Turner Real Estate explains. A clean and modern-looking bathroom will be noticed by your homebuyers.
Do your own research
You can get ideas from Pinterest and other real estate websites for an additional information. You should also hire a professional to do it so it will look exactly like what you want.
Keep it neutral
“Keep the style and colors basic. Potential buyers like a blank canvas that they can then put their own tastes to”, Xavier Davey said. Do not ask if you can do it yourself because if you want it to look better, you can just reduce the cost. Good project Management usually involves professionals. Every good Property Manager knows when to hire professional outside help.
Can I do it myself?
Bathroom renovations can run into the tens of thousands. Doing it yourself can greatly reduce the cost but be realistic about your skills. Even simple designs can be complex and involve professionals – plumbers, electricians, tilers, demolition and gyprock experts etc.
“Knowing how to complete each task in the correct order is essential in avoiding mistakes and blowing out costs. In some cases, it’s best to leave the tricky stuff to the professionals. Vendors can still save money by doing the painting and attaching fittings themselves”, Mark Compare, from On the Mark General Services explains.
Always keep in mind that the buyers are willing to buy it if they see the quality in your home. It is your job to have an organized renovation plan for the home you own before deciding to sell it. Of course is you own a rental property you should talk to your property manager and get their suggestions before you begin any work.
Source: https://sarealestatenews.com.au/top-5-tips-renovating-bathroom-resale/
