Five reno blunders to avoid

By |

Thinking about renovating to add some value to your property? Read on for five renovation blunders that can do exactly the opposite.

Renovating without first fixing faults: If the house needs re-stumping, re-wiring or re-roofing do this first. Putting time and money into cosmetic improvements without first making sure the building is sound is like putting lipstick on a gorilla.

Not having a masterplan: Short-term thinking will come back to haunt you in a few years when you realise that the near-new kitchen or bathroom is in exactly the wrong location to suit a well-planned, well-functioning family home.

Not considering sustainable design: Panoramic views of the garden are lovely, but if the windows face west they need to be considered carefully to avoid the property becoming a hothouse.

Failing to obtain permits: Most renovations will need at least one permit prior to construction. Apart from being illegal, building without getting them can be a recipe for disaster when the time comes to sell.

Renovating without an eye to resale: A darkroom, a home theatre or a sound-proofed music room might sound great to you, but they may not appeal to anyone else when you list your home for sale. The classic? Converting the second bedroom of a three-bedroom home into a lavish en-suite and dressing room. Sounds lovely and looks great, but a house with two bedrooms and two bathrooms won’t suit many buyers.

Tips provided by Archicentre’s Victorian state manager David Hallet.

Visit the increasing property value section of our property investment forum to discuss reno tips with the property investment community.

More stories:

The toughest suburbs to find a tenant?

Real estate mogul reveals Sydney hotspots

How China could sink your property's value

Do you have more than $200k in your super fund? You could use your super to buy property - Find out how

Top Suburbs : newtown , hebersham , rooty hill , greenwood , balga

go back

Get help with your investment property

Do you need help finding the right loan for your investment?

When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.

Just fill in a few details below and we'll then arrange for a local Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus and appointment is free.

How soon would you like a mortgage?
What is your Annual Household Income i $
Do you currently own any Investment Properties?
Do you own your own residence?
How much equity do you have in all your current properties?
First Name
Last Name
Where do you live?
What number can we reach you on?
E-mail address
We value your privacy and treat all your information seriously - you can check out our privacy policy here