This story was prepared by Renovation Works and is being published by the New Zealand Herald as advertorial.
Upgrade key spaces to increase market appeal.
It’s no secret that New Zealand’s property market has been a bit of a rollercoaster ride over the last few years. With unpredictable interest rates and economic uncertainty, many Kiwi homeowners have been holding tight. Thankfully we have turned a corner, and there is light at the end of the tunnel - making now an opportune moment for homeowners to unlock their property’s potential.
As the market begins to rise once again, Renovation Works, a trusted expert in home renovations, is guiding homeowners through this exciting journey. With strategic renovations, properties can see significant increases in value. Industry insights underscore that targeted home improvements can substantially enhance a home’s worth, making them a wise investment as the real estate market rebounds. Here’s a look at some of the most effective ways to elevate a property’s value.
Garage conversions: maximise existing space
For homeowners looking to enhance their property without significant structural changes, converting a garage into a functional living area is an ideal option. With remote work becoming more prevalent, the demand for home offices, gyms, and even bespoke leisure areas is on the rise. With a garage conversion, homeowners can meet this increasing demand and potentially boost their property’s overall value, a move that marries practicality with investment growth. It can also act as an additional source of rental income, meaning that it is an investment even for those looking to not necessarily sell right away.
Add an extra bedroom or living space
A house extension that adds a bedroom or extends a living space can be transformative for a property’s value. Such renovations are particularly appealing to growing families and investors interested in multi-bedroom homes. Market data consistently highlights the desirability of homes with additional bedrooms, offering a compelling return on investment and ensuring properties stand out in the competitive market.
Add an extra bathroom: boost utility and luxury
Introducing an extra bathroom is a strategic upgrade that enhances both comfort and property value. In homes with limited bathrooms, this addition can greatly improve convenience, especially for families. Extra bathrooms are a luxury many buyers seek, making properties more attractive and increasing market appeal.
Invest in your home’s future with Renovation Works
Strategic renovations not only enhance a property’s market value but also improve the living experience. As the real estate market recovers, now is the ideal time for homeowners to invest in their property’s future. Renovation Works offers tailored renovation plans that ensure maximum return on investment. Whether you want to just explore your renovation options, or already have a grand vision for your home, the team at Renovation Works can get the ball rolling on making your dream a reality. Contact their friendly team today to book your free, no-obligation consultation. Let the experts help you see your home’s full potential.