Renovating a flat to sell: how to manage the process

The number of people who decide 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

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

When we talk about renovating a flat to sell, we don't mean that major construction work needs to be done. 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 very carefully select which elements will be renewed. Bathrooms, the kitchen, and the condition of the walls and windows are usually what buyers consider most.

If you're wondering if it's really worth getting involved in a renovation before putting the property up for sale, experience tells us it is.

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

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

Added to this is the fact 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 sale process

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

Before the professionals start their work, make sure to remove everything from the house that doesn't need to be there. Remember that to show it, it should be as depersonalised as possible. Store photos, personal mementos, etc.

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

You've seen how to renovate a house and that renovating a flat 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.

‍