Real Estate Agencies

Elina

2/5/2024

Renovating an apartment to sell: how to manage the process

The number of people deciding to renovate a flat to sell is growing. This is because a small investment can significantly increase the market price of the property. In fact, it has been shown that a renovated home sells faster and at a higher price.

Why renovate your house to sell it faster

The home staging is a trend from the United States that involves giving the house a “facelift” before putting it up for sale. Depersonalizing it, fixing the most obvious defects and adapting it to the type of buyer being sought.

When we talk about renovating an apartment to sell, we don't mean that a large-scale work is necessary. In most cases, an average investment of 3000 euros can be more than enough if structural elements are not touched.

However, when it comes to how to renovate a house to increase its market value, it is important to choose very well which elements are going to be renovated. Bathrooms, kitchen and the state of the walls and windows are usually what buyers take most into account.

If you wonder if it's really worth getting fully into a renovation before putting the property up for sale, experience tells us that it is.

Most buyers are looking for a house they can move into as soon as they receive the keys. Few are those who want to go through a renovation process just after signing the mortgage.

Therefore, the better the house is, the sooner you will find the right buyer. In addition, a house in good condition is much more attractive in the photos and videos created for its promotion, so it will receive more visits. And this increases the chances of it selling faster.

To this we must add that, if the house is in good condition, the buyer will have fewer arguments to negotiate a lower price.

How to speed up the renovation and sales process

If you want to sell your house, you certainly don't want the renovation and sales processes to drag on. Therefore, plan carefully what changes you are going to make. Don't touch anything that is not really necessary. The less there is to do, the shorter the work will last.

Before the professionals start their work, make sure to remove from the property everything that does not need to be there. Remember that to show it, it should be as unpersonalized as possible. Save photos, personal memories, etc.

You will also avoid problems and time losses if you opt for a smart lock system. Both the renovation workers and the real estate agents will be able to come and go to do their job without having to wait for you to hand over the keys. This will make them do their job more efficiently.

You've already seen how renovating a house and renovating an apartment to sell can be a very good idea. So it's time to start planning how you're going to do it in your case.