With the New Year, comes New Year Resolutions; which for many homeowners will be to renovate.
But where do you start? Which renovations are worth your time and money? And which will return the best results in value?
We’ve compiled a list of the most popular and desirable renovation elements in Australia, to help you decide where your budget is best spent.
The most desirable feature of a home for Australian’s is currently a garage. 59% of people say it’s important to them, so if your house is missing secure parking, it may be time to add this feature.
Ensuite’s are also becoming increasingly popular with 52% saying they’d like one. These are often easily added to a master bedroom and can really add additional elegance, practicality and value of having two bathrooms in the home.
Forty-nine precent desire the storage space and clothing display offered by built in wardrobes. Large walk in robes as well as simple built in robes are as helpful as they are opulent and quite easy to add to a bedroom.
One of the simplest additions to any home that adds instant value and desirability is air conditioning. This relatively cheap solution is almost essential, especially during the Australian summer, and 44% of people agree.
There is also a greater understanding of the value of insulation in homes now. 41% know it helps keep the house both warm and cool when needed. It may be time to inspect and update your insulation.
Open plan layouts are still in this season with no sign of fading away. It may be a good idea to open up your traditional sectional home by removing non-essential walls, particularly between kitchen/living/dining areas. Modern families enjoy the lifestyle open living provides and the entertaining benefits associated.
Revamping your laundry can also yield great results. This area is often overlooked in favour of more extravagant elements within the home, but 34% of people place a high value on a good laundry. Consider the placement of washing machine’s and dryers, storage spaces, cupboards and shelving. It may be a good idea to update flooring, tiles and repaint as well.
Other potential opportunities to renovate include balconies/verandas, updating kitchens, energy ratings and lighting.
Windows and doors are as important as any other element in the home, so make sure to budget for these in your renovation.
Whether it's Canterbury Timber, or Southern Star Aluminium windows and doors, www.windowsandoors.build has a solution for any project.
Renovating your home will not only make it more comfortable to live in, but will also most likely add significant financial value when the time comes to sell.
Which renovations will you be commencing in 2018?