Which Home Renovations Offer The Best ROI?

Renovating a home can be a time-consuming, expensive and at times overwhelming task. If you’re considering the purchase of a “fixer-upper”, it’s important you have an idea whether or not the benefits of the end product will outweigh the cost of investment. If you’re thinking about renovating your current home, or a home you intend to flip, you’ll be looking to increase the value of the property, really boosting your return on investment.

While there are numerous ways in which you can add value to a home, such as replacing a dated kitchen, building a conservatory, or simply adding a fresh coat of paint, if the funds you inject into that renovation are substantially more than what you will recoup through a sale, the investment is not worthwhile. 

Home improvements come in all shapes, sizes and prices. Below are some of the renovations you can make that offer the best return on your investment. 

KITCHEN AND BATHROOM REMODELLING 

For many the heart of the home, the kitchen may well be the difference between a smooth sale and no deal. With the kitchen being one of the most utilised rooms in a property, it makes sense that investing in a kitchen can provide you with the greatest return on your investment. A kitchen is a functional space, necessary for the comfort and convenience of any home, and so you can expect it to be the first room any prospective buyer will want to view. Although kitchen renovations can be expensive, homeowners can also expect a neat return on their spend. In fact, according to the

2021 Cost Vs. Value Report conducted by the US-based Zonda Media, the average homeowner sees up to a 71% return on a kitchen remodel. 

Much like a kitchen, bathroom refurbishments also have potential for a high return on investment. A property with a renovated or modern bathroom is more likely to sell at a higher price than a home with a dated bathroom. A bathroom really can sell a home. The trick to renovating within a budget is to tailor your kitchen or bathroom to be in keeping with the look and feel of the property. Practice restraint. Bear in mind the value of the house when deciding on your spending limit. While you could plan a space that is purely aesthetic, constructed and assembled with luxury materials and finishes, and filled with expensive appliances, you are not guaranteed to recoup your spend once the property sells. In many cases, a simple retouch of surfaces and upgrade of appliances will be sufficient. 

CURB APPEAL 

Not all renovations are created equal. When planning improvements to a property, it’s not always necessary to break the bank to add overall value. Thinking small and budget friendly is also an excellent place to start, as certain minor refurbishments can really affect how a potential buyer views your home. To start with, think first impressions and the property’s curb appeal. This can be as simple as installing a new front door or refreshing the look of a pathway. Tidying and refreshing the upfront look of a property is an inexpensive way in which you can improve the appearance of your home, making it more appealing to potential buyers. Scrubbing and tidying paving, pruning bushes or simply refreshing the building’s paintwork are just some of the ways in which you can make a residence look more striking. 

A LICK OF PAINT 

In addition to working on your curb appeal, another budget friendly restoration tactic is simply to repaint your property’s interior. A new coat of paint can provide you a large return on an inexpensive investment. The goal with repainting is simply to provide a pleasing first impression to potential buyers. Prioritise entryways, hallways, the kitchen and bathrooms. Focusing on neutral colours is also ideal as it aids potential buyers in imagining themselves living at the property. Refurbishments such as these can be carried out inexpensively, meaning the benefit-cost ratio will be in your favour. There’s no need to go over the top either. Your focus should be on simply making your home look fresh. 

FINAL THOUGHTS 

Home renovations can range from minor restorations to complete remodelling, but it’s important to remember to take into account your budgetary constraints when planning any refurbish. Although most prospective home buyers will be drawn to both the kitchen and bathroom, it doesn’t mean a renovation needs to break the bank to provide you a good return on your investment. In fact, practising restraint and bearing in mind the value of your home may be the most effective strategy to provide you with an effective ROI. It’s also vital to remember that minor restorations such as a fresh coat of paint and even just a new front door can really make all the difference when selling a home. 

HOW WE CAN HELP 

If you’re looking for a team to help renovate your home or someone to talk you through the process and put you on the right path, our specialists are always here to help. Whether it’s home extensions, kitchen or bathroom renovations, we can lend a hand, feel free to send us an email or call us on 03 9052 4430.

What to Avoid When Renovating Your Bathroom

When you are renovating your bathroom, it is important that you are careful as improving your home can be a risky task. If you take a lot of risks, it is likely that things will go wrong. You need to be smart and do research before beginning any renovation project.

Of course, the biggest factor in any renovation is your budget – dividing up your budget for each area in your home can be difficult and time consuming, but it is integral. It is common that people will put too little or too much money into certain areas that should be the other way. This is most common in the bathroom. 

Developing a bathroom renovation plan that is well-thought-out and is within your budget is one way you can significantly decrease the risk of catastrophe. If you are smart with your bathroom renovation, you can create a good investment by adding value and appeal to your home. However, it can also decrease your value if you try to take shortcuts or risks that aren’t necessary.

We have created a list of the most common misjudgements in bathroom renovations. We hope this list will help you avoid these mistakes when investing in your bathroom makeover. 

Here are 4 blunders you should try to avoid when renovating your bathroom

The Wrong Budget for your Space

While it is great to try and stay within a set budget, when you are renovating your bathroom this can often end up costing you more money than you would pay if you had a higher budget. It is important that your budget reflects the frequency at which a bathroom is used.

If you have a bathroom that is not used often and is not seen by many people, it is perfectly okay to focus more on the aesthetic than the practicality. The lack of use will allow cheaper fittings and fixtures to last longer than if they were in a high-frequency space.

On the other hand, however, a common bathroom should be renovated with its frequent use in mind. If you buy cheap items in a common bathroom, it is likely they will wear out quickly. It is important that you purchase fittings that can handle the frequency of use.

Hiring the Wrong Experts

It is extremely common for homeowners who don’t know much about renovating to hire shady experts. There are companies that will say they have years of experience and that they’re the best, but that is not always true. If you don’t conduct thorough research, you can end up hiring an incompetent team.

One way of conducting research is to look into testimonials or contact an expert you can recommend experienced teams that can help you with your project.

Image of a newly renovated bathroom

Completing Unnecessary Renovations

Sometimes homeowners will decide that they want to complete an entire bathroom renovation when they could save money by choosing to freshen up certain aspects of their space. Often, people will fall into the mindset that they need to start from scratch when a cosmetic remodel could work perfectly.

It is more important to have a bathroom that functions perfectly than a bathroom that is stylish and trendy. Before you decide to completely renovate the space, getting the opinion of an expert on whether that step is necessary may help.

Ignoring Practicality for Aesthetics

Before you start your bathroom renovation, you need to consider the layout of your space. You might not always be able to get the exact style that you want, so be sure to talk to an expert about what is possible within your space. By hiring an expert, they can assist in the development of an action plan 

Bathroom renovations are big investments, so we suggest that you plan your time and talk to a professional before starting your project.

The Best Kitchen Countertops for Every Kitchen

The most essential item in every kitchen are your countertops – these are not just vital functionally, but they will add to the overall look you are aiming to achieve with your renovation. Having a beautiful benchtop will give you an elegant and chic space to cook, no matter the size of your space. Whether you’re in a studio apartment or a mansion, we cannot recommend investing in your countertops more.

Your choice of countertops is an important aspect of your kitchen. The wrong choice can have a negative affect on your kitchen’s aesthetic and functionality. If you don’t choose one that is durable, you will have difficulty using the kitchen smoothly and the way you want to. 

When considering what countertop to choose for their homes, many renovators look towards current trends. The only negative of following trends is that they come and go, so eventually the countertop you choose will go out of fashion eventually

Here is our list of Melbourne’s top 8 trending benchtops

Engineered Stone Benchtops

Image of an engineered stone benchtop

Engineered stone benchtops are one of the best choices you can make – they are the perfect mix of durability and natural elegance that everyone will love. These benchtops are made from quartz or other naturally occurring components with synthetic polymer resins.

These man-made benchtops are perfect for those who are on a budget as they are low-cost and are long-lasting. Engineered stone benchtops are resistant to stains and scratches due to their non-porous nature. This also means they do not grow mold or mildew. 

Engineered White Benchtops

Image of an engineered white benchtop

If you are looking for a minimalistic styled kitchen, then look no further than engineered white benchtops. While their popularity is debated, they have been popping up on the interest for a while now. 

Debates about aesthetics aside, if you’re looking for a minimalistic kitchen, we suggest that you look into these engineered white countertops.

Natural Granite Stone Benchtops

Image of a natural granite stone benchtop

Natural granite stone benchtops are very unique – however, it seems this is what is drawing many homeowners in. The granite’s distinctive pattern and texture comes from its grainy texture which many homeowners appear to be loving right now.

On top of their aesthetics, these benchtops are resistant to both heat and pressure, though sudden changes in temperature and pressure may cause some damage. 

The downfall of these beautiful benchtops is their price. If you’re on a strict budget, you might not be able to choose this benchtop for your home.

Natural Marble Benchtops

Image of a natural marble benchtop

If you have the option of choosing more expensive countertops, then you need to look at natural marble benchtops. These benchtops have been popular ever since people began putting thought into their kitchen benchtop. 

While natural marble benchtops are a durable option, they are sensitive to acidic foods due to their softness in comparison to other natural stones. Because of this sensitivity, it is important that you maintain these benches properly, this includes resealing the benchtop annually. 

Concrete Benchtops

Image of a concrete benchtop

This benchtop option is a new trend that is gaining traction every day. It’s popularity is due to its resilience, durability, and the fact that, with the addition of polish, concrete can mimic the appearance of natural stones of glass finishes. 

These benchtops are perfect for those looking for an affordable yet beautiful benchtop option. 

Metal Benchtops

Image of a metal benchtop

Recently, it appears that metal benchtops have made their way into homes due to their popularity and stability in commercial kitchens. Their use in commercial kitchens was due to the extreme resilience and durability.

As they are made from metal, these benchtops are also very low maintenance and therefore popular among young men and in bachelor pads. 

Laminate Benchtops

Image of a laminate benchtop

Laminate benchtops have recently become very trendy among kitchen renovations. What was once an economical surface is now a top-tier surface. This benchtop is not only inexpensive, but it is long-lasting, with the new addition that they can mimic the aesthetic appeal of expensive natural stones. 

More so than this aesthetic shift from past decades, laminate continues to be favoured due to their incredibly low prices. 

Wood/Timber Benchtops

Image of a wood benchtop

Wooden benchtops are making a comeback in recent years. What was once popular in the twentieth century has started popping up in homeowner’s kitchen remodels due to the rising popularity in warm tones and natural products. Many homeowners are beginning to believe that wooden benchtops are quaint additions to their kitchens. 

If you are trying to better care for the environment, then you will love these benchtops. Unfortunately, they do need a lot of maintenance as they are sensitive to water. 

All of these benchtops are great options, so it is important you do your research before making any decisions.

5 Tips to Renovate Your Kitchen on a Budget

Deciding to give your kitchen a makeover can be substantially draining – mentally, physically and financially. Kitchen remodelling projects are extremely tiring, especially when you are trying to stick to a strict – often small – budget. However, if possible, you can significantly reduce the extra costs by doing some of the work yourself – or maybe asking a family member or friend to help you out. 

One of the most important factors when beginning a kitchen renovation is knowing and understanding exactly what you need. This includes knowing the exact style you wish to achieve and making a list of things that take priority over others. 

By doing these simple things, you can significantly reduce the cost of your makeover by knowing what areas you can compromise the quality and/or brand to save money, and the areas where it is unavoidable to spend more money. 

On top of choosing the right materials, a great way to save money is to do some work yourself rather than hiring a contractor. In saying this, it is important that we recommend you leave the high-stake and complex jobs for professionals, and you simply take care of the low-stake jobs. You don’t want to attempt a complex task by yourself and end up needing to pay for repairs when you make a mistake that might be unavoidable for an inexperienced person.

Here are our 5 tips for keeping your kitchen makeover on a strict budget:

Get Your Hands Dirty with a Paint Brush

Painting is one of the best tasks that you can easily do yourself with a little bit of prior research and planning. Paint can completely change a space and can hide even the worst of defects. You’ll see this happen if you hire professional painters as they will use spackle in cracks and cavities to ensure the new layer of paint with be smooth. 

While many will recommend that you hire professionals, if you complete research and planning prior to painting, it’s easy to complete without extensive experience. To begin, you should choose both the type and colour of the paint you want to use in your space. 

One way of doing research before painting is to look up videos on how to paint your kitchen to ensure you’ve got all the knowledge you need to complete the task perfectly. However, make sure you’ve done enough research that you are confident you can get the job done. 

Revamp Your Flooring

If you don’t need to remove your existing flooring, inexperienced people can easily apply peel-and-stick tiles on top of their existing floor to revamp the style and aesthetic of the space. 

It is important that traditional flooring is completed by professionals as it involves trowelling on an adhesive and pasting tiles on the ground. On the other hand, peel-and-stick tiles can by applied by anyone. You simply remove the paper backing and press it onto the floor.

Doing the flooring yourself is a great way to save a lot of money. However, if you aren’t comfortable or confident completing this task, it is always best to hire a professional if you can.

Image of a man working on kitchen flooring

Do Simple Touch-ups

Many don’t acknowledge this, but you don’t need to renovate your entire kitchen to give it a complete makeover. It is possible to revamp your space by making small changes and adjustments.

For example, if your cabinetry is in good condition, maybe you could repaint, repolish or give them new handles. You could even add plants or new appliances or decorations to simply change up the appearance of your kitchen. 

Switch Up the Lighting

Whether you are revamping your bathroom, bedroom or kitchen, changing the lighting is a brilliant way to change the look of the space while saving money. Adjusting your lighting can bring new life to previously boring spaces.

For example, if you feel like your kitchen is too dull, then you can add pendant lights under the countertops to add more brightness. 

You have a variety of options when it comes to changing your lighting including installing new, fancier lights or changing the light bulbs to coloured or smart bulbs. 

Remember that it is integral to hire a professional if you need to change any electrical wiring. 

Pay Attention to the Details

Minor changes can completely change your space, even if you don’t initially realise it. Buy some new faucets or switch up the light switches to modernise your space and add something new to the property.

If you’re after a professional renovation team, or you just want to learn more, get in touch with us today!

What You Should Think About Before Renovating Your Bathroom

Renovating your bathroom can be one of the most energy and budget taxing elements of your entire project. This process can go smooth and effectively if you plan everything before beginning. To ensure that you can complete your bathroom project without exhausting yourself and your budget, we have compiled 3 tips for remodelling your bathroom on a budget. 

While bathroom renovations can be tedious, planning can significantly improve the process and make it easy to build your dream. To effectively achieve what you want, this is the most important step of renovating any room of your home.

Not only for your sake, but for builders, this plan will allow everyone to accurately understand and reflect your vision in the final product. Even if you simply want to remodel to increase your sale price, planning is important so you can ensure that the final product is perfect.

Vision

Aside from the plan, an important aspect of designing your dream renovation is to have a vision. Your vision is what you want your space to look like in the end – it will be difficult for you and the crews to complete your renovation if you have no ideas what you want it to look like. 

If you have no ideas, it could be helpful to either consult an expert or research current housing trends that may give you inspiration for your home. Once you have found something you like, you can begin planning.

Image of a paint roller in a bathroom renovation project

Design

When you have a solid vision and plan of your space, you will begin designing it. This includes checking the existing room to decide if it has the capacity to bear the changes you have planned to this point. Then, depending on the outcome of the results, you will adjust your plan accordingly. 

For a bathroom renovation, it is important that you understand exactly how much space you will need for every aspect of the space. This means knowing how big or small your shower will be, whether you simply want a shower closet or if you want a bathtub, and how big or small your sink needs to be given the space remaining. 

It is important that these questions are answered to ensure that your bathroom renovation runs as smoothly as possible. The answer to these questions is also necessary before moving onto the next step in the process.

Budget

We understand that very few of us are wealthy and cannot drop cash at everything we want whenever we want. So, we believe it is integral to your project to create a strict budget plan. Home renovations can be extremely expensive, especially in Melbourne, so it is helpful to understand how much you have available to use on your project. A clear budget will help keep you on track during the process. 

Coming up with a good budget can be difficult, especially for a bathroom renovation. A smart budget is created by knowing and understanding which items need to be the highest quality – and therefore higher prices – and where you can compromise some quality to get a cheaper price on items. 

If you’re looking for a team to help renovate your home or someone to talk you through the process and put you on the right path, our specialists are always here to help. Whether it’s home extensions, kitchen or bathroom renovations, we can lend a hand, feel free to send us an email or call us on 9052 4430.

Everything You Should Consider Before Renovating

A large portion of the rental properties are owned by individuals that manage the day to day operations involved with the operations. A mistake many of these rental owners make is to renovate the houses as if they were their full-time home, which is not the case.

While it is obvious that improvements to your rental property can boost its potential, it is important that rental owners ensure they are updating what truly needs to be. Therefore, they need to choose a time to renovate that will benefit their needs and goals for the property.

We have compiled a list of seven factors you should consider before beginning any renovations:

1. Tenancy

Are you between tenants? While you can make small renovations with a current renovation by working around their schedule, it is best to leave unnecessary refurbishments and renovations for when you don’t have current tenants at the residence.

By doing this, you will avoid potential noise complaints and difficulties with scheduling. On top of this, you will be able to increase the rent for the next lease agreement.

To ensure this process runs as smooth as possible, it is recommended that you make an estimated timeline of your expected repairs that accounts for shipping and installation periods.

2. Your Budget

It is important that you are confident you have the necessary funds to complete all repairs – even if you plan on completing them yourself, they will be expensive. Before buying materials or hiring a contractor, be sure to draft up a budget that you can refer to when making decisions on updates and installations.

Remember that your time is money. The faster you can rent out your property, the faster you will begin receiving payments. Therefore, it is important that you create your budget before beginning so that you can choose materials and stay on timeline.

3. The Time of Year

Depending on where you live, you can adjust your price at different times of year to account for a more competitive market. For example, summer is often a popular time for people to move apartments, and therefore you can begin listing your space at a higher price.

If your close to a university, then you should follow the school schedule and adjust your timing and prices for the peak periods of year

This means that you should always complete repairs and home renovations before peak seasons so that you can have a new tenant in fast.

4. Repairs

A sign that you need to renovate your property is if your tenants are constantly requesting repairs. It is better for your property (and your wallet) if you upgrade appliances and renovate difficult areas in the space rather than continuously repairing outdated or damaged appliances or spaces.

Short-term, it is perfectly fine to complete some of these projects while you have a tenant at the property. This could include fixing leaky pipes or changing some appliances. However, in the long-term, it is best to consider what repairs may need to be done when a tenant is not in the space.

5. General Contractors

If the project you want is not small, them you will be limited to working with a time that your selected contractor is available. If this is not possible for you, then you will have to find another contractor that can do the upgrades following your timeline.

Similar to peak seasons with renting your property, there are peak seasons for renovating properties, so it is important that you contact a contractor as soon as you decide you want work to be completed so you can find a suitable time.

6. Tenant Attraction

Another way to recognise your property needs updating is whether it is attracting tenants. Upgrading it will make it more appealing to potential applicants. The longer you let your property sit empty, the more money you will lose, so you should prioritise updating or renovating your space as quick as you can.

7. Rent or Sell?

Have you decided whether you are going to sell or rent out your property? If you have decided that you will be selling, it is important that all your renovation decisions are neutral, and timeless as to appeal to the masses. Additionally, you should try to create higher value at the lowest cost possible by planning cost-effective renovations.

How Long Does a Kitchen Renovation Take?

Even if it is isolated from other rooms, such as the dining room, the kitchen is the busiest space in any home. Your kitchen is more than just a space to cook, but the heart of your family home. This means it’s important that you understand the significant disruptions caused by kitchen renovations to your daily life. How long exactly does it take to complete a detailed, safe kitchen renovation, though? Continue reading to find out!

How Big Is Your Renovation?

A lot of the home renovation shows on television make it appear that a complete kitchen transformation can be achieved in just a single day, however this is far from the case. Real life is not quite as quick. Depending on the size and detail of your renovation plans, a professional, experienced renovation crew may take anywhere from four to eight weeks. 

While something like installing new units and worktops is simple, and therefore a lot quicker, other things such as custom-build storage, repositioning large appliances, flooring or lighting will add major time onto the renovation.

Ensure You Get The Right Team

One of the most important things any homeowner needs to know before renovating is that one person cannot do all the work – that is a lot of skills for one person to have. It is perfectly fine for a firm to use subcontractors for specialty jobs such as plumbing, electricity, flooring and more, however, we recommend that you hire a reliable team. It is often difficult to ensure that subcontractors turn up on time which can put your schedules days (or even weeks) behind.

At Casabella Built, our team is highly skilled, and we can coordinate your renovation for you. By choosing us, you will only have one number to contact for all your questions and concerns. Depending on the scale of your renovation plans, our average work time is 6 weeks.

Image of a kitchen renovation timeframe and floor plan

A Detailed Kitchen Renovation Timeline

Clearing the Kitchen – 2 Days

This is possibly the biggest (and messiest) stage in the timeline for your kitchen renovation. In this stage, our team will remove the existing cabinets, flooring, tiles and all the fixed appliances. The skin will also be removed, if this is necessary, therefore any water and waste pipes will be sealed off. 

Once everything necessary has been removed, the crew will examine the walls and floor to ensure there is no structural damage and all gas and electrical supplies are safely sealed.

Initial Clean Up – 2 Days

During this stage, our team will do an initial clean and then carry our any necessary repairs, which may include patching holes, repairing floor damage, or removing any wiring or pipes that need replacing.

Custom Cabinet Building – 10 Days

This seems like a long time but rest assured that this process is completed at a specialty workshop and is scheduled to ensure its installation coincides with the completion of other necessary work.

Plumbing – 2 Days

Before proceeding, a plumber is required to make any changes to water or waste supplies for the sick and appliances.

Electrical Work – 2 Days

It is important that all electrical cables run to the correct positions for lighting, power points and appliances. On top of this, new channels might need to be made if the position of fixed appliances has changed.

Plastering – 2-4 Days

This stage ensures that any damaged surfaces are fit for use. Then dry wall may be installed to conceal pipes or other fittings.

Painting – 2-3 Days

Once the plaster has dried, the painters will come in, starting with a watery base coat before adding a few layers of your chosen colour.

Tiling – 2-3 Days

In a kitchen, the tiling is often quite minimal, and includes the splashback behind the sink and a protective layer behind the stovetop.

Flooring – 1-2 Days

Different types of flooring differ with installation times. For example, vinyl flooring may take only a few hours. On the other hand, stone, tile or wooden flooring will take a few days, more if the pattern is complex.

Installation – 4-5 Days

After flooring is installed, the team will fit the cabinets, worktops and install your fixed appliances. All of the appliances, power points and lights will be connected and tested, and the painter will touch up any areas damaged during the installation process.

Inspection – ½ Day

To comply with local regulations, you will need to have an inspection to ensure that any electrical, gas or plumbing work is up to standard.

For more information, contact our professional team today!