The honest answer is usually a smaller job than the one being considered. Most homes sell perfectly well presented rather than renovated, and the ones that need real work are usually the ones where a buyer would otherwise have to do it themselves before moving in.
A refresh is paint, floors, fittings, handles, lights and a deep clean. It is measured in weeks, it is hard to get badly wrong, and it changes how a home photographs — which is how most buyers meet it.
A replacement is a new kitchen, a new bathroom, an extension or a structural change. It is measured in months, it is exposed to trades availability, approvals and cost overruns, and it is where a seller can end up selling into a different market from the one they decided in.
Walk through the homes currently for sale near you at your price point, in person. If every one of them has a renovated kitchen, an unrenovated one is the objection you have to price for. If none of them does, renovating yours may buy less than it costs.
Compare cost against value Estimated cost bands and value impacts for the work you are considering, so the decision is a comparison rather than a feeling. See the numbers
If the work will not be finished, cleaned and photographed before the first open, it is not helping this sale.
Fix what reads as neglect, present the home properly, and let the price reflect the rest. Buyers discount an unrenovated home; they do not usually discount it by more than the renovation would have cost, and they can see it for what it is.
Communities.com.au