I’m in the process of getting my home looking modern and attracting the right type of people that would purchase the place.
I would like to ask people out there how they went about this process and of any little tricks to do in regard to getting tradesman in the right order.
I’ve spoken to a few builders and got some quotes for work. Does it work out to be more cost effective to find each contractor yourself? Does the builder put a premium on the price for using his crew?
I’ll be bringing a small bathroom up to scratch including retiling, new shower recess ,toilet and vanity unit. Also some plastering work on the ceilings including removal of the kitchen ceiling due to excess bowing and possibly removal of sheets on the walls too. I’m also looking to add some more kitchen cupboards and range hood. I’m also adding another bedroom in available space.
The difference I’ve budgeted from the value of the house now to when it’s complete is a conservative 40k. The cost of improvements is about 20k to complete.
Any thoughts on this or ways of getting things done smarter would be greatly appreciated.
Cheers.If you are handy, have a lot of tools and the time, you could do most of this yourself.
I have done 3 renos, and did everything except the compliance stuff – plumbing, gas, electricity. I got the plastering done as I can’t do that (yet).
Allow about 50% more time than you think and more dollars than you expect to get the job done.If you are a high income earner with time constraints then get the builder to handle it. He will co-ordinate the tradesman (it’s a bit like training cats) and the cost will be part of the quote.
The kitchen may need to be done professionally as this is a critical aspect to the sale.
Look at lots of display centres/homes to see what the current trends/colours are as well.
On final thing; in many areas the market is a buyer’s market.
Valuers tend to not take into account the cost of fixtures/fittings when they value, so be careful you don’t end up spending money that will make your house more sellable, but not more valuable.In this current climate there is a big possibility that you will only increase the house value by what you’ve spent.
Cheers,
Marc.
[email protected]“we get sent lemons; it’s up to us to make lemonade”
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