Renovating your investment home for best results

Renovating your investment home for best results

So, you have just purchased an investment property or maybe your tenants have vacated and your property needs a refresh? Renovating can be expensive and there can be many pitfalls. You want to make sure you get as much value for your dollar as you can, so read on for smart and money-wise ways of revamping for the best results.

Kitchen
If you are on a tight budget, the kitchen is the area that you should spend the most money on, especially when it comes to the kitchen benchtop. Considering an option such as reconstituted stone can really add value to your investment property.

When deciding what sink to go for, it is best to avoid under mount sinks with stone tops. The stone is known to chip over time causing it look tired.

It is also recommended to steer clear of outlandish colours for the cabinetry, as this might turn off some would be tenants, plus they will date very quickly.

Natural Light
Abundant natural light will improve the look and feel of any home. Introduce a skylight if your budget allows.

Lighten up floors, using a light coloured timber or tile, with white paint on the walls. Keep window coverings simple, ideally light coloured roller blinds. All these will make the place look and feel bigger.

Do’s and Dont’s

  • Don’t carpet the dining area, as it will get dirty very quickly and will be harder to clean. It is best to use hard flooring such as tile, vinyl or floating floor. Avoid the use of feature walls – they alienate some people and can look dated.
  • Use a better quality, durable paint, as it is easier to wash down at the end of a lease, and cheaper than repainting.
  • Don’t use feature tiles in bathrooms, keep it simple. Look for larger format tiles which means less grout to clean.
  • While you can do a lot of the works yourself, don’t attempt specialist renovation items on your own. Call in the professionals for things like waterproofing, plumbing, electrical or cabinetry as it may end up costing you more in the long run.
  • Plant some low maintenance plants in the garden. Look for native plants as they will tolerate a bit of neglect and don’t take much to look after.

Designer’s tip
Choose a white paint colour for all walls which has a touch of black in it, such as Dulux Natural White. It provides great coverage and you may only need to apply two coats instead of three.

Written by Tania Bell from Green Room Interiors

 

Share:

More Posts

March Quarter Update

“Unprecedented” was one of the most commonly touted words of 2020, frequently used to describe the events being experienced due to the COVID-19 pandemic. Its use, however, has continued in earnest in 2021, but this time in relation to the increasingly robust activity being witnessed in the Australian property market. 2021’s Q1 results have delivered record outcomes in a number

Record low interest rates keeps the property market sizzling

It’s the tiny number that has a massive impact on our economy – and Australia’s interest rate is expected to stay small for some time yet. The Reserve Bank opted to keep the official cash rate on hold at 0.1 per cent at its April meeting. This was the fifth time the rate was cut or held at the record

A Styling Consult With A Difference

When you sell your home styling it for sale is big business these days. Removing all of your furniture and having a staging company move in their carefully curated furniture, homewares and artworks is quite commonplace. If you don’t wish to go to that expense and effort and you already have some beautiful furniture in your home, there is a

DIY cleaning approaches for a sparkling home

A clean abode is a must-have before selling. The only rapt person to discover a mouldy bathroom (complete with a stained toilet) is a bargain hunter who knows they are likely to nab a great price. A fresh, hygienic home leaves a positive impression on a would-be buyer – and makes any homeowner feel great, too. Here are some tried-and-tested

Send Us A Message