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Renovations That Can Add Value to a Home in Australia

Front view of a single-family house in Sydeny

Sydney residents, are you feeling a little bored with your home’s interior? Are crayon-stained walls giving you second thoughts about staying in your current abode?

Moving to a new neighbourhood might sound like a good idea. But let’s face it, moving can be a real hassle with the pace of this city. And then there’s the pocket-draining fee!

For a 3-bedroom apartment or house, you can anticipate up to 8 hours of service and an expense between $875-$1,225 with three removalists.

So, moving out might not be the best option. But there’s always the option to renovate!

It is a fun and exciting way to give your home a new lease on life. And it’s cheaper than buying a new home in Sydney. Plus, renovating can add value to your property, so it’s a win-win situation!

But where do you start? Well, we’ve got you covered with some foolproof tips for renovating.

Install Energy-Efficient Technologies

According to NSW Government statistics, Australia’s energy consumption is falling. It fell 3.6% in 2020-21 to 5,790 PJ. It means more people are becoming aware of the importance of energy-efficient technologies.

Installing solar panels, rainwater tanks, and double-glazing windows will reduce your home’s energy consumption, allowing you to save on electricity bills. Moreover, since your potential buyer is environmentally conscious, they’ll be more likely to pay a higher price for your home.

However, before investing, we recommend you get an electrical inspection by searching for a well-reputed electrician Sydney offers. It’ll help you identify any issues related to your home’s energy consumption and provide a detailed report of areas that need improvement.

Create an Open Floor Plan

Homebuyers in Sydney are always on the lookout for homes that are spacious and open. It is because real estate here is expensive, and most buyers are looking for a house where they can maximize their living space.

By knocking down walls and investing in glass doors, you can create an open plan that’s modern, inviting, and spacious.

But with an open space comes the risk of clutter. And no one likes that. So, invest in smart storage solutions like built-in shelves and cabinets. You can also bring multifunctional furniture pieces to the picture to make your home look organized and neat.

Modernise Your Kitchen

Do you know that an average Aussie woman spends about 3 hours 23 minutes doing household chores like preparing meals and washing dishes? Men, on the other hand, spend 2 hours 38 minutes.

That’s why having a modern and efficient kitchen is essential for every home. It makes tasks like cooking easier and less time-consuming. And that is what potential buyers look for when shopping for a home.

So, revamp your kitchen to give it an updated and modern aesthetic. Get new appliances and replace old cabinets with modern ones. Consider installing a backsplash or adding quartz countertops to make your kitchen look more attractive.

Don’t worry if you have a small kitchen. Most kitchens in Sydney are three by five metres. How you enhance it is up to you. Invest in a few smart kitchen storage solutions and design tips to give your place an edge.

 Kitchen of a single-family home in Sydney

A Resort-Like Bathroom is a New Trend

The days when the bathroom was just a place to get ready for work seem long gone. Now it has become an area of relaxation. Homebuyers are looking for a spa-like bathroom. From the allure of a Moroccan-themed bathroom to the minimalist look of Scandinavian interiors, Sydney residents are going all out when it comes to their bathrooms.

So, modernise your bathroom with luxury fixtures and stylish appliances. Invest in quality vessels like mirrors, faucets, showers, and bathtubs. Get a new vanity that’s both functional and aesthetically pleasing. Add neutral colours, natural light, and more storage space to make it look and feel like a resort.

Remember, you don’t have to trade functionality for style.

Add a Pool If You Have the Space

Having a pool in your backyard will add to the value of your home. According to real estate agents, having a decent-sized pool in your backyard can increase the value of your home by up to $100,000. Families with kids are always on the lookout for homes with swimming pools.

However, it is not just about money. When you’ve got a pool in your home, you can enjoy a relaxing swim on hot summer days. So, if you have the space and resources, adding a pool is one of the best home renovation tips you can follow. 

You’ll also have to ensure you’re compliant with the laws of your local council when building a pool.

Keep the Street Appeal High

No matter how lavish and modern your home is, it won’t get attention if the street appeal isn’t up to the mark. People will judge your home even before entering it, so investing in its curb appeal is necessary.

Start by sprucing up your front yard and garden. Plant some colourful flowering plants like the native Waratahs, Sydney daisies, and Bottle Brush. These look amazing and bring a touch of colour to your home.

Also, make sure to mow the lawn regularly, repair broken fences, and trim overgrown bushes. If you’re building a deck, please make sure you follow the building regulations in Sydney.

Since a fresh coat of paint can give your home a much-needed facelift, you should also consider painting it. 

However, do keep Sydney’s sub-tropical climate in mind when making your picks. You might have to use fire-retardant materials to make your outdoor area more attractive and sustainable.

As for the paint, it must be able to withstand the humidity and intense UV rays of the sun. Mould and mildew-resistant paint is a must too.

Final Thoughts

Renovating a home has its risks and rewards. If done right, it can drastically increase the value of your home. But it does require some careful planning and research.

Since money matters can quickly blow out of proportion, keep your budget in mind. But don’t be afraid to invest in quality materials and technology – it will pay off in the long run.

We also recommend keeping a buffer of around 10 to 15 percent of the overall budget as contingency funds.

At the same time, keep a margin of some extra days to finish the project. This could help you in case there are any unexpected delays during construction.

We hope you can find a good buyer for your home after you’ve completed the renovation. Good luck!