House Renovations Pinelands
After many years of wanting to renovate our home in Central Ave Pinelands, we were fortunate to come across Wendy Holmes of Living Design. Our house was a very difficult shape with many nooks and crannies that really constricted our living space. Further we were really struggling with the lack of light in our house as well as a very steep and claustrophobic stair case. Wendy came in and really did a fantastic job in basically rebuilding the whole house in an extremely open and comfortable style with lots of light and living room. The results truly speak volumes as can be seen in the pictures.
We highly recommend Wendy and her team and wish her all the best with her future endeavours.
Text from this article – Living Design Articles
Renovate and Profit – Revamp for max return
Fancy yourself an amateur property developer or just want to ensure that your alterations add to the resale value of your home? Before you call in the builders, consider this expert advice on how to renovate for profit.
There’s definitely money to be made from renovating a property, whether you make alterations to your own home or to a speculative buy that you plan to sell on for a profit and not live in yourself – but it’s important not to confuse the two.
“The biggest mistake people make when renovating purely for resale is to think about what they want, rather than about what the market wants,” says Peter van Wyk of Maxim Property Development Group that renovates properties in the Cape.
Needles to say mistakes like this can be costly; to help you avoid common pitfalls, we asked the experts for advice on how to revamp a house for maximum return.
Buy the Right Property.
“If you want to sell well, buy well.” says project manager Wendy Holmes of Living Design, who has been renovating properties professionally since 1975. “It’s no good paying top dollar for a house if once you’ve renovated it, the selling price will have
to be way over the price of the most expensive property in the area.” Her advice is to find out what the highest-priced homes in an area sell for as well as what the demand for properties is like. “Buy the ugliest house in the best neighbourhood because no one else will want it and you’ll get it for a good price.” Once you have this information, you can work out whether a renovation is a financially viable option. Developer Peter van Wyk explains: “Take the average selling price of similar properties in the area and deduce what the house you’d like to buy is worth; the difference is what you could spend on the renovation – but don’t forget to take whatever profit you would like to make into account.” Decorator Shelly Sacranie, owner of the decor shop
Artefect, points out that if you choose a property that’s under capitalised you may be able to improve its value just by painting the walls and reducing the flooring or by adding space, such as turning a three bedroom house into a five bedroom house.
When considering doing major alterations or building on additions, Wendy points out that it’s important to purchase a property with the “right bones” – one with a square or rectangular footprint will often be easiest to work with – and cautions against buying a house that’s been badly renovated already. As any major building work will requrie plans to be drawn up by a professional and approved by the relevant municipal authorities, Andre Rademeyer of ST&AR Architects suggests that it’s a good idea to consult an architect before you buy the property.
Always Consider What Buyers Want
While researching the area where you’re thinking of purchasing a property, it’s essential to find out what sort of people buy homes there: are they professional couples, large families or small families? Are they your or old? This information will steer you in the right direction when it comes to deciding what type of improvements to make. “Well-appointed kitchens bathrooms generally add the most value to a property, but this will ultimately depend on the person wanting to buy it,” developer Peter van Wyk explains. ” For instance, young first-time buyers may put more emphasis on living spaces than on bathrooms and garages, whereas buyers looking for a family home will look for ample parking and good kitchens and bathroom.” When it comes to decorating and choosing finishes and fixtures, play it safe and opt for a neutral look that will have mass appeal. “Putting your own personal stamp on a house can often be the wrong thing to do as your idea o what’s stylish may be very
different to everyone else’s,” says Peter. “Try not to be too distinctive; keep it simple so that potential buyers will be able to picture themselves living in the space and think about how they would make their own mark on it.”
Keep the Budget Under Control
“When renovating for profit, always ask yourself if something is going to add extra value.” says developer Peter van Wyk. “For example, will marble floors make more profit than porcelain tiles? If the answer is no, choose the more cost-effective option.”
Cost-effective does not mean cheap, however. “A cheap toilet, for example, is a liability as the porcelain might not be as strong,” says project manager Wendy Holmes. Besides, the labour involved in terms of plumbing and tiling will be the same
whether you purchase products from the cheapest or the “middle-of-the-road” price bracket.” As bathrooms and kitchens almost always help to see a property, Peter maintains that you shouldn’t skimp on the finishes used in these areas. “If you
can’t afford a whole new kitchen or bathroom, try replace the worktops and vanities.
Transform a Kitchen Into A Drawcard
A stylish, functional kitchen can bump up your home’s resale value. When renovating, follow these tips from Nick Rawlins of House of Kitchens:
– The rule of thumb is to spend 7 – 14 percent of the estimated market value of the renovated house on the new kitchen, especially on items like the work surfaces, units and appliances.
– Today open-plan kitchens sell houses; it may be worth the extra expense and building work required to create one.
A less expensive, practical kitchen will sell better than an over-priced poorly-designed space. Choose a “safe” colour scheme to appeal to as many buyers as possible. Create a scullery / laundry additions; here you can use cheaper, yet hard-wearing materials helping to bring the total cost of the kitchen renovation down.
Tiles are still the best priced option to use both on the floor and the wall behind the hob. It’s not necessary to tile all the kitchen walls; washable paint works just as well.
“An attractive garden will always increase your chances of resale,” says project manager Wendy Holmes. “Every part of a site counts. Even the narrowest side alley can add to the appeal of a property when revamped into a usable space,” says Wendy.
“Where possible, create direct access into the garden or onto a terrace to improve flow and add light,” advises Wendy.
Salvaged parquet floors were added to give this revamped home character. Decor by Shelley Sacranie
Cape estate agent Helen Hoare stresses the importance of presenting your renovated house in the best light on show day. Gunge-free bathrooms, clean, shiny windows, a sparkling pool and platters of fruit and vases of fresh flowers will help to secure a sale.