A recent Sydney Morning Herald article points to this recent report from Archicentre - the results from a poll of over 800 architects to see what the trends were in renovations. A look at this report could help you decide which home improvements will increase the value of your home, and which will not necessarily break even.
A few other ideas that don’t involve costly renovations:
- mow the lawn; tidy the outside of the house - in times of mortgage stress, a photo of a house where the backyard is untidy suggests that the vendor is desperate to sell, and that they would take a lower price.
- clean and tidy the bathroom - it’s a room where someone who is inspecting the house will quickly sense how well the rest of the house has been looked after.
- remove clutter: rent some storage if you need to - a house that is full to the rafters gives a sense of being smaller than it actually is: if you clear out some of your belongings, you will instantly create more space.
- clean the house thoroughly - in keeping with tip number 1, this will present your house in the best possible light.
- air any rooms that need airing - though it won’t come up in the online listings, someone who inspects your house in person will be able to tell that some rooms have a musty odour. This is especially worthwhile if you have pets.
- add some energy-efficient light globes - with so many people looking to save the planet, it doesn’t hurt to send the message to potential buyers that you are interested in doing your part.
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