Renovating to Sell
15 June 2018PART 1 – RENOVATING TO SELL
When it comes to selling a house there are certain spaces where spending big renovation dollars can really add value and the family bathroom is definitely one.
There’s no doubt a good bathroom can help sell a house and a great one can add thousands to the price – so if your agent says yours needs some “work” to get the asking price you’re looking for, then our experts Carmel and John Vicchi at Creative Bathrooms & Interiors have some golden rules to follow:
DO NOT OVERCAPITALISE
A renovated bathroom will only add a finite amount to the final price no matter how much you spend; so if you want to walk away with a profit you must set your budget and stick to it.
Being clever where you spend your money is how you’ll maximise your return on investment (which could mean up to a 66% return with a smart renovation).
Using John and Carmel’s long experience will help you put that money in the right place and get your budget spot on to achieve the best result (remember we’re doing it so you have the money to put the bathroom of your dreams in your next home).
KEEP IT CLASSIC, TIMELESS, ELEGANT AND NEUTRAL
The latest trends are fun but to maximise appeal stick to the tried and trusted – save the fun for when you’re renovating to stay. Now is not the time to live out that “Romanesque ” dream and “Hamptonsy/ French Provincial statement features” can wait.
But classic and neutral doesn’t have to mean boring – Visit our gallery to see some of our favourite elegant and timeless tiles and fittings that can work really well when renovating to sell.
THINK ABOUT YOUR BUYER RATHER THAN YOURSELF
Who is the market for your home?
For instance, if you’re downsizing that young family contemplating buying your home may well be wanting different things to you – that elliptical, deep-sided, free standing bath you dream of may have the ‘wow factor’ but is it the right choice when it’s not as practical to lean over to bath toddlers – maybe a longer one so your buyer can fit all their kids in might be the go?! ( Remember sacrificing it now can mean making the profit you need for us to install it in your ultimate bathroom where you will be the one luxuriating in it)
WORK PRACTICAL WITH THE FOOTPRINT
Everyone wants a shower and a bath, a smart vanity and lots of practical storage. That’s a lot to fit in – especially if you have a small space, so keeping it practical is key. Freestanding baths need larger spaces (you have to be able to get behind them to clean and there’s an Australian 100mm standard for distance from the wall) so an inset bath may be the go – but before you get too disappointed there are some stunning and inventive compromises to be had.
And if your heart is set on the “freestanding” look there are “back to wall” freestanding tubs that may be worth the investment like the family tub shown above.
Thinking about a twin rain shower instead of a bath? – Carmel’s advice is “I would only ever delete a bath if you are not a “bath person” and this is your forever home” Again save the twin rain shower for renovating to stay.
Having said that – If you can it’s always best to go with a separate shower stall if you can and with clever design this can be achieved in some very tight spaces
ADD A “WOW FACTOR” BUT MAKE IT BUDGET APPROPRIATE
Luxury sells- there’s no doubt about it. But stick to luxury that won’t over capitalise
Here’s a list of Carmel and John’s best tricks for adding luxury touches and ‘wow factors’ for renovating to sell:
Beautiful Tapware; a double vanity if space allows; a stone benchtop ; warm Timber elements in the vanity; an amazing mirror; a double shower with a clever shower niche and a frameless screen. All of these on their own or combined give you that luxury look and bring in a good return on investment.
For expert advice in creating the perfect bathroom to sell your home contact Carmel and John at Creative Bathrooms & Interiors and they can guide you through the whole experience.
Author- Tessa Hosking Blog4u.com.au
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