On the railing the paint is leafing through, the fence posts are crumbling, the roof is full of moss. Many who want to sell their house are considering whether they should invest again in order to achieve a higher selling price. But are measures for improvement worthwhile? And if so, which ones?

Interested parties often look for brokers in order to reduce the sales price. Houses are often sold according to current construction standards. What was standard 50 years ago is no longer up-to-date today. But which renovations are worthwhile can vary from property to property.

A higher price can be achieved if there is a real increase in the standard. A new heating system according to the most modern requirements, an underfloor heating or a high-quality parquet floor affect the sales price. On the other hand, cosmetic repairs can prevent potential buyers from trying to negotiate the price downwards. For example, if a façade looks very old and dirty, it may be wise to plaster it again. Freshly painted walls also make a room appear brighter and more well-kept. However, in such cases a neutral view of a real estate expert should decide. Because owners often overlook possible points of criticism from interested parties.

Other examples are kitchen and bathroom. Because they are used a lot, these rooms often look worn and used. To avoid demand for price reduction, they should always look like new. If the installations or design do not meet current standards, potential buyers may find reasons to reduce the price. However, it should be carefully considered whether the investment costs are worthwhile and whether the higher price can be realized on the market. You should always consult a real estate expert.

Energetic refurbishment can also pay off. If the existing boiler is old and consumes a lot of energy, potential buyers often see a reason to reduce the price. Most people do not want to bear high heating costs. In principle, it is therefore advisable to replace a heating system that does not have modern technology. This also applies to roof insulation and the installation of new windows. Double windows are also upmarket equipment and can thus increase the price.

Selling real estate is also a matter of psychology. In a house in need of renovation, prospective buyers often unconsciously suspect that the house has further defects or damage. This does not have to be the case, and the conclusion is not necessarily logical, but still potential buyers sometimes feel that way. If the first impression is not correct, this often triggers an urge among interested parties to negotiate the price downwards. To find out which restructuring measures are worthwhile, it is advisable for sellers to seek advice from a neutral real estate expert.

Would you like to know whether it is worth upgrading your property? Please contact us, we will be happy to advise you.

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