Renovating To Sell: What You Need To Know
As a trusted firm of builders in Guildford, NBC Construction have done many renovations over the years for numerous clients all with their different reasons. A fairly common one, however, is getting a property ”fixed up” and in a good shape to to showcase and sell, which is of course very different than renovating your home to fit your own wants and need. But just what should you watch out for?
Renovating your home for the express purpose of selling it changes how you’ll look at many aspects of the project, and ensures that you’ll be keeping an eye on the impact anything will have on your home’s (potential) value.
As a team of builders in Guildford, we know that kitchens and bathrooms are usually the most expensive rooms to renovate, so you want to keep any work done here to a minimum. Make sure that these rooms are practical, functional, and presentable. Don’t worry about “making a statement” as this may simply manifest as lost return – extravagant kitchens and bathrooms don’t always add value to your home, and many buyers will want to personalise these rooms themselves anyway.
Renovating for your needs is certainly easier in that you know what your needs are, but when remodelling for potential buyers, you’ll need to keep things more generic to broaden the appeal – anything too “specialised” will narrow the market interested in your home. Experts like those at NBC Construction will be able to advise you what renovations will make your home more marketable. You may also wish to speak to your property agent to find out what buyers in the area are currently searching for.
You’ll also want to check for any general features that may lower the value of your property and either remove them from your home or steer clear of them altogether. For example, did you know that having a bathroom on the ground floor could lower the value of your home by 6%? Or that combining two bedrooms into one larger one could lose you money too? It pays to remember that not all renovations are helpful ones when it comes to actually selling your home.