Video: Is renovation worthwhile before selling?

If a property is to be sold profitably, many owners ask themselves: How can I increase the value of my property? There are various possibilities, including renovating the house or apartment. But is renovation always worthwhile before selling?

Whether and when value-enhancing renovations are worthwhile depends on various factors. These include the investment costs and the available budget. The specific measures themselves also influence the increase in value. Not all projects are sensible or have an impact on the property's value. Furthermore, not every measure is always feasible.

But what exactly constitutes a value-enhancing renovation? When can a property actually be sold for a higher price? To answer these questions comprehensively, you need a construction and real estate expert. Unfortunately, there are no standard answers for every situation, as every property is unique. However, to give you a first impression and some basic answers, we've created a short video for you.

Learn in our video when a renovation can be worthwhile and which experts owners can contact.

About the author

Harry Mohr

Real estate agent (Chamber of Industry and Commerce)

Harry Mohr, author of this article

Harry Mohr

Real estate agent (Chamber of Industry and Commerce)

Harry Mohr holds a degree in real estate economics (EIA) and is the owner of Immobilien Kontor Saarlouis. As a DEKRA-certified real estate appraiser, he supports his colleagues and clients in all areas of real estate marketing.