Struggling to sell or lease out your property?
Considering renovating to improve your chances?
Renovations done right can increase the value of the your property and improve your ability to sell or lease out your property at best value and quicker.

A few things to consider:

It sounds easy, I mean some new paint, a new door here and there, some new cupboards

The reality is renovations can be really stressful and can quickly get out of control and become expensive.

Research the are and understand the expectations and needs of potential buyers and tenants. Ensure that your changes appeal to the broadest spectrum in this area and that they are most importantly useful and necessary.

Spend money where absolutely necessary Mxim your biggest line items will be in the kitchen and bathroom. Get quotes for all work to be done and materials required. Keep a close eye on the budget, document everything. Make room for contingencies.

Have a plan on what to tackle, preferably start with structural items moving to the ‘smaller’ items. Try not to deviate from the plan, this can cause delays and increase costs unnecessarily.

Hire professionals. Obtain previous work references and where possible complete site visits of previous work done. Be ready to project manage and be hands on, undertand the works done and progress requirements for each.

Don’t skimp on quality, especially on things that create value (but keep in mind that expensive doesn’t always mean quality or ‘good’ taste). Good taste doesn’t mean what you like, it means what appeals to the relevant market and besides you may have lost your taste to COVID-19.

On completion, hire a professional to double check everything so they can pick up snags to be fixed.

Too see the full article: https://propertylink.africa/a-few-things-to-consider-when-renovating/