Adding value to your property

Spice up the kitchen

The home is defined by its functional rooms --- places where people spend most of their time, engaged by their surroundings. This is why a top-notch kitchen is widely acknowledged as the primary improvement for boosting the value of a property.

Kitchen upgrades for adding value:

• A layout that maximises space and social interaction
• Modern finishes on surfaces and cabinets
• Large, bright windows that let in plenty of light
• Trendy or classic styles on plumbing, taps and light fittings
• A new stove and spacious, easy-access oven
• Brand new appliances (especially in furnished rentals)

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Freshen up the bathroom

No matter how beautiful the home, a withering bathroom can still turn away potential buyers and tenants. Cosmetic refurbishments (like tile paint and a new shower head) may help but fixed features like tiles, pipes and the bathtub, can be a dead giveaway of age and condition.

Bathroom renovations that make a difference:

• Professionally installed on-trend tiles
• Matching sink and bathtub (if applicable) in a modern design
• New vanity with a large mirror
• Spacious shower recess
• Bright windows or a skylight
• Plumbing that's either concealed or stylishly featured
• Coordinated look and feel, with matching taps and fittings

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Create entertaining outdoor spaces

Well-defined spaces for entertaining makes the prospect of a new home, and a new lifestyle, all the more real --- especially when buyers and tenants can ride the high, and host a fully featured housewarming as soon as they've unpacked.

Elements of a 'move in'-ready entertainment area:

• Decking and a pergola to designate a 'sitting zone'
• Attractive fencing, or fence coverings
• A landscaped or freshly planted garden
• Social food preparation areas (eg. a fixed barbecue or outdoor kitchen)
• Spaces for play (eg. a new lawn, spa or backyard pool)

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Improve the environment

Ambience can have a noticeable impact on our moods and general well-being over time. Although a homebuyer can easily remedy dark and chilly rooms with lamps and furnishings, starting out with bright and comfortable surrounds can help reinforce your original asking price.

Creature comforts worth considering:

• Reverse cycle air-conditioning --- suitable year-round, regardless of climate
• In-floor heating in areas with colder winters
• Paint, flooring and window-coverings selected to maximise room brightness
• Sealed windows to maintain indoor temperature
• Garden plants chosen for minimise or maximise shade
• Heated lamps and towel rack in the bathroom

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Find out more about Home Renovation Loans today