At BTF Constructions, we often guide our clients in choosing the right projects that enhance their living experience and prove a wise investment. We love renovations that make your home more appealing and save you some hard-earned dollars in the long haul.
A shiny new kitchen or a spa-worthy bathroom are dreamy additions, but they need to work to your house’s unique DNA and personal goals.
Perhaps you’re gearing up to sell, and the kitchen desperately needs a facelift – in that case, a full renovation can help you attract buyers and recoup your investment. Yet, it’s crucial to remember that what works for one may not work for all. Your renovation decisions should align with your property’s character and aspirations.
To embark on this renovation journey with confidence, consider this your friendly reminder: every nail, every tile, and every paint colour should be chosen with your end goals in mind. And, of course, don’t embark on this adventure alone – talk to experts like us, do your homework, and make informed decisions.
ROI renovation tips
To help you get into the right renovation value headspace, here are some tips for achieving the best return on investment (ROI) with your home improvements:
Strategic value addition
Before diving into renovations:
- Focus on projects that genuinely add value to your home.
- Consult with your local real estate agent to understand what improvements are likely to yield a positive return.
- Research the ROI of potential projects by exploring how similar renovations have impacted the value of other homes in your area.
Pro tip: A licensed real estate agent can provide valuable insights.
Quality Over Quantity
Contrary to the belief that bigger renovations bring greater rewards, sometimes less is more. Smaller, more targeted projects sometimes offer higher ROIs than major remodels. Consider a series of smaller, cost-effective improvements, especially if your home is already in decent condition. These can collectively enhance your property’s appeal without breaking the bank.
Broad appeal
Customise your home improvements with potential buyers in mind. While personalising your space is tempting, opt for neutral choices that appeal to a broader audience when preparing to sell. Steer clear of bold decoration choices, such as vibrant wall paint or intricate landscaping, which may not align with everyone’s tastes.
Market awareness
Leverage your real estate agent’s expertise and conduct your own market research. Understand common renovation trends in your area and the preferences of potential buyers. Tailor your improvements to align with the expectations and desires of the local market, making your property more attractive to prospective buyers.
Energy efficiency matters
Prioritise energy-efficient upgrades, such as improved insulation and modern appliances. In an era of heightened energy consciousness, buyers appreciate homes with lower utility costs. Showcase these features to give your home a modern and tech-savvy appeal, appealing to environmentally conscious buyers.
Respect the original style
Maintain the authentic style and period of your home during renovations, especially if it has a distinct architectural style or historical significance. Avoid drastic deviations from the original look; instead, aim for renovations that seamlessly blend the old with the new, preserving the charm while making the property more appealing to potential buyers.
Pro tip: Strike a balance between enhancing your living space and making strategic improvements that resonate with potential buyers in your local market.
Home renovations that pay off
- Cladding
If the exterior of your home is in need of repair, consider improvements such as replacing it with new modern cladding finishes. Ensure the product you use is suitable and protects your home from the elements.
- Entry Doors
Installing new timber entry doors enhances curb appeal and contributes significantly to the first impressions of your home.
- Windows
New windows improve aesthetics and play a crucial role in your home’s design, allowing light and air to flow freely.
- Roofing
If your roof is over twenty years old, replacing it adds significant value to your home. Despite being an expensive exercise, it can recoup a decent amount of the cost after resale.
Home renovations that don’t pay off
- Hardwood Floors
Avoid unnecessary refinishing or replacement if your hardwood floors are in relatively good condition. A simple clean and light sand can breathe new life into them without significantly impacting the home’s value.
- Wallpaper
Installing wallpaper is an expensive process that offers minimal resale value. It adds a personal touch but can make the house feel dated. Considering its cost, it’s advisable to opt for more timeless and neutral wall paint finishes.
- Excessive landscaping
While landscaping is essential for curb appeal, overdoing it with excessive landscaping may decrease the home’s value. Maintain a polished yard but avoid personalised features that might not appeal to a broad range of buyers.
- Full kitchen renovation
If your kitchen is modern and in good condition, avoid a full renovation as it can be expensive and yield minimal cost recoup after selling. Consider smaller, targeted kitchen improvements that offer a better return on investment.
- Carpeting
Carpeting, especially in areas beyond bedrooms, can make your home feel outdated and is challenging to keep clean. Buyers may view it as a drawback, so consider replacing it with more modern flooring options to enhance your home’s appeal.
Looking for tailored renovation advice based on your specific circumstances?
The BTF Constructions team are distinguished, multi-award-winning custom home builders in Adelaide with expertise in all kinds of home alterations and contemporary additions. Our commitment is to design and construct homes that enhance functionality, provide ample space, and align seamlessly with our clients’ lifestyle needs. We collaborate closely with you, offering a personalised building experience and ensuring that any upgrades we make to your home offer benefits far beyond just their aesthetic brilliance. Let’s chat about your upgrades today.