Renovation before selling: what you should know

6 Jan 2020
renovation

Some TV programs have shown a radical transformation in housing before being put up for sale by applying some renovation work. However, it is necessary to be realistic and accept that a renovation at home is not going to mean an increase of twice its price. In general, the appraisal value may increase an additional 10% to the cost of the work. A complete renovation between 15 and 17%.

What work to do at home to sell


First of all, it is important to keep in mind that the renovation of your home has one purpose: its sale. For this reason, the changes that you are going to apply will be destined to give a cleaning to the property; It is not about adapting it to your preferences, think that the improvement should be objective because very different people are potential customers of your home.

What do we mean when we talk about an objective improvement? In a home there are characteristics that can be assessed objectively and subjectively. Subjectively, we appreciate the design of the furniture, the colors of the walls or the distribution of the rooms. However, we seek to identify all those objective qualities that are within our reach to improve.

A good starting point for the renovation is to evaluate the current and future breakdowns of the house. Some problems such as leaks, dampness or poor condition in the structure should disappear if we want our house to be attractive. In addition, it is always advisable to give a hand of paint to the whole house in a neutral color: preferably white, since it is associated with cleaning.

One of the most valued rooms in a property when deciding the purchase is the kitchen. However, renovation work for sale in kitchens must be restrained so as not to end up investing more money than necessary. The renovation of floors can work very well combined with a hand of paint of a neutral color on the wall tiles: currently there are products that offer a great result on the tiles and will prevent you from having to tighten everything again. This last tip is also applicable to bathrooms.

As for the furniture of the property, it is advisable to show it as empty as possible in case the furniture available is very outdated or damaged. If it is not possible to empty the house, we recommend distributing the elements so that the rooms look as large as possible.

Finally, it is also important to consider aspects such as energy efficiency. The renovation of windows by an adequate glazing and insulation system will greatly improve its quality in terms of sustainability.

How to know if a renovation is necessary


Convert or not a property before putting it on sale is your decision. You must take into account the context in which you sell it by analyzing what other properties are offered in your area, what state they are in and what price they have. From Habitat we carry out this type of advice to our clients, since we have an integral perspective of the real estate panorama in the South Costa Blanca, especially in the municipality of Los Montesinos and its surroundings.

If you are interested in evaluating the ideal price for the sale of your property and deciding if a renovation can help you, contact us at info@habitatrealestate.net or by calling (+34) 966 720 250.

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