Renovating a home can increase its value by up to 20%, but what modifications are most effective in increasing its market value? From touching up the paint to renovating the floors, modernizing the furniture or improving the electrical infrastructure, each improvement made contributes to its revaluation. Here we present suggestive alternatives and provide you with an estimate of their approximate costs.
Incorporating an 'open space' design can increase sales value by up to 30%.
Expanding spaces to create a feeling of spaciousness, transparency and luminosity is essential to increase the attractiveness of a property, especially if it has small dimensions. Removing a wall to create an open living area (including renovating the floor) can cost approximately €3,500, but when combined with other improvements, it can raise the price of the house by up to 30%, depending on the city. .
Investing in kitchen renovation (even partially) can increase the value by 6-7%.
A complete renovation of a medium-sized kitchen can cost approximately €10,000-€12,000, but it is usually the most profitable (and common) investment, since in addition to leaving it looking new, it can expand the useful space. In addition, having a kitchen integrated with the dining room is trendy and attractive to potential buyers. If you do not want to carry out a complete renovation, you can choose to knock down a partition (costing around €3,500), changing the cabinet doors or installing a new countertop (one two meters long can cost between €800- €1,000).
Renewing windows is currently one of the best investments.
In an apartment of around 90 m2 with three bedrooms, the cost of changing the windows can be around €10,000, although there are government subsidies that can reduce the price (you can manage them through the company that carries out the installation). It is true that the initial investment is not low, but in the long term it can easily be amortized with the energy savings it provides (in addition, a home with new, efficient windows sells much better). If possible, choose a type of thin frames, as they are more aesthetic and allow more natural light to enter, something that always pleases potential buyers.
Renovate the bathroom and increase the value of your home by 5%.
Renovating a bathroom of approximately 6 m2 can cost close to €8,000-€9,000, but the value of the house will increase by at least 5%. If the available budget is not enough for a complete renovation of the bathroom, consider an upgrade by changing the bathtub for a shower tray (around €1,700) or installing new taps or a sink cabinet, which will also contribute to raising the sales price. .
Remember that we carry out renovations of all kinds in Roses, Empuriabrava and the Costa Brava. We provide a custom budget for the renovation you want to carry out in your house, apartment or home and we adapt to your needs and possibilities. We can also advise you to furnish your apartment and get more out of it. Budget without commitment. Contact us!
Info about our renovation service here: https://www.rosesinmo.net/es/servicios/reformas
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