Most people consider the kitchen to be the heart of the home, and because of this, updates in this room pay off. You can expect to recoup 60%-120% of your investment on a kitchen remodel, as long as you don’t go overboard. You should never make your kitchen fancier than the rest of the house, or the neighborhood.
2. Bathroom Addition:
If your home only has one bathroom, you can recoup a large chunk of your investment by adding another one. Craig Pontey Director at Ray White Double Bay estimates that you can recoup 80%-130% of whatever you spend adding a bathroom.
These days, buyers shop for homes with energy efficiency in mind. Old, drafty single-pane windows are a major turn off. Adding Energy efficient windows can save you in heating and cooling costs by making your home more energy efficient.
4. Basic Updates
Basic updates add the most value to your home. Keep the paint fresh, fix the roof when it leaks,
replace wood that rots, and get rid of any mold that you find. These types of chores keep your home from deteriorating over time. Buyers want a healthy, solid, safe home, and they look carefully for signs of routine maintenance.
Give your home a general makeover with things like pendant lighting, subway tiles in the kitchen and a farmhouse sink.
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Ray White Double Bay director and top agent Warren Ginsberg has been recognised as a Young Gun of real estate in a recent article by The Daily Telegraph. Warren along with his team of Claudia Brunker, James Campbell and Sophie Eaton have achieved the number 4 position in all real … Read more
After a bumper April, the team have managed to surpass their sales record again, with the month of May setting a new record of over $255,000,000 of transactions! With 69 properties sold, we are so happy to have helped 140 individuals and families to the next stage of their lives … Read more