Maximising Profit: Top Tips for Renovating a Country Home to Sell.
If you’re considering renovating a country home to sell, there are several things you should keep in mind to maximise your profits. Renovating a property can add significant value, but it’s important to ensure that you’re investing in the right areas and making the most of the unique features that a country home can offer.
Renovating a country home can be a rewarding experience, both personally and financially. By updating and modernising a property, you can add significant value and appeal to potential buyers. But with so many aspects to consider, it can be hard to know where to start.
In this blog post, we’ll share top tips for renovating a country home for sale, with a focus on maximising your profit.
Prioritise your renovations
Renovating a property can be an exciting and daunting task, but where do you start?
When it comes to home renovations, prioritising certain areas can make all the difference in both the aesthetic and financial value of your property.
It’s important to assess which areas of your home are in the most need of repair or renovation, as well as which areas have the potential to significantly increase the value of your home.
Making informed decisions about where to invest your time and resources can pay off in the long run, from increasing your home’s market value to improving your overall quality of life.
First and foremost, it’s essential to prioritise your renovations. Consider which areas will have the most significant impact on potential buyers and focus on these first.
In a country home, the kitchen and bathrooms are typically the most important rooms to update, as they can have a significant impact on a property’s value. These spaces are often the heart of the home, so consider modernising them with new fixtures, fresh paint, or even a full renovation.
Prioritising renovations ensures that you’re putting your resources towards the areas that will have the greatest impact, both visually and financially, in the years to come. It’s important to ensure that you’re investing in the right areas and making the most of the unique features that a country home can offer.
Embrace the character of a country home
When renovating a country home, it’s important to embrace the unique character and charm that it has. There always seems to be something that can be enhanced in these old homes. It’s a wise investment to preserve and highlight its character
Potential buyers are often drawn to country homes for their charm and character, so retaining features such as exposed beams or original fireplaces can make all the difference.
When renovating, consider original features such as wooden beams, fireplaces, and exposed stone walls, which add warmth and character to the home. Additionally, incorporating natural materials like wood and stone into your renovation will add to the authentic feel of the property.
Embracing the authenticity of a country home is not only financially beneficial, but it also allows a deeper connection to the history and character of the property.
An authentic and timeless country home will always be in demand!
Decorating in a style that complements the home’s character, such as colourful country, rustic or farmhouse, can make it more appealing to buyers looking for a peaceful, rural retreat. By celebrating the history and style of the home, you can create a space that feels welcoming and authentic, enticing potential buyers to fall in love with it and pay a premium price.
Focus on creating an inviting outdoor space
In a country setting, outdoor space is just as important as indoor space. A lot of time is spent outdoors in Australia.
Creating an inviting outdoor space can significantly increase the value of your property and appeal to buyers looking for a rural lifestyle. Country homes often feature a large garden, and it pays to make the most of this space when renovating for sale.
By using quality landscaping and installing amenities such as patios, decks, and outdoor lighting, buyers can immediately envision themselves entertaining guests and enjoying their surroundings. When adding landscaping features, consider plants that are native to the area or that will thrive in the climate. My motto is always to grow what grows!
Use colour but keep it neutral.
I know this seems hypocritical because I’m all for colour. And you can absolutely use colour when renovating for profit. But use it strategically.
While you may love bright colours or bold patterns, potential buyers may not share the same taste. Eccentric colour is not what they wish to see.
A neutral colour palette and simple décor can create a blank canvas that allows buyers to envision themselves living in the space. This doesn’t need to be boring and you can use the colour I have written a FREE ebook to help you with this.
It’s also important to remember that country homes often have unique architectural features, such as exposed beams or stone walls. Highlighting these features can add character and charm to a property and make it stand out to potential buyers.
Invest in modern technology
When it comes to renovating a country home in a rural setting, modern technology should not be overlooked.
Investing in the latest technologies offers a range of benefits, from increasing your property value to making your home more energy efficient.
If you’re looking to future-proof your rural retreat, consider upgrading to smart home systems, which allow you to control everything from your lighting to your heating remotely. By incorporating technology such as smart thermostats, energy-efficient appliances, and home automation systems, you can reduce your energy bills and improve the functionality and convenience of your home.
You could also install solar panels reducing your carbon footprint and saving you money on energy bills in the long run.
And, with high-speed internet access becoming increasingly available in rural areas, you can enjoy all the advantages of modern living, even in the heart of the countryside.
Overall, investing in modern technology when renovating your country home is an investment in your quality of life and your property’s long-term value. By embracing modern technology, you can create a comfortable, sustainable home that meets all your needs, both now and in the years to come.
Always give a buyer something extra
This is something that we always do. Surprise a buyer with something exciting they weren’t expecting. Something that will increase the perceived value of your property.
Research what other properties in the area are selling for and focus on providing unique features that will make your property stand out from the competition. Pay attention to details such as adding modern appliances and smart technology that can make life easier for potential buyers.
Could be as simple as putting in a state-of-the-art oven. I believe that beautiful kitchens attract buyers but ovens sell houses to people!
Finally
When it comes to maximising profit when renovating a country home to sell, the list of considerations is long. It is essential to prioritise.
It includes everything from structural integrity and ease of maintenance to appliance placement and natural light. Ultimately, every renovation project is unique and tailored to the individual.
To ensure success it should be approached with a holistic approach, keeping in mind all facets that create an enticing home for potential buyers, Inside and out. And remember all successful projects begin with careful planning – budget decisions need to be made from the outset to keep the project on track.
At Kasdesigns Country Style we understand renovating your country home can be complex – that’s why we have developed multiple ebooks about renovations, features and more. Whether you are building or renovating – our books can help you achieve maximum results for minimal cost. So if you want to know more then check out our ebooks as they have everything you need to know to help you renovate.