select
|

Today’s top renovation trends

In the competitive environment of the real estate market, standing out above the crowd is essential for homeowners who want to increase the value of their property and ensure that that they get the best possible price for their property should they decide to sell. 

Many homeowners have turned to renovation as the key to increasing both the home’s value and its appeal to would-be buyers. This is according to Adrian Goslett, CEO of RE/MAX of Southern Africa, who adds that renovation projects are currently on the upswing.
 
He notes that while renovation can be the answer for homeowners who are looking for the edge in the market, it is essential that any renovation project is undertaken in the correct manner to ensure that it has the desired impact. “If adding value is the end goal, then it is imperative that the project is handled by a trained professional who has the qualification to complete the work according to the highest possible standards. The cost of fixing badly completed renovations will far outweigh any savings made by cutting corners or using someone who is not qualified,” says Goslett.
 
He advises that homeowners should speak to several well-regarded contractors before moving ahead with any renovation projects. “Homeowners should provide each of the contractors with the same information so that it is possible to compare quotes. Homeowners should also check the contractor’s references and read any reviews that may be online. This is a great way to obtain information about the contractor and establish whether or not any previous clients have reported any problems with regard to communication, delays or site clean-up.”
 
According to Goslett, certain renovations will add more value to a home than others - kitchens and bathrooms, for example, which remain the most popular areas of a property to upgrade. Statistics suggest that while these rooms can be costly to renovate, they will push up the value of the home more than any other renovation project.
 
Knowing the current renovation trends and what potential buyers are looking for will assist homeowners to decide which projects to undertake and how to make the most of them. Reports from highly rated interior designers and renovators list the following as the current top renovation trends:
 
Open-plan living areas 

Many renovation projects involve removing walls to create a more open space and flow between rooms, particularly the kitchen and living areas. Removing walls can make smaller homes appear to be bigger and can create a more social atmosphere where household members can interact even while they are busy in different areas of the house. Certain renovations include placing islands in between two previously separated rooms to define spaces while still creating flow. Often hardwood or similar style flooring is used in the kitchen and living spaces for continuity between the different areas.
 
Energy efficiency

A growing trend among homeowners is the need to reduce energy waste. A large proportion of renovation projects include eco-friendly systems that effectively cut down on energy usage and a home’s carbon footprint. These renovations include home automation systems, water-restricting showerheads, solar panelling and replacing old light bulbs with LED lights. 
 
A growing number of homeowners are also including recycled building materials into newer spaces to save on resources and create an eclectic combination which is very trendy.
 
Bathroom bliss

Homeowners with the space and resources are focusing on creating luxurious bathrooms, which include underfloor heating, a standalone tub and shower that features multiple water options. The emphasis is on both extravagance and comfort.
 
Smart technology customisation

With technology very much a part of our everyday lives, many homeowners have included smart technology customisations into their renovation projects such as charging stations for phones or computers. Some of these renovation ideas involve adding charging stations into existing cupboards so that the gadgets and wires are out of sight or installing electrical outlets with built-in USB charging ports.
 
“While knowing the top trends is important, it is more important to ensure that the project grows the investment value of the property and adds to its appeal. With any renovation project the key is to have a budget and a plan before getting started,” concludes Goslett.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 23 Nov 2017
      If you are looking to sell your home in today’s real estate market, there are certain things that you need to include both inside and outside your house. Today’s generation of home buyers is looking toward a more eco-friendly, energy and water conscious home, and if your house stands out then you are more likely to be able to sell it.
    • 22 Nov 2017
      Most people know of the Community Schemes Ombud Service (CSOS) and that levies must to paid to fund its operations. In this article the experts at Paddocks will address some of the issues that are causing confusion.
    • 22 Nov 2017
      While sales have noticeably slowed in most sectors in most Cape town suburbs, the security estate sector in Constantiaberg has bucked the trend by remaining buoyant, with sales by August this year already surpassing total sales in 2016.
    • 22 Nov 2017
      The end of the year is fast approaching, and so are all the travellers, tourists and holidaymakers. For those who live near or own a property in a holiday-hotspot, the festive season also brings with it an abundance of short-term rental opportunities. Its a great way for property owners to make a few extra rand for their own holidays or to put towards their savings.
    • 21 Nov 2017
      The buying process is over, and the moving truck has delivered your household goods to your new property. Now it’s time to unpack and turn your new house into a home.
    • 21 Nov 2017
      When an offer to purchase a property is signed by both buyer and seller, this constitutes a binding agreement or “Deed of Sale” between the two parties. However, in most cases the “standard contract” might not be enough to cover all the specifics pertaining to the sale. The agreement may require some additions or alterations to clauses, which needs an expert hand in the drafting of such
    • 21 Nov 2017
      As more and more South Africans look to invest in property abroad, Spain is offering them one of the best deals in global real estate.
    • 20 Nov 2017
      Since 2012, sectional title complexes have been leading the South African property market, not only in terms of price growth, but sales volumes as well. Remaining relatively strong, even in the face of 2017’s political and economic turmoil, experts say this market segment could offer valuable insight into South Africans’ property purchase priorities.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK