The question of whether to update certain parts of your home before you decide to move house is a difficult one. Some say it creates a selling point if you put in a new kitchen or bathroom before that for sale sign goes up. Others say, often quite rightly, that a person might prefer to have their own kitchen or bathroom design and are more likely to be put off, especially if they don’t like your installation.
A full kitchen renovation can set you back around £5,000 and is a big investment and is not to be undertaken lightly. Much, of course, depends on the condition of your current kitchen or bathroom or any other part of your house you decide to update. If your kitchen is pretty run down and in dire need of modernisation, updating can be more valid. Most people undertake this kind of renovation with the idea that they will recoup the investment once they sell, though this is not always the case.
Ask Your Estate Agent
If you are putting your house on the market any time soon, then one person who can give you advice is your local estate agent. They may well suggest you put your house on the market first and see how buyers respond, especially if the kitchen or bathroom is reasonably functional. That will give them time to see whether the fact that you don’t have a new kitchen installed is putting anyone off.
Many people buying a new home will have renovations in mind anyway. If a new kitchen or bathroom is indeed putting some people off there is also an option to revise the offer on the house – after all, if you were planning to invest X amount on a new kitchen or bathroom then knocking the cost off the asking price is just as easy, and it gives the chance for the buyers to pick and choose the design they want.
There are other things that you can do to update your kitchen area or bathroom that are not as costly. For instance, most cabinets and cupboards are standard sizes nowadays and replacing the doors or drawers can be pretty easy and fairly cheap. You can also replace laminate tops and put in a new sink if you want to. It’s amazing what a difference updates like this can make. Similarly, new taps in the bathroom or replacing the shower head and curtain, putting in a new toilet seat or simply tiling walls and putting on a lick of paint can all add aesthetic value that help sell you house just as well.
Of course, you’ll want to keep control of the costs. You probably don’t want to be spending thousands of pounds that you’re not likely to see again. Most estate agents will advise on what changes to make which will appeal to prospective buyers. If you live in an area where there is likely to be competition for houses and you’re fairly sure to get your asking price, there’s probably nothing you need to do except making sure that the place looks clean and liveable.
In most cases, it’s amazing how far a coat of paint and some diligent repairs around the home can make a difference. But there’s no need to go overboard.