Bang For Your Buck – Understanding Home Renovations & Doing Them Right

From your skin to your car – everything needs to be looked after, cared for and regularly repaired in order for it to look it’s best. 

A property that isn’t looked after adequately loses its charm and more importantly it loses its value. 

So what do you renovate when it’s time to give your property a fresh look? The windows look worn out, the floor needs to be changed, the lights, the paint, the taps, the ceiling, the fixtures, wardrobes, the list goes on!

How do you know what renovations to invest in to ensure you are making a long term investment vs a quick fix that will burn holes in your pockets? 

As property management experts, we have shortlisted the top 5 renovations you should consider to get a bang for your buck. 

#1: Paint

Painting is one of the simplest ways to make a property look well kept, new paint also gives your property a fresh look and feel. 

When you choose a paint color, remember that neutrals will appeal to a wider range of prospective tenants. 

Interior painting is a relatively easy project and you can leave it up to your property manager to handle.

#2: Bathroom Updates

When you wake up, the first place most of us go to is the bathroom, the way a bathroom is maintained often leads to a win or lose when it comes to your property. Bathroom updates and maintenance will be worthwhile in the long run. 

When you renovate, you can consider choosing tap, faucets and low-flow shower heads that will control water flow better – saving money with utilities and reducing water consumption. 

In addition to this, other simple bathroom renovations include: new light fixtures that can give a bathroom a completely different look for relatively cheap.

#3: Remodel Kitchen

The next place that could be a deal breaker is the kitchen area. You want a kitchen that looks clean and tidy. While we don’t recommend a full kitchen renovation; there are a few things you could change. You can explore some small, more cost-effective updates to make your rental property. 

You may not have to replace kitchen cabinets, but a very thorough cleaning, refinishing or simply changing the doors of the cabinets will make the whole difference and give your kitchen a fresh feel.

Another thing you can invest to ensure upkeep are dripping old taps and wall sockets that may cause damage to your property in future, leading to larger repair costs. 

#4: New Windows

People love windows because that’s the medium to let in fresh air and natural light into the property. 

New windows will make your property look aesthetically more pleasing, if there is broken glass or a damaged window be sure to get it changed. 

If the whole window does not need replacing and just the mesh on your window looks worn and torn, make sure to get those changed as they may give the property an old raggy look.

In addition to this, deep cleaning of windows is one of the simplest and cost effective ways to make the property look good as new. 

#5: Deep Cleaning

While this isn’t necessarily a renovation, it is by far the most cost effective way to make your property new. 

A good deep clean, will ensure there are no cobwebs, stained windows and dirty floor marks left behind, it will make your property feel fresh on first encounter. 

Based on the lease turn-overs, try and get a deep clean done every time your property is ready for a new tenant, this will ensure the upkeep of the place and also prevent years of dirt piling up in lonely corners of your property. 

If all of this sounds overwhelming and you don’t know where to start or how to find the right vendors – ask us and we’ll do it for you. 

As property management experts, we ensure that your property is looked after for you and ensure we conduct inspections to access when it would be necessary for you to make these kinds of investments in your property.

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