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Will find: Is it advisable to renovate to increase the price of an apartment before selling it? Price of works Price and demand What else should we take into account? How much can the price of your home increase? What are the advisable reforms to increase the price of your home? Walls and floors Distribution Kitchen Renovate the bathroom Windows Storage Boiler Improve lighting Integral reform Without a doubt, when we think about reforming or rehabilitating a home, the objective is to give a second life to that space where we spend most of our days . Another great benefit of a renovation is that it will allow you to increase the price of the home. However, renovating a home involves a significant expense . If you are thinking of selling your property, carrying out a renovation can be a great opportunity to get more money . Renovating a home not only increases its value but also its sales possibilities. If the home is in good condition it will be much easier to sell it.
When valuing a property, the state of conservation is essential to increase the price of your apartment. Buyers are always interested in the possibilities that the property has . For this reason, it is advisable for the owner to use these possibilities to increase the price of the home before selling it. Experts in the real estate sector Ivory Coast Phone Number List assure that if you choose to sell an apartment, the fact that it is renovated will greatly increase its value . The state of conservation and the location of the property are determining points in the amount that a home has on the market. Is it advisable to renovate to increase the price of an apartment before selling it? First of all, to determine this there are two key points: the cost of the works and the demand of the neighborhood. Price of works First of all, it is advisable to ask for quotes from different companies that are dedicated to carrying out renovations.
This way we will know what the cost of the reforms will be. The price of renovations may vary depending on the quality of the materials we use. The average price for a partial renovation is between 300 and 350 euros/m², and ranges between 600-650 euros/m2 (plus VAT) for a comprehensive renovation . With these data, we can establish that the average profitability of carrying out a comprehensive renovation process is 511 euros/m2 for Barcelona, and 308 euros/m2 for Madrid, this is equivalent to 47% and 79% of the investment, respectively. Price and demand To determine whether it is advisable to invest in renovations before selling your apartment, it is not enough to know the cost of the works. You also have to do research on prices and market dynamics in our area. First of all, when selling a home, it is important to know what its real estate valuation is. You can do this through.
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