Want to increase the value of your property, along with the rental returns you can earn from it?
Effective renovations can be a sure-fire way to do so. So here are some simple, cost-effective tactics to help you maximise your renovation returns.
Kitchens tend to be the hub of many homes. For this reason, they are the room which will add most value to a property when renovated. Any improvements will earn high returns. But, if the room is structurally sound, you will gain most value from a savvy cosmetic renovation.
This can be achieved by:
• Revitalising tired bench tops with a bench top resurfacing kit
• Repainting kitchen cupboards and doors and replacing the handles
• Going for tiles rather than expensive splash backs
• Replacing items like sinks with clones of expensive “designer” versions