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Top tips to renovate for profit

Updated: Apr 21, 2021


Have you thought about renovating before you put your home on the market?

Renovating for profit is not just about painting a wall or two and expecting that you will gain massive returns on your property.

What it is about is adding real value to your home for the people who want to live on your style of home, suburb and market value.

The team at Branching Out Co. are able to look after your build, gardens and pool areas, plus we can cover design too.

renovate for profit

Research

  • Firstly forget that this is your home and think about how it could have value added.

  • Think about the potential buyer - couple, family, empty nester.

  • What does the ideal buyer want in a home?

  • Could you add another bathroom or toilet?

  • Would your home have more appeal with a sunroom added to the rear?

Your buyer

  • Families - 3 or 4 bedrooms, 2 bathrooms, kitchen with a view to the garden to watch the kids play, secure fences and gates, a separate play room. Close to schools and transport.

  • Empty nesters - Smaller home, 2 or 3 bedrooms, high end fixtures and fittings, low maintenance, garage, close to shops and transport.

  • Does your buy need more space - Would an additional room make a difference?

  • Do you have a light filled open home or can you improve it more?

Budget

Create a budget and stick to it. Look at market trends and be realistic about the outcomes of your renovation work.

Simple can be ideal

  • Fresh paint

  • New light fittings

  • New bathroom fixtures

  • Replace door handles

Remember that first impressions count - Having your front fence, front path and garden looking amazing can make all the difference. A fresh exterior is just as if not more important than the interior. When a buyer falls in love with the first impression of your home they will think about how it can be their home.

Contact Branching Out Co. and renovate for profit today.

renovate for profit


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