A house to renovate for sale can scare off most buyers. However, it offers numerous opportunities. It’s entirely possible to make the most of it, whether you’re a future owner or an investor. This option is worth considering if you’re looking to make a great deal!
Are you on a tight budget to renovate your home? Take advantage of the low prices of a house to renovate . Is there no property on the market that meets your needs in terms of layout and comfort? A house to renovate is the solution to your problems! It gives you the opportunity to customize the interiors according to your desires without having to build a new house on a bare lot!
The work carried out will also increase the value of your renovated home. This promises you a significant profit if you resell the house and optimal profitability if you rent it out.
But be careful! Improvisation will have no place in the preparation of such a project! Many criteria come into play when selecting your future house to renovate . The location of the house, its potential, its general condition, the extent of the work and your renovation and purchase budget will be parameters not to be neglected when discovering the information in the advertisement at each visit. Discover our advice for finding the rare pearl!
Where to find a house to renovate for sale?
Real estate listing platforms, specialized websites, auctions, real estate agencies, and property dealers… there are many avenues that can lead you to the listing of your dream home for sale . The trick to making the search for your future home easier? Use different channels!
Real estate advertising platforms and specialized sites
Technology makes your life easier! Want to get an overview of every available house to renovate and their prices in a given area? Visit a specialized peer-to-peer website or a real estate listing platform. Simple and intuitive, they offer filters that will allow you to refine your search for a house to renovate according to your needs. You’re sure to find an interesting listing for a house to renovate for sale.
The real estate agency and property dealers
Support from professionals who know the market is always a plus. An agency will use your specific selection criteria to guide you to the most suitable listing for a house to renovate. They will also assist you in assessing the cost of the work .
A property dealer, on the other hand, specializes in buying and selling homes that need renovation. Their advantage? They can offer you off-market homes that need renovation at competitive prices.
Auctions
Another way to find that rare gem: auctions organized by the courts. Houses in need of renovation are generally offered at very attractive prices. But before you take the plunge, it’s important to learn about the characteristics of this type of transaction.
What criteria should you use to select your house to renovate?
The criteria for choosing a house to renovate go beyond your needs (number of bedrooms in the house, presence of a garden or garage, the view from the house, etc.). Other, more complex factors that you won’t necessarily find in the real estate ad should be considered, such as the location, the extent of the renovation work, or even urban planning constraints.
A different selection than a house in good condition
Unlike choosing a house in good condition through a sale advertisement, choosing a house to renovate won’t be based on personal criteria. The size of the land or garden can be a factor that influences your choice.
However, you won’t have to focus on the number of bedrooms and bathrooms in the house, the layout of the living room and kitchen, or even the presence of an upper floor in the ad. But why? The answer is simple! During the home renovation project after the purchase, you can completely transform it to adapt it to your needs.
The location of the house
A well-located house to renovate promises a profitable purchase! The house will find buyers more easily if resold, and will quickly become a rental property. But what do we mean by a well-located house? The ideal location of the house isn’t limited to the chosen city or village. A house to renovate for sale located in a neighborhood close to amenities is preferable. Also, choose a neighborhood with a dynamic local market, and pay attention to the prices. Thorough research, in addition to the information in the sales ad, will be a real asset.
The general condition of the house
Not all houses needing renovation are created equal. To secure a good deal, analyze the overall condition of the house being renovated. Major renovations can affect the profitability of your project, especially if they are not properly managed. Each time you visit a house requiring renovation, a thorough inspection of the load-bearing walls, foundations, and roof is essential. The slightest signs of moisture and insulation problems affecting energy consumption should alert you.
The nature and extent of the work
Having a professional on hand will be a valuable asset to you whenever you visit a house that needs renovation . They will help you identify the renovation work that needs to be done in the house. This will then allow you to determine how much money will be needed to achieve it.
Before choosing a house to renovate, ask yourself the right questions. Will the home renovation project be limited to a simple refresh (painting, flooring, kitchen)? Is a major renovation necessary to restore the house (plumbing, electrical, roofing, creating a second floor, an extension to the house, or additional rooms)?
The overall budget
Another essential criterion for choosing a house to renovate for sale on the market : your budget. The price displayed on the sale ad for the house to renovate isn’t everything! The cost of the renovations and any additional expenses must be added to the purchase price of the house. Allow a 20% margin to protect yourself from unforeseen expenses.
How to estimate the cost of renovation work before buying a house?
Estimating the total cost of renovation work on a house for sale depends on the cost of each project and its scope. Consulting a professional can give you an idea of how much you should budget for renovations on your home.
The average price of a house renovation project
Here’s an overview of the average prices for different levels of home renovations. They’re significantly higher than the prices for apartment renovation services, as the surface area to be worked on is larger.
Extent of the renovation work on the house to be renovated | Types of renovation work to be carried out
| Price in euros per square meter |
Small interventions | – Paint refresh – Light repair work – Refreshing the floor covering | Between 30 euros and 60 euros |
Intermediate renovation in the house | – Bringing electrical installations and the water network up to standard – Kitchen renovation – Bathroom renovation | Between 600 euros and 1200 euros |
Large-scale renovation work | – Structural work – Roof renovation – Rearrangement of rooms – Creation of a floor or an extension | Between 1200 euros and 2500 euros, or even more |
A margin of 10 to 20% is highly recommended for your home renovation budget.
Home renovation expense items
The type of work to be done and its scope make all the difference in the price. Structural work generates the highest costs. When restoring a house that needs renovation, it represents half of your renovation budget.
The second work in the house to be renovated, in particular the water and electricity network, the partitions or the insulation work, constitutes between a third and a quarter of the budget.
Finally, 10 to 15% will be dedicated to finishing the house . This last category of work includes floor and wall coverings or even the kitchen and bathroom of the house to be renovated.
The need to surround yourself with professionals before purchasing the house to renovate
It would be a mistake to rely solely on the information and price displayed in the listing for a house to renovate for sale, and on an estimate during the viewing, to decide whether or not to purchase the house. Professional advice will be essential.
If the real estate agency or property dealer directs you to every listing for a house to renovate with high potential on the market, other experts must also come into play. So who should you turn to?
The property diagnostician will be one of your key allies in your project! They’ll help you decipher the various property diagnostics of the house you’re renovating. You can use the results of their analysis as a tool to negotiate the purchase price of the house. A DPE revealing excessive energy consumption in the sales advertisement, for example, could allow you to obtain a nice discount.
The intervention of an architect will also be required. He is best placed to analyze the feasibility of your home renovation work . His expertise is required if you plan to modify rooms, build an extension to the house, add a floor or redo all the rooms from the bedrooms to the living room to the kitchen and bathroom.
He will draw up a home renovation plan for you based on your goals, budget, and technical aspects. Finally, home renovation work is generally subject to regulations and permits. The architect will be willing to check the necessary planning permissions according to the PLU.
A project manager from a home renovation agency will be a valuable resource before you buy a house you’re looking to renovate. This renovation project professional plans the work precisely, adhering to a clearly defined deadline and adhering to current standards. They have the skills required to estimate a detailed budget for the house’s renovations.
Are you looking to transform a house that needs renovation into a high-potential sale? Entrust your project to us! We can assist you every step of the way. We provide a professional architect and qualified craftsmen!
What renovation work is planned in the house?
Are you looking to make a profit by purchasing a house for sale in an ideal location that needs renovation? Careful planning is essential. Home renovations should be done in order of priority, based on your budget. So where should you start?
Elements to prioritize in the house to be renovated
It’s tempting to give a house a makeover to bring it up to date. But be careful, aesthetics don’t come first. The safety of the house being renovated is a crucial point that you shouldn’t neglect.
- The solidity of the house’s structure: the foundations, the floors, and even the stability of the house are crucial. They allow you to carry out work to fit out the rooms of the house or add a floor;
- Waterproofing the roof of the house to be renovated: in the event of infiltration problems, you must prioritize the renovation work necessary to remedy this;
- Electricity, water supply, insulation, and home heating: bringing these systems up to standard is essential. They affect safety and energy consumption within the home.
Renovating your home should be done in stages.
Steps to follow to successfully restore a house to be renovated
The architect will be the key driver in the renovation of a house for sale . Consider contacting him or her in advance so that he or she can guide you from the very first stages of your project.
The renovation plan of the house to be renovated
Controlling the cost of the work is the main ingredient for renovating a house effectively . Your best allies? The architect or the project manager! He will take care of the detailed renovation plan. He will consider all the operations to be carried out in the house: renovation of the living rooms of the house, addition of additional bedrooms, rearrangement of the living room, renovation of the kitchen , modernization of the bathroom , reinforcement of the thermal insulation to reduce energy consumption…
Thanks to this clarification, it will be easier to prepare an accurate quote for renovating your home and determine the permits to request.
Demolition and sanitation
Before beginning work on the renovation project for a high-potential home, the team of professionals will demolish any existing fixtures and fittings that need to be modernized: dilapidated flooring, partitions, and old kitchen and bathroom fixtures. Addressing any moisture or pest problems in the home will also be prioritized over any other improvements.
The structural work and bringing the installations of the house to be renovated up to standard
This stage includes all work related to the structure and major components of the house to be renovated. The foundations, roof, floors, and load-bearing walls will be the focus of the contractors. The architect will also take the opportunity to implement work to upgrade the water and electrical systems within the house to be renovated.
Renovation work that can reduce energy consumption in the house being renovated is also a priority. Therefore, heating and insulation will be carried out with care and attention to detail. Note that you are entitled to energy renovation assistance such as Ma Prime Rénov’ or the zero-interest eco-loan and Energy Saving Certificates .
The layout and finishes
Complete the renovation work on your ideally located home by renovating the interior spaces and finishing touches. This will also be an opportunity for you to redesign the garden to increase the value and appeal of your renovated home.
During this final step, you’ll customize the various living areas of the house, including the flooring, paint, and kitchen and bathroom fixtures, according to your tastes. This is also the time to add character to each room, from the living room to the bedrooms, by adding a personal touch to your home’s decor.
Get support from Reno: an agency specializing in home and apartment renovations!
Certainly, some home renovation tasks can be completed on your own. This choice means significant savings. However, if the work to be undertaken in the house being renovated for sale is extensive, don’t take the risk! The solution?
We’ll support you throughout your home renovation project ! What do you gain by trusting us? Quality work on your home renovation project and guaranteed profitability on your property purchase! From estimating the cost of the work to the finishing touches, we’ll be at your entire disposal. Don’t hesitate to request a quote to find out our home renovation fees.
What are some ideas for improving the value of a house that needs renovation?
Whether you plan to live in the renovated house for sale or post it on a sales or rental ad after the renovations, the layout and final decoration are crucial. Don’t hesitate to follow current trends to create a pleasant, functional, and enjoyable living space in your well-located renovated house.
Optimizing space and brightness
Want to add character to your newly renovated home? Play with the impression of space and natural lighting! Emphasizing open spaces is an effective interior design tip. In addition to creating a sense of volume in the various rooms of the house, it’s a way to flood the interiors with natural light. This design idea can be applied to the living room and kitchen of your home.
Installing bay windows in the living room also lets in light while still allowing an open view of the garden. Glass walls are also very trendy for demarcating spaces in the home, particularly in the living room or bedroom, without compromising the brightness. In a bathroom or upstairs bedrooms, you can play with wall color and the installation of a mirror to optimize lighting.
Maintain the charm of the house to be renovated
A house for sale that needs renovation may have original features that lend it authenticity and character. If you’re lucky enough to have this style of house with exposed wooden beams in the living room, or stone walls in the bedroom, living room, or kitchen, avoid touching them. They will add charm to your home’s interiors. A beautiful solid wood floor doesn’t need to be replaced. To restore its shine, sand it or seal it!
Ecological and sustainable materials to favor in your home to renovate
The trend is all about eco-friendly design! When renovating your home, opt for natural materials in every room of the house.
Wood, stone, marble, and pebbles are ideal for kitchens and bathrooms. For flooring in bedrooms and living rooms, consider stoneware tiles, polished concrete, or wood parquet. Bring this eco-friendly spirit to your garden, which is being renovated. Composite wood and natural stone slabs combine strength, durability, and aesthetics!
If you are looking to rent or sell the property, the presence of these durable and high-end materials in the advertisement will justify a high sale price or rent.
Decorating trends to adopt in your home to renovate
Looking to modernize your home and get a competitive price on the market? Opt for minimalism in every room of your house, from the bedroom and living room to the kitchen and bathroom. Industrial style also extends into every room of the house. If you like the old-world charm of your home, you can perfectly combine it with modern materials like glass or concrete in the various rooms of the house.
House to renovate for sale: key points!
To find a listing with high potential for a house to renovate for sale in a good location, you can search real estate platforms. A real estate agent or property dealer can also help you find a house to renovate. Auctions are also a good way to purchase a house to renovate at an attractive price.
Evaluating the cost of each project is essential to successfully complete your real estate project. That’s why the help of renovation professionals like Reno will be invaluable. We’ll be able to consider your specific needs for each room in your home. Contact us and we’ll provide you with a personalized quote for your home renovation project!
