Need your property questions answered?

Before renovating, consider whether upgrading your current home is more cost-effective than moving to one that better suits your needs, taking relocation costs into account. If you do renovate, ensure the work is completed to a high standard, as poor-quality renovations can reduce your property’s value.

Avoid over-capitalising

• Obtain a professional valuation of your home in its current condition.
• Establish the ceiling price for your suburb by obtaining recent sales statistics before proceeding with a major upgrade.
• When making lifestyle improvements, ensure that these retain a timeless, broad appeal for discerning future buyers.

Here’s where it counts:

• Create better flow by removing non-structural internal walls (where permitted and not in heritage properties).
• Invest in modern, tastefully designed kitchens and bathrooms, favouring simplicity over extravagance.
• Avoid overspending on premium fittings.
• Additional bedrooms and bathrooms generally add appeal.
• Green features such as solar systems, boreholes and water tanks enhance saleability.
• Avoid costly additions with limited appeal, such as swimming pools in water-scarce areas, tennis courts, billiard rooms or wine cellars.
• Covered patios and upgraded entertainment areas are worthwhile lifestyle and investment enhancements.

Ways to spend less

• A coat of paint still does wonders.
• A little landscaping can lift a home.
• New light fittings are a surprisingly quick fix.
• Change kitchen counter tops and respray cupboards.
• Enhance your property’s curb appeal.

“The primary reason a property fails to sell is its price. When a home is overpriced, buyers focus on every drawback, from traffic noise to outdated kitchens and bathrooms. When priced correctly, they are more likely to see its overall value and potential. Outdated kitchens and bathrooms remain among the most common factors that deter buyers and reduce perceived value.”

Get Professional Property Advice

Ready to make your next move or need an accurate evaluation before you renovate? Connect with us today for expert guidance tailored to your neighborhood:

• View our latest listings and contact the team: Pam Golding Properties East Rand
• Get a professional property valuation: Contact Caroline Franks – Pam Golding Properties Benoni