Renovate to Sell

+64 21 230 5511

Boost Property Value: Renovate your property to sell for maximum profit

Pre-sale renovation often makes the difference between an average, slow sale and achieving a jackpot at auction.

James Goren, from The Renovation Team, specialised in pre-sale renovations and can work with you to unlock your property’s true resale potential

Get started - call us now!

Is Your Property Worth More Than You’re Getting?
Discover How to Maximize Your Sale Price!

Emotions sell

Freshly renovated properties result in strong buyer emotion at the auction room which drives the sale price up. Buyers love to move into a brand new home which needs no further effort. When the property is in average condition, buyers are not comfortable to push the price because of the unknown cost to bring the property to a good standard and the hassle of hiring a contractor to do the job.

James Goren, our managing director is both an experienced property investor and property trader. He is an expert speaker at the Auckland Property Investors Association and a value renovation expert who has managed hundreds of renovations. He understands which upgrades will help the home sell more quickly for a higher market price. The result? Smarter renovations with a higher resale value.

Strong returns for the homeowner and the listing agent

Our return on investment data tells a clear story. In fact, our renovations deliver a 260% return on investment on average. For example, a renovation in Remuera which cost $65K resulted in a resale price increase of 368K, which amounts to a 466% return on investment (ROI). These types of returns leads some to ask, “How could The Renovation Team's ROI be so high compared to other contractors?”
The short answer is that resale value focused renovation is drastically different from traditional home improvement and requires a complete rethinking of the renovation process.

Case study: Victoria Ave, Remuera Townhouse

Ray Chan and Ian Thornhill from Barfoot and Thompson Epsom listed the property and it was in the market for a full marketing campaign.

Max offer was $1.3Mil which didn't satisfy the vendor.

Ray from Barfoot decided to involve James from the Renovation Team with the following results:

Property Type: Townhouse

Location: Victoria Ave. Remuera

Initial max offer: $1.3M

Renovation plan: $65K - 5 weeks

Selling price: $1.685M (after 3 weeks)

Resale value increase: $368K

ROI: 466%

Case study: Tuarangi Rd Grey Lynn

The vendor, living in a basic bungalow in Grey Lynn, decided to return to the UK and sell. Ryan Harding from Barfoot estimated a maximum sale of $1.3M due to the property’s rundown state. James Goren devised a cost-effective resale plan, and The Renovation Team completed the project in 6 weeks. Relisted at $1.5M–$1.6M, the property sold for $1.74M (Mar 20), earning the vendor $440K above initial expectations.

Property Type: Bungalow

Location: Tuarangi Rd Grey Lynn

Initial value appraisal: $1.3M

Renovation plan: $120K - 6 weeks

Selling price: $1.74M (after 3 weeks)

Resale value increase: $440K

ROI: 266%

Case study: Pah Road, Epsom Unit

After advising the vendors on refurbishment and presentation, this property was marketed for auction by Alastair Plowman from Barfoot and Thompson. Although two pre-auction offers were made, the vendors declined them, aiming for a better price. Following the renovation to prepare the property for sale, it returned to the market, and bidding at the auction opened at $700,000. The bids quickly rose to the reserve price of $920,000 and ultimately reached a final sale of $1,032,000. This auction set a new street record for a two-bedroom unit on Pah Road. Both Alastair and the vendors were thrilled with the process and the exceptional results.

Initial value assessment : Low $800K

Renovation plan: $75K - 6 weeks

Selling price: $1.03M (after 3 weeks)

Resale value increase: about $200K

ROI: 190%

Why Renovating Your Property Before Selling is a Smart Move

GET A HIGHER MARKET VALUE and HASSLE-FREE SALE!

Higher Market Value

Strategic renovations can significantly boost your property’s value. It alleviates potential buyers' concerns about the time, expense, and effort required for post-purchase improvements. Offering a home that needs no immediate work can be a decisive factor for buyers who prefer an easy transition.

Faster, Competitive Sale

A professionally renovated home often sells faster and can trigger bidding wars. Our history shows that renovated homes consistently achieve top dollar on auction day.

Emotional Appeal

hen potential buyers step into a beautifully renovated space, they can instantly envision themselves living there.

Stronger Buying Power of First-Time Homebuyers

First-time homebuyers often have more flexibility in their purchasing power and are drawn more to move-in ready homes. They typically only need to put down a 10% deposit, compared to 30 % for property investors.

Expertise in Renovation to Sell

The Renovation Team has years of experience in renovations specifically designed for sale. We’ve successfully completed dozens of projects, understanding exactly how to attract buyers and maximise your home’s appeal.

Everyone loves the feeling of a fresh new home

Let the new owners fall in love with the house.

Since interest rates are dropping and borrowing is getting easier, freshly renovated properties result in strong buyer emotion at the auction room which drives the sale price up. Buyers love to move into a brand new home which needs no further effort. When the property is in average condition, buyers are not comfortable to push the price because of the unknown cost to bring the property to a good standard and the hassle of hiring a contractor to do the job.

James Goren, The Renovation Team

Director

Are you considering selling your property?

Leverage The Renovation Team’s expertise to prepare your home for a successful sale. We are a one-stop shop for all homeowners and investors who want to add significant value, equity, and improvements to their properties by investing in renovation and reconfiguring. We provide a full turnkey project management solution with a fixed price quote ensuring that the project is finished on time and within budget!

How it works

Improvement analysis

We will meet before the property is listed and prepare a pre-sale renovation plan with a singular focus on resale value

We improve the property

Our team of expert tradesmen will renovate the property to drive resale potential

You list the property

Listed property will now be reflecting its true potential and will appeal to a broader audience

Property is sold at a higher price

An easier sell with a high win for both you and your customer

How it works

Improvement Analysis

We will meet before the property is listed and prepare a pre-sale renovation plan with a singular focus on resale value

We improve the property

Our team of expert tradesmen will renovate the property to drive resale potential

You list the property

Listed property will now be reflecting its true potential and will appeal to a broader audience

Property is sold at a higher price

An easier sell with a high win for both you and your customer

How to Boost the Value of Your Property Before Selling?

The cost of improvements can significantly enhance the value of your property. You may be surprised to find that upgrading your property could be more affordable than you anticipate.

Contact us today to discuss your options.

info@therenovationteam.co.nz

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