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Best and worst home improvements to make in 2017

Best and worst home improvements to make in 2017

Author: Pranil Maharj
Date: 2017-02-17

Most homeowners will make improvements or do renovations over time, but if you are hoping to get back everything you've spent on those projects when you sell your property, you should focus on keeping what you already have in really great condition rather than making more radical changes.

As agents we see this all the time - less expensive projects like repainting your home, or waterproofing the roof, or sanding and resealing your wooden floors usually generate much better returns on expenditure than big additions and alterations.

Making your existing home the best it can be is the most cost-effective course of action, with the top-ranking projects of the year - those likely to generate the highest return on money spent - being the installation of fibreglass ceiling insulation, the installation of a steel front door, the improvement of the exterior appearance of your home, a minor kitchen remodel and a garage door replacement.

Spending money on a poolside patio or new thatch for the lapa is likely to give you a much better payoff, rand for rand, than a new kitchen or an extra bathroom. And it will still increase the appeal of your home for prospective buyers. In fact, kitchens and bathrooms are such personal spaces that a major revamp might not pay off at all if your dream makeover fails to impress a buyer that has totally different taste.