Renovating an apartment: Cost benefit


These two apartments sold recently.



The first one has had some light renovation since it was built 20 years ago (new floors at least). The second has been extensively renovated with new bathoom, kitchen floors, wardrobe, electrics, etc.

My question is how much would it cost to renovate an apartment to that standard. And, in general, is it worth it in terms of sales value bump, or achievab;le rent?


One might feel less guilty with the price charged if you’ve put in a bit of effort.