Tip 1: Renovations can add value to a property.
Some projects do add value to a home, but others may deter potential buyers. One example of this latter scenario would be if the owner knocks out a wall between two small bedrooms to create one larger bedroom instead. If the buyer was hoping for a property with more bedrooms, they would be disappointed with this supposed improvement. Renovations do not always equal added value.
Tip 2: Use good quality materials to attract buyers.
Using high end building materials can certainly make your home attractive. Yet bear in mind that location is the most important factor for many buyers who are looking for a new home. If your property is overly done up in a suburb with less ostentatious homes, it may stand out for the wrong reasons. Buyers may be impressed with your new granite bench-tops, but they will ultimately choose the more affordable home just down the road. Over-improving can put your home out of a buyer’s price range.