If you plan to renovate your home, it pays to think about which modifications will add value to your home if you choose to sell it in the future. While some rooms add a lot of value, they also cost more to renovate, so there is a lot to weigh up when making your decision. We’ve broken down which rooms and areas of the house add the most value to your home without costing you more than you’ll make. If you are thinking ‘which room should I renovate?’ keep reading to learn more!
The Kitchen
A kitchen is more than a cooking space. It is a gathering point in many homes, especially for families and people who like to entertain. Kitchens are focal points for many buyers and can make or break the sale of a house. A full kitchen renovation in NZ can cost over $30,000 or more but can add significant value to your property. If a complete renovation is out of your budget, it can be more cost-effective to do minor work such as repainting, changing the cupboard doors and handles, and installing new work surfaces.
The Bathroom
A new vanity, mirror, a coat of paint, or a tile replacement can go a long way towards modernising an existing bathroom. Modernising a bathroom and ridding it of grime and mould can instantly draw a bigger crowd of buyers. Most people prefer to have a second bathroom and toilet in the house. If you only have one, you could consider adding another toilet or an ensuite bathroom. However, this can get expensive as you may need to gain consents for the extra plumbing etc.
Add a Spare Room
Before adding a room to any property, you need to consider the demographic that would be likely to rent or buy it. If you own property in an area populated mainly by families, adding an extra room to a two-bedroom home will likely add value. Sometimes a reconfiguration of the existing floor space will make more sense financially than building an extension.
Add a Deck
Decks and patios can also add a lot of value to a house. It’s no secret that kiwis love the outdoor lifestyle, and decks are a great way to tap into this. If large enough to comfortably contain an outdoor dining table and chairs, it can be used as a family gathering space and a place to entertain. A deck can expand your home’s functional space and increase your home’s value by up to 30 per cent. If you want to install a new deck, HomePro’s sister company, Custom Decks and Fences, can provide you with all the advice and guidance you need.
Ready to renovate?
If you are looking for help with your home renovation in Auckland, trust the team at HomePro. We are your ‘one-stop shop’ for home renovation projects. Our NZ qualified, experienced, and trustworthy team provide the design knowledge and experience, coupled with all the trades required to complete Auckland interior, kitchen, and bathroom renovations from start to finish – fully project managed with daily progress updates. Get in touch with us today to discuss your renovations.