Care­ful with ren­o­va­tions

The Weekend Post - Real Estate - - Front Page - Bianca Kee­gan

AT­TEMPT­ING a ren­o­va­tion or house re­pair is a great way to boost the value of your prop­erty, but if you suf­fer a DIY mishap it could end up cost­ing your profit.

A new re­search sur­vey con­ducted by Galaxy this year re­vealed 75 per cent of Aus­tralian home­own­ers had un­der­taken a ren­o­va­tion or patch-up job at their prop­erty and one in five bun­gled the task, re­sult­ing in a call to a trades­per­son.

The Gumtree Tradie Trends Re­port showed the aver­age house­hold spent just less than $1000 on home re­pairs and ren­o­va­tion each year.

‘‘Prob­lems around the home are of­ten made worse by un­skilled home­own­ers at­tempt­ing what should be left to a qual­i­fied trades­per­son,’’ found­ing di­rec­tor of Ren­o­vat­ing for Profit Cherie Bar­ber said. ‘‘It may seem like a good idea at the time, but it can re­sult in a more costly pro­ject and de­val­ued prop­erty if work is not car­ried out cor­rectly.’’

The re­port found home­own­ers saved up to $561 per job by sourc­ing com­par­a­tive quotes, with nine in 10 believ­ing hefty price tags don’t al­ways en­sure qual­ity work.

Ms Bar­ber said the ma­jor­ity of peo­ple found trades­peo­ple on­line, cit­ing con­ve­nience, be­ing able to source some­one lo­cally and read­ing com­ments by other users.

Ac­cord­ing to a re­gional and metro break­down, peo­ple liv­ing in re­gional lo­ca­tions gen­er­ally spent less when hir­ing tradies.

‘‘When it comes to spend­ing money on tradies, those liv­ing in re­gional lo­ca­tions are spend­ing up to 48 per cent less on re­frig­er­a­tion re­pair when com­pared to those liv­ing in cap­i­tal cities,’’ the re­port states.

‘‘There is also a big dif­fer­ence in amount spent on glaziers, with those liv­ing in re­gional lo­ca­tions once again spend­ing less.’’

Elec­tri­cians and plumbers are the trades that ap­pear to be in de­mand, while car­pen­ters and tilers are the most ex­pen­sive.

Elec­tri­cians are also more likely to re­ceive re­peat busi­ness in re­gional lo­ca­tions.

Not sur­pris­ingly, qual­ity of work was the most highly de­sired tradie trait, fol­lowed by cost, abil­ity to de­scribe the prob­lem and clean­ing up af­ter the job. Elec­tri­cian: 40 per cent Plumber: 34 per cent Handy­man: 17 per cent Car­pen­ter: 13 per cent Gar­dener: 11 per cent Tiler: 10 per cent Lock­smith: 7 per cent Glazier: 6 per cent Re­frig­er­a­tion re­pairer: 5 per cent


Shocker: Some things should be left to ex­perts.

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