Brackenfell - 021 982 0965
  Eersteriver - 021 902 0246
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Are your renovations influencing your property's value?

The smallest of changes can mean the world of difference. You'll be surprised to see what a fresh coat of paint, landscaped garden or a few technological additions like an automated gate or solar geyser can make.



Richard Gray, Harcourts South Africa CEO, says many homeowners buy with the intention of renovating or upgrading their property.

Whilst there are various upgrades that can make a significant difference to the value of your property, he says certain changes can detract from the property's overall aesthetic and value.

“There are an array of factors that assist the homeowner in making the right choice and that need to be taken into consideration before planned renovations are put into action,” says Gray.

“As a general rule it, is always a good idea to consult several reputable renovations companies in your area with contactable references and a portfolio of their body of work to consult from the start. Equally, gauge their willingness to provide advice, insight and eagerness to participate in the project as an influencing factor too.”

With a consultant providing advice, you are then able to equate your budget with your desires.

Secondly, know that not all homes are built for additional rooms and structures, so be sure to identify the alternatives to explore space in ways that can add value whilst staying within your budget range.

Gray says another factor that plays a part is establishing your long-term aspirations for the home.

Although it is very often difficult to predict your priorities over a 20-year period, knowing whether you want to create a family nest or an investment property with a high return over the medium term can play a major role in the type of renovations you want to make.

For example, if you're looking for comfortability, more space or an environment that is aimed at accommodating a growing family, adding value could take a backseat over needs.

However, making a few small changes to that plan can incorporate both your needs and simultaneously improve the value of the home.

“Overall, there are many factors to take into account, but equip yourself with the knowledge and research to make an informed decision,” says Gray.

https://www.property24.com/articles/are-your-renovations-influencing-your-propertys-value/26033
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8A Gert Kotze Street,
Brackenfell,
Western Cape,
South Africa, 7560
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021 982 0965
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021 982 2509
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23 A Plein Street,
Grand Central,
Eerste River,
Western Cape,
7100

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021 902 0246

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021 982 2509


ABOUT FPS PROPERTIES



Founded by Freddie P. Steyn in 2015, FPS Properties is one of the newest estate agencies in the Northern Suburbs of Cape Town. We are professional, dynamic and fully accredited estate agency. We strive to give all our clients professional and cost effective services to ensure that your property is rented or sold within the amount of time.

FPS Properties is supported by FPS Attorneys who will ensure that all transactions are correctly executed and furthermore will gladly assist with any and all legal queries to give you the added peace of mind.

Our agents are friendly and efficient and will gladly do free property valuations and provide sound property advice.

In short FPS Properties’ philosophy is simple… that by working closely with the client and becoming attuned to their business ethos, we can deliver pro-active and effective solutions thus creating ~ ”Clients for Life”

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