If you are renovating your home or designing a new one, it may be beneficial to think of the future sale value of your property. Having a ‘designer finish’ may not necessarily add value to your property but could have a reverse effect. Your taste may be different to that of any potential buyer, and trends change from season to season, let alone from year to year. A stylish design does not attract buyers – they are looking for neutral spaces to which they can give their own personal touch.
For these reasons, keeping it simple yet elegant with some of the basic design features would be ideal. Having a neutral base acting as a quasi-blank canvas, you can then bring a more personal touch to the interior through decorative items such as cushions, curtains and other accessories. These are much easier to change. In this way, any future potential buyers are also provided with a clean backdrop with which to work with, making it easier for them to envision their future home.
That being said, if you intend to live in the place for a substantial amount of time, it is most important that you are happy with the design yourself. The reduction in property value or the extra cost to redo some items is made up for in the enjoyment of the design while you are living in the premises yourself.
Fitted carpeting is a major offence in the flooring department. While wallto- wall carpeting may provide a cosy atmosphere, most potential buyers are wondering what the floor beneath would look like once the carpet is ripped out. Apart from this, carpets stain and wear out easily and attract allergens. Even if they are maintained, it is highly probable that they will not give that desired spick-and-span impression.
Similarly, buyers normally see vinyl flooring as unappealing. It has a certain stigma about it even though it has improved tremendously and is making a comeback.
Whatever type of flooring, it would be wise to avoid heavy patterns and bold colours. Keep the future and your potential buyer in mind, and go for neutral colours such as white, beige and grey, which make decorating easier.
We all have personal preferences when it comes to painting our homes. However, would you paint your living room in terracotta if it were to devalue your property by a €1,000? Distinctive colours may seem like a good idea to make your home stand out, however they could knock off some points with future home owners. As with flooring, neutral colours are the safest bet as they provide a backdrop that does not interfere with the potential buyers visualising their future home.
Textures and wall patterns manifested through painting techniques and patterned wallpaper, should also be avoided. They do not fit everyone’s style and are difficult to remove if clients do not envisage them in their future homes. It may benefit you to remove wallpaper and repaint if you intend to put your home up for sale.
With the kitchen often being the showpiece area of the home, it is worthwhile to give a good impression here. While installing a high-end kitchen is costly, it might not provide the intended return if it does not suit the potential buyer’s taste. The price bracket of the appliances should be in proportion to that of the property. Having a restaurant-style stove or multidoor fridges may be seen as too extravagant to some who wouldn’t consider these to be assets.
The same goes for the rest of the kitchen, however visual elements such as the cabinet doors and handles and the countertop have a higher impact on that first impression. These can influence an opinion and must look clean and well-kept. A stained countertop or scratched cabinet doors instantly affect the buyer’s opinion of the property.
Another room that can make or break the buyer’s opinion of the property is the bathroom. A classic bathroom with timeless fixtures and neutral colours will not go out of style. However, an outdated bathroom can knock off thousands from a selling price. For most buyers, it isn’t a pleasant surprise to find an avocado bathroom or wildly-coloured fixtures.
When choosing a bathroom, it is better to go for styles that aren’t too distinctive and keep it simple instead. Funky tiles and fussy fixtures might seem fashionable at the time, but look outdated after just a few of years. When it comes to faucets and accessories, you can be a bit more adventurous as these are less costly to change. A simple look with neutral colours will serve you better overall if you intend to sell.
© 2018 – VIDA Magazine – Nikki Zammit