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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July 23 marks National Property Managers Day, a moment to pause and recognise the people who work tirelessly behind the scenes to care for homes, support landlords, and ensure tenants feel looked after. At Ray White Double Bay, we’re proud to celebrate our dedicated Property Management team. They are the … Read more
It’s been a record-breaking year for Loan Market Double Bay, marked by growth, innovation, and national recognition, with over 330 clients supported, $350 million in loans settled, and a standout personal milestone for team leader Dan Pym, who has officially surpassed $1 billion in settled loans across his career. “This … Read more