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Renovation tips to increase the value of your home

By Kevin Kelly

Thinking of selling your Bunbury real estate? Ray White are an excellent choice to help you do it, and we even offer free property appraisals. Before you do this, however, consider trying a few of these handy renovation tips to maximise the return you'll get from your property.

1. Refit the kitchen 

If you're only going to do one room up, it should be the kitchen, according to property TV show guru Phil Spencer. As the "showpiece area of the home", it's where prospective families will likely spend a lot of their time, especially if you live in an open-plan house where the kitchen is also the main living area and dining room. This means everything about the space has to look its best. It's easy for kitchens to look outdated, so changing the fittings is a must. Make sure the price of your kitchen still matches the price of your home, however. 

2. Think hard about how many bedrooms you need

There's a big difference between a two and a three bedroom house. However, there is not such a big difference between four and five bedrooms So, if you think your house really could do with an extra bedroom, consider converting the loft, garage or basement.

3. Create external appeal

The first part of your house that anyone will see, including prospective buyers, is the outside. Therefore, this is something you really need to focus on. Painting your house is a must, especially as it's relatively cheap, but it can make a big difference. If your doors are faded or peeling, buy new ones – the same goes for your letterbox and welcome mat. 

4. Do all those odd jobs

Most people's homes have a few little peculiarities, things that don't quite work as they should, but that you are used to and no longer really notice or mind. The only reason you're used to them, however, is because you've lived in your house for a long time. A new buyer will notice these little things straight away, and so a weekend of DIY fixing odd jobs around your home is definitely in order.

There you have it, four easy things you should think about doing before you sell your house. Just remember not to outgrow your street – don't upgrade your house so much that it's worth twice as much as the others on your road. No one will be looking for a $500,000 house on a $250,000 street!

If you own rental property in Bunbury, renovating your house is also a good way to increase your rent yields. Contact us on +61 (8) 9780 0700 for more information. 

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