If you plan to renovate the property to sell it, we will tell you the particularities of embarking on this process with one main objective: to revalue it to sell it. Do we renovate to sell? This is what many owners and potential investors ask themselves when considering buying a property. Whether it is worth renovating a house with the aim of selling it at a higher price depends, for the most part, on the original purchase price. Taking this factor into account, it will be necessary to assess the dimension of the reform and make numbers to calculate the possible gain. In general, it is estimated that a home that has been completely renovated can generate a return of 20% when sold. Of course, for this to happen, improvements will have to be made in practically all areas of the property. That is, to carry out a comprehensive reform. To determine the final revaluation, factors such as the location, the dimensions of the home and the average market sale price in that area must be taken into account, for a home with the same characteristics. If we are looking to revalue a home, carrying out a quality comprehensive renovation is essential to achieve the sale we want. And not only the qualities, to get a return on our investment it is essential to control the budget. If you don’t know where to start, today we tell you how to renovate a house to sell it. Keep these tips!
How to Renovate a House to Sell
First of all, to renovate a house with the aim of selling it, we must bear in mind that times and qualities are important for potential buyers to undertake the transaction. And the look & feel, above all, because we must think that this home will not be for us, but for someone else. It is important to adapt the house as best as possible for a large range of potential buyers and not according to very specific personal tastes as it could have a lower probability of purchase. These keys will help you achieve this:
- Seek help from professionals and specialists to help you in the process even before you have signed, in the event that you do not own the house. It is important that you are advised on detecting possible irregularities in the home before buying.
- When renovating, choose neutral and light colors: white and smooth walls. No gotelé, as the gotelé makes the spaces smaller. Bright colors can generate rejection.
- The floors in a wood finish enhance the value of the spaces.
- Plan ahead. Execute the planning while you are in the process of earnest money. This will help you avoid delaying your renovation project later.
- Choose elegant materials in kitchens and bathrooms. The best porcelain floors and matt tiles in white, grey or sand.
- The key is in lighting. Good lighting can completely transform the look of a home. Add floor-to-ceiling windows to maximise natural light, with blinds on the outside. Create windows in the points with the most view and light.
- Invest in heating and air conditioning. In many parts of Spain, it is highly advisable to have an air conditioning and heating system.
- Choose sustainability. In addition to increasing the quality of housing and daily lifestyle, all comprehensive renovations aimed at improving the energy efficiency of buildings have significant aid and subsidies. Effective windows and insulation can offer energy savings of up to 90%. Sounds good, doesn’t it? These particularities give greater value to the home, since the well-being of the future buyer and the economic savings in supplies is vital for the purchase to be effective. For more information, we invite you to read our post on ecological houses.
Kaleidoscope, your ally in home revaluation.
A comprehensive renovation is a complicated process, which can make us desperate when incurring in process, time and choice of materials to make the renovation perfect. Therefore, it is best to go to specialists in comprehensive renovations with all the guarantees. At Kaleidoscope we will advise you from the beginning so that you can renovate your house for sale or rent, ensuring the comprehensive renovation in less than 4 months. The time and process set from the beginning is one of the most important factors when embarking on the comprehensive renovation of the home. That is why at Kaleidoscope, through the Sara Method, we work with an internal Lean Production methodology that aligns all the parties involved, from the creative approach to the achievement of work with a fixed budget. Discover the opportunities for home revaluation by contacting us on 96 106 40 67 or through our planner.
