First im­pres­sions last longer

Whitsunday Times - - REAL ESTATE -

IF you could ren­o­vate only one room of your home, which one would re­turn most on in­vest­ment?

Ac­cord­ing to Cathy Mor­ris­sey, of The Reno Chick, the an­swer is a no-brainer.

“If I had to say what gets peo­ple in the door, it is the front yard, your out­door room,” says Ms Mor­ris­sey, who has man­aged seven ren­o­va­tions since 2012. Each has re­turned a six-fig­ure sum. “That’s be­cause if you can’t get them (prospec­tive buy­ers) in the first 10 sec­onds, if you can’t make a good im­pres­sion, you will never

If I had to say what gets peo­ple in the door, it’s the front yard.

Cathy Mor­ris­sey

have a chance,” Ms Mor­ris­sey said.

“In­vestors don’t care so much be­cause they are think­ing about what they can do to im­prove it them­selves but for owner oc­cu­pants it’s their home so spend a lit­tle if that is all you have and it will bring the best re­turn on your out­lay.

“Make that pos­i­tive first im­pres­sion and you don’t need to spend a lot of money to do it.”

If you have less than $500, Ms Mor­ris­sey sug­gests you: Buy some new plants and flow­ers Mow the lawn Clean the con­crete Re­move rub­bish Prune ex­ist­ing fo­liage Add some fresh mulch Paint the front fence She once spent $6000 cos­met­i­cally re­fresh- ing the front of an in­vest­ment prop­erty in Syd­ney. She says the 35-day paint-and-gar­dens pro­ject made her $105,000 profit.

“Paint the fence if you can and get the front yard look­ing re­ally neat be­cause that will get peo­ple in your front door,” she said.

Mel­bourne ren­o­va­tor Tom Hall said: “I would say it is prob­a­bly one of the most ex­pen­sive (rooms) to do but for re­turns I would have to say the kitchen.”

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