Not every renovation pays for itself. As both an interior architect and a real estate investor, Azaad Azmi looks at every upgrade with one question: will a buyer or tenant pay more for this?
Upgrades that usually pay off
- Kitchens: new cabinet doors, a modern countertop and good lighting transform the heart of the home
- Bathrooms: fresh tiles, quality fittings and good ventilation to fight damp
- Paint: the cheapest makeover there is, in light, neutral colours
- Lighting: warm LED lighting makes rooms look bigger and better in photos
- Air conditioning and fans: essential for comfort in Sri Lanka's heat
- Storage: built-in wardrobes are a top request from tenants
Upgrades that often don't
- Very personal colour schemes or themed rooms
- Luxury fittings in a mid-market area
- Expensive features that are hard to maintain in humid weather
Furnish for your target market
A corporate tenant in Colombo wants a different look from a family in Kandy or a holiday guest in Galle. Design for the person you want to attract, not for yourself.
Fix the basics first
Damp, leaks, cracked walls and old wiring will scare away buyers no matter how beautiful the furniture is. Solve those before spending on decoration.
Planning a renovation before selling or renting? Get advice from Azaad Azmi first. Call or WhatsApp: +94 77 704 7774
No comments:
Post a Comment