Trade Busters

header contact

FREE Tradesmen Concierge Service
Home Renovations and Repairs

phone-icon

1300 TBUSTERS  (828 783)

Menu
  • Home
  • About
    • In The Media
    • FAQ
    • Tradebusters Connect
    • Tradebusters Academy
  • Home Renovations
  • BOOK a Tradie Now
  • Testimonials
  • News
  • Contact Us
  • Home
  • About
    • In The Media
    • FAQ
    • Tradebusters Connect
    • Tradebusters Academy
  • Home Renovations
  • BOOK a Tradie Now
  • Testimonials
  • News
  • Contact Us

Tips For A Profitable Renovation

April 8, 2014 by Mel, the editor Leave a Comment


Home owners undertake renovation projects for a variety of reasons. If your reason for the renovation has something to do with increasing the equity in your home or selling it sometime in the future, we’d like to offer a few tips that would help ensure that your renovation project would be profitable when the time comes.

Always plan your renovation project

Before undertaking any renovation project, you should always have a plan. You can’t just decide to renovate without one. Renovating for profit involves time, energy and most importantly, a lot of money, and embarking on one without a plan is plain and simple – risky. It’s always smart to carefully consider how your renovation ideas will fit into your long-term goals before starting work for a profitable renovation.

Consider your target market when renovating for profit

Not thinking about a target market is the most common mistake committed by home owners who are renovating for profit. If anything, a home owner who looks to sell his/her home in the future should always consider how big the house is or if its suited for just an individual, a couple or an entire family. Once you have a clear idea on who your target market should, creating a theme that will attract that target will be a lot easier.

In keeping with your theme, here are some specific suggestions on the kind of renovations you can do to ensure a profitable renovation.

Add a room

As long as it’s done within the property’s existing footprint, adding a room usually increases its value. In most cases, adding a room is possible if you have the space and ability to split one large room into two for another bedroom or better yet, an office. Your existing floor plan will also be getting some added flexibility when you add a room.

Re-purpose rooms

Take a look at every single room in your property and try to see if some of those rooms can be retooled to serve another purpose in order to increase the value of the property. The laundry room, for instance, can actually be moved to the basement, and be used as another bedroom, office or even a bathroom if you like.

Create an open floor plan by removing a wall

When you remove a wall you are giving your property an open and airy feel, which is what some house-hunters are going for today. With an open floor plan, whoever purchases the property can do anything they want with it. Just make sure that only a qualified builder removes any structural walls.

Change minor details

A renovation project doesn’t really have to be about tearing parts of the house down and building new ones. Just giving doors, cabinets and sinks a little facelift or a room a fresh coat of paint, or re-polishing floor boards also count towards value-added  improvements. They may be less dramatic than the ones we mentioned above, but these minor renovation touches can go a long way in boosting the value of your property.

To make the renovation experience more exciting and a little less stressful, why not use the free Tradebusters concierge service to help you find a builder and any other tradesmen you may need? All you have to do is give our team a call or complete our simple online form for us to call you back shortly.

Filed Under: Feature, Renovating or Building Tagged With: home renovation

Contact Form

form badge

Ready To Get Started?

Provide your details here and we'll call you back shortly to help you organise it all!

  • This field is for validation purposes and should be left unchanged.

link button

Click here for online job form >>

Testimonials

Tradebusters
So pleased with Tradebusters' recommendation for this glass balustrades. Very professional, on time and well done! Thank you!
J.Tan

East Killara

View All Testimonials

Previous Pause Next
Tradebusters
So pleased with Tradebusters' recommendation for this glass balustrades. Very professional, on time and well done! Thank you!
J.Tan

East Killara

View All Testimonials

Tradebusters
Recommending tradespeople who turns up on time and clean-up after themselves won't be a problem anymore for real estate agent like me.Tradebusters to the rescue!
Lou Cooper

McGrath Real Estate,

Sydney

View All Testimonials

Tradebusters
On-time,professional, courteous and polite electricians from Tradebusters, certainly made it easy for me.
Margaret H

Berowra Heights, Sydney

View All Testimonials

Tradebusters
With only one call, Tradebusters can provide you with reliable and efficient tradespeople!
Michele Newman

Property Search 4U,

Edgecliff, Sydney

View All Testimonials

Tradebusters
Tradebusters will impress you with quality workmanship, "can do" attitude and professionalism.
Tina Fawkner

Corbett, Black Cockatoo Interiors,

Hills District, Sydney

View All Testimonials

Tradebusters
I have nothing but praise for Laorence and her team. My vendors and landlords require services they can trust with reference to quality, price & timing. Tradebusters deliver every time.
Paul Lucas

Raine & Horne Five Dock

Sydney

View All Testimonials

Tips for your Home

Ways To Protect And Maintain Your Timber Floor Boards

Ways To Protect And Maintain Your Timber Floor Boards

January 30, 2018

Shine! Shine!! Shine!!!….Those floor boards Timber floor boards are beautiful, durable, and can add … Read More

How To Grow Your Own Potatoes At Home

November 1, 2017

Grow your own potatoes at home! The future is about going green and being sustainable. With all the … Read More

Find Us On Facebook

Topics

apartment bathroom renovation Builder building do-it-yourself electrician good local tradesman Home Improvement tips home maintenance home organisation home renovation home renovation help home renovations home repair home safety how to find a good local business kitchen renovation lifestyle tips local tradie moving house new home painters plumbing help recommended tradie renovation ideas renting room transformation save energy Sydney trustworthy tradespeople
  • Home
  • About Us
  • FAQ
  • Home Renovations
  • Find a Good Tradesman Today
  • Testimonials
  • Contact Us
  • Terms and Conditions
  • Home Renovations Brisbane- Find Tradesmen
  • Home Renovations Melbourne- Find Tradesmen
  • Home Renovations Perth- Find Tradesman
  • Home Renovations Sydney- Find A Tradesman
© 2018. All Rights Reserved. norton safe web logo