Not every alteration pays off equally well. Which works add the most value in a valuation, and which are a waste of budget?
Renovating costs money, but not every investment pays off equally well in a later sale or valuation. Which works add the most value, and which are financially less interesting?
The works with the best return
Roof insulation and facade renovation score highest in terms of value gained against cost. A new bathroom or kitchen strongly increases appeal, but the return depends on the price segment of the home. You will rarely recover the full cost of a luxury kitchen in an inexpensive property.
What returns less?
Swimming pools, elaborate landscaping and highly personal finishes raise subjective enjoyment but not necessarily market value. An expert values on the basis of what comparable buyers are prepared to pay — not on the basis of your taste or your investment.
Renovate before or after the valuation?
If you are considering renovating before a sale, it makes sense to have a valuation carried out first. That way you know exactly which works will produce the best return and you avoid unnecessary spending.
Ask Dekoninck Vastgoedexperts for advice — we guide you objectively in preparing your sale or your estate file.