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AS the cost of newly built
homes rises and their size
shrinks many first time buyers are turning back to older
suburbs in the hope of finding a larger home at a smaller price.
But if they want a really
"good deal", says Dr Piet
Botha chairman of the Nationlink, estate agency
group they need to take a
tip from more experienced
fix up buyers and look be
yond the current appearance of a home to its core
potential.
It often takes a while for
first time buyers who've been
looking at newly built homes
to adjust their focus when
they start viewing older
homes.
"So what first time buyers
should really be hunting for,
are homes that are 'sound but
sad' properties that don t need
extensive and expensive renovation but could really benefit
from being redecorated", he
says.
Things that often put buyers off but are easy to fix include dingy
walls and shabby
floors, provided they are basically sound.
Walls have a huge visual
impact and potential buyers
should try to picture them with
a fresh coat of paint and perhaps a little re pointing around
the windows and doors.
Carpets or vinyl floor coverings are easily replaced
and re sanding will give good
wooden floors a "million dollar" look.
A modern kitchen can give
a whole new look to an old
house but to save costs much
can be achieved by just replacing cupboard doors and the
work surface with bright and
durable laminate to startwith.
The garden may take a
little longer to put right, but
pruning untidy shrubs and
regular mowing of a neglected lawn will with a new
coat of paint on the house
improve the kerb appeal
enormously.
"Most of this work can be
done with very little cash outlay", says Botha, "
And if the bigger jobs are
undertaken over a period the
budget will not be badly
bruised."
"The improvements will
bring pleasure to the owners
and a handsome dividend if
the house has to be sold."
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