Thinking of putting your home on the market? As recent real estate data shows, the New Zealand housing market is firmly in sellers’ hands in most parts of the country. And with buyer demand as strong as ever, opportunities are ripe to maximise your sale price.
If your house looks a little tired and could do with a revamp, you may not need to undergo a time-consuming, resource-draining renovation – sometimes, it’s the small things that really add up. Here are some value boosters to consider, according to the experts.
It’s no secret that renovating your kitchen can have a transformative effect on your home, but without a fair share of planning, kitchen renovations also tend to be quite complicated and expensive.
If you’re looking to make your kitchen a major selling point for your home, new cupboard doors and handles can be a quick and budget-friendly solution. Alternatively, replacing the splashback is often the one change that sets the personality of the room (Houzz has some handy tips to help you choose the right materials and colours for your space).
Plus, to captivate environmentally-conscious buyers, you may want to install energy-efficient appliances, like a new dishwasher.
Along with the kitchen, your bathroom is one of the most valuable rooms in your home, and there are ways to remodel a bathroom without draining your wallet.
For example, some experts suggest installing a wall-mounted bathroom heater as well as replacing the hardware and fixture accents throughout the room, like drawer knobs and showerheads.
New lighting can also set the mood and tone for a reasonable amount of money. Make sure you get the balance of lighting right; according to New Zealand interior designer Celia Visser, “LED does not work well in bathrooms as it gives shadow lines, and make-up can look like a different colour.”
Around the home
Even seemingly minute details throughout the house can make a big impact on the sale price.
Painting old doors bright white and hanging new floor-to-ceiling curtains in neutral colours are both easy ways to lighten up your home. And of course, keep your flooring top of mind. Worn-out carpet can instantly ruin the appearance of your property and put off prospective buyers, so consider getting it cleaned or (if necessary) replaced. You may even find old floorboards underneath that, if treated correctly, can be restored to their original splendour.
Plus, don’t forget to replace your old-looking light fixtures and switch covers…
Outside the home
First impressions count. Repainting your front door and garage door, either in neutrals or bolder tones to add style, can make your home look up-to-date and well-maintained before a buyer even sets foot in it.
Take a good look around. Could the property do with a brand-new letterbox? Is your fence in top condition? And when was the last time you had your trees trimmed?
If you’re looking for cost-effective ways to boost your home’s appearance, upgrading your landscaping with flowering trees can offer both shade and curb appeal, all in one.
Another way to build equity in your home
Well-thought-out home improvement projects – big and small – can help you build equity in your home. Plus, you can create equity by paying off your mortgage faster, for example by making regular extra repayments or changing your home loan structure. Please visit our website to find a Mortgage Link adviser in your area and learn more about your options.
Disclaimer: Please note that the content provided in this article is intended as an overview and as general information only. While care is taken to ensure accuracy and reliability, the information provided is subject to continuous change and may not reflect current development or address your situation. Before making any decisions based on the information provided in this article, please use your discretion and seek independent guidance.