How To Increase The Value Of Your Property Before Selling
Cameron Fisher | 16th June, 2016
If you wish to achieve the highest possible price for your property, you need to ensure your property is desirable to as many potential buyers as possible.
This could be as easy as a few artificial upgrades to the property. The key here is to consult an experienced real estate agent on what they believe needs to be done to attract the largest amount of ready buyers to your property, without over capitalising on the upgrades.
Here are a few tips on how to make your property stand out from the crowd:
1. Curb Appeal
First impressions count and the external look of your property will greatly influence if buyers want to firstly inspect your property. Also it will set the tone for the potential buyers inspection of the property.
Things that can improve your properties curb appeal;
Freshly painted
In a colour palette that stands out for all the right reasons and appeals to a wide range of buyers.
External walls and roof repairs
Small improvements like replacing broken tiles, weather boards or patching gaps in brick work is an easy and cost effective way to make your property look “fresh” and well maintained.
Upgrade doors/windows
New door and window packages are a great way to really make your home look new and cared for. As well as looking stylish this can also help in the properties energy efficiency, which many buyers are conscious of.
Landscaping
Many buyers see the state of the garden as an indicator of how well a property has been cared for. Weeds, dead plants, messy layout can be a quick turn off for many buyers.
Related: Top 10 Turn-on’s and Turn-off’s by Aussie Home Buyers
Other elements of the front garden like lighting can genuinely impress potential buyers, especially for buyers who only have time to do a ‘drive by’ after work.
2. Kitchens and bathrooms sell houses
The kitchen is the hub of the home for most people so a functional kitchen will rate highly amongst potential buyers. It’s important not to go overboard, keep in mind who you are marketing the property to. The kitchen needs to look modern (within reason) and clean but not scare off buyers who will think the property is out of their price range.
Bathroom renovations like kitchen upgrades can add up quickly and as discussed earlier you don’t want to over capitalise on upgrades and renovations.
Bathrooms should be in working order and clean. Replace/fix any cracked/chipped basins, tiles or bathtubs. Clean or paint the walls and grout as well as update old light fixtures, even replace tap ware if appropriate.
3. What’s on the inside counts
Paint internal walls
Trends come in and out with pain colour and wall paper, so a relatively easy way to modernise your property is with a new lick of paint, in current colour pallet trends, again staying more conservative to appeal to a wide range of buyers.
New light fittings
Help to instantly update the look and feel of a home, as well as helping energy efficiency.
Spring clean
You can do yourself or get the professionals in. Clean grout in wet areas, walls, doors, cornices, window frames and fire places. Buyers won’t necessarily notice how lovely and clean the property is however they will definitely notice if it is not clean.
4. Staging
This can be expensive however, in most cases helps vendors reach the top sale price for their property. Staging with modern furniture and decorations can transform a space and make it look larger and welcoming. It also helps buyer see the potential of the property.
For more assistance on selling your property please contact our experienced real estate agents at Changing Places on 1300 130 998 or click here.
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