Do you want to learn how to buy, renovate and sell in these Covid times so you can add equity, cashflow and wealth? Let’s work together to help you get started!
Not everyone wants to renovate. Nor do they want to spend time doing courses or researching how to save money. Not everyone can walk into a property and “see” what needs to be done or could be changed and how much it is likely to cost.
But this is something Anita Oze loves to do and has done it well when buying and cosmetically renovating several properties.
Now it’s time to share that knowledge and experience with you, so you too can be inspired to transform your property into a space that not only you love but is comfortable and admired by others.
Reno Inspect
Your 90 minute Reno Inspect inspection can be done either with you in your property or walk through by video for interstate owners. Its purpose is to identify ways to potentially add value with cosmetic renovations to your –
- Home to live in
- Investment property
- Property for sale
We discuss how to –
- Create simple and affordable changes to the property with open space and better flow and function
- Decluttering, paint colours, renovating kitchens and bathrooms, removing walls, creating new rooms and more
- Create a home that’s your sanctuary and don’t need a holiday from
- Not risk overcapitalising on your next renovation with estimated budget
- Add value with increased equity
- Attract better tenants and add cashflow with higher rental returns for your investment property
- Prepare your property for sale with styling and furniture staging
This inspection includes a Condition Report with recommendations and Connect you to local services and trades if required.
Inspect To Buy
This 30 minute Inspect To Buy inspection can be done either with you in the property you are viewing or walk through by video for interstate buyers.
Its purpose is to inspect properties at open home or private inspections, which you as a buyer has found but need to quickly identify current condition and ways to potentially add value
We identify the property’s –
- Current condition
- Estimated market value
- Potential to add value with simple and affordable changes
- Estimated budget for any repairs or maintenance
In addition to this inspection, ask to Connect to local services to help support you with your purchase
FAQs
Can I renovate on a budget?
Yes of course! Simple changes that adds the most value are
* Decluttering
* Paint – inside and outside in light and neutral colours
* New carpets and polish floor boards
* Repair before you replace
* Create a new room if possible
* Garden maintenance
How much should I spend on renovating?
For cosmetic renovations it is suggested to spend up to 10% of the current property value. For example $50,000 on a $500,000 property. Of this 10%, it would be ideally spread –
2-3% Kitchen
2-3% Bathroom
2-3% Other (paint, carpet, blinds etc)
2-3% Landscaping / Frontage
What is ROI?
ROI is an acronym for Return On Investment. It is calculated by dividing the equity created by the cost. For example a $9,000 profit divided by $3,000 in costs equals 3:1. To make any renovation worthwhile of your time and risk, you need a minimum ROI of 2:1 or more
When selling is property staging really worth it?
Yes I believe it is. Statistically properties that have been professionally staged will increase the estimated sales price of a vacant property by 7%-10% and sell 50% faster. Property staging incorporates styling, maintenance and marketing presentation of the property (photo & videos)
What’s the difference between an interior designer and a property stylist?
An interior designer creates cosmetic renovation design concepts, layouts and selected finishes for the home owners’ wants and needs. They often work with builders and trades to project manage the work.
A property stylist prepares a property for sale with an understanding of the current property market, design principles and the ideal buyer buyer in mind (not the vendor’s tastes)
When is the best time to sell?
Now! Most likely you will be selling and buying a property in the same “market”. So in a buyers market you may not attract a high offer, but likewise you have the opportunity to buy a better property at a discount. It’s all relative.
When contemplating days and seasons, different homes will present better when considering –
Weather
Light
Temperature
Garden
