Post by account_disabled on Mar 11, 2024 5:24:17 GMT -7
Before putting a house up for sale, we can always do certain renovations and renovations in order to sell it at a better price. What can we do to increase its value? How much can the value of a house increase when we do renovations? Ligia Luca, National Key Account Manager at Grocasa Hipotecas , comments that this depends on the value of the renovation to be carried out, but for example a comprehensive renovation can double the value of the home.
This also depends on the state of the house that is going to be renovated, because according to the expert, the older the property is, the more the value will increase with the renovation, while the location has a lot to do with it, if it is located in the city. , it will increase in value, and it also depends on how the real estate market is at that time. "A normal renovation on average can increase the value between 15% and 20%."
For his part, Jorge del Campo, director of Cambodia Telegram Number Data Digital Market at Aqui tu Reforma , responds that the value of a property after a renovation varies, depending on many factors, the size of the work, materials used... at a national level it is estimated that Renovated housing can be worth 24 percent more than one that is not.
Calculate your renovation budget If you are thinking about renovating your house, we will help you by calculating how much the work costs and how much your home will revalue.
At Grocasa Hipotecas they estimate that this is based on all types of renovations that increase the energy efficiency of the home (changing the windows, modifying the electrical installation, installing solar panels...), adding an elevator to the building or renovating the bathroom and kitchen. kitchen.
Jorge del Campo establishes that there are several tools to improve the home and be able to sell it at a better price. Home staging stands out, where the owner makes arrangements to the property that do not involve a significant expense, but do offer a visual impact. He also pronounces house flipping, which consists of completely renovating the entire property, changing its entire appearance and thus leaving it as good as new before selling. "In the event that the home is in good condition, but needs some specific renovations, we recommend carrying out partial renovations in the spaces that are necessary."
In addition, it highlights the renovations in outdoor areas, such as facades, windows, roofs, and also the kitchen, changing the furniture with finishes of greater resistance, durability, aesthetics, replacing old appliances with new ones, which will additionally improve the energy efficiency of the home.
It also highlights the changes in toilets with taps that mean less consumption, and also create more sustainable and hygienic spaces in the bathrooms. "The coverings are also changed to improve the space."
Improvements in energy efficiency In addition to what was stated above, Aqui Tu Reforma highlights the change of windows or insulation, with PVC windows with double or triple glazing that allow heat in winter and insulation in summer, thus reducing electricity consumption by up to 20 percent. of air conditioning equipment. Another thing is to generate more habitable spaces, such as joining the living room or the living room with the kitchen, "they are practical and functional solutions as well as aesthetic. And to carry out this facelift of spaces with a change of paint or applying new decorations that go to improve our state of mind in addition to revaluing the home.
This also depends on the state of the house that is going to be renovated, because according to the expert, the older the property is, the more the value will increase with the renovation, while the location has a lot to do with it, if it is located in the city. , it will increase in value, and it also depends on how the real estate market is at that time. "A normal renovation on average can increase the value between 15% and 20%."
For his part, Jorge del Campo, director of Cambodia Telegram Number Data Digital Market at Aqui tu Reforma , responds that the value of a property after a renovation varies, depending on many factors, the size of the work, materials used... at a national level it is estimated that Renovated housing can be worth 24 percent more than one that is not.
Calculate your renovation budget If you are thinking about renovating your house, we will help you by calculating how much the work costs and how much your home will revalue.
At Grocasa Hipotecas they estimate that this is based on all types of renovations that increase the energy efficiency of the home (changing the windows, modifying the electrical installation, installing solar panels...), adding an elevator to the building or renovating the bathroom and kitchen. kitchen.
Jorge del Campo establishes that there are several tools to improve the home and be able to sell it at a better price. Home staging stands out, where the owner makes arrangements to the property that do not involve a significant expense, but do offer a visual impact. He also pronounces house flipping, which consists of completely renovating the entire property, changing its entire appearance and thus leaving it as good as new before selling. "In the event that the home is in good condition, but needs some specific renovations, we recommend carrying out partial renovations in the spaces that are necessary."
In addition, it highlights the renovations in outdoor areas, such as facades, windows, roofs, and also the kitchen, changing the furniture with finishes of greater resistance, durability, aesthetics, replacing old appliances with new ones, which will additionally improve the energy efficiency of the home.
It also highlights the changes in toilets with taps that mean less consumption, and also create more sustainable and hygienic spaces in the bathrooms. "The coverings are also changed to improve the space."
Improvements in energy efficiency In addition to what was stated above, Aqui Tu Reforma highlights the change of windows or insulation, with PVC windows with double or triple glazing that allow heat in winter and insulation in summer, thus reducing electricity consumption by up to 20 percent. of air conditioning equipment. Another thing is to generate more habitable spaces, such as joining the living room or the living room with the kitchen, "they are practical and functional solutions as well as aesthetic. And to carry out this facelift of spaces with a change of paint or applying new decorations that go to improve our state of mind in addition to revaluing the home.