4 ways to increase the value of your property before sale

1. First impressions count

Often property owners get caught up with how the internal spaces of their property look that they forget a very important aspect, the very first thing that the potential buyers see – the front of your property. They say that you only get one chance to make a good first impression, so make the first impression of your home a good one. Ensure your font lawns and gardens are neat and tidy, free of weeds and well-manicured. Plant fresh flowers to add colour, pressure wash the driveway and paths and clean window sills. If your property is looking a bit tired and weathered, consider a fresh coat of exterior paint or render. You want to make your property to feel as welcoming as possible.


Ensure the front of your home is welcoming

2. Small updates can add big value

A great way to add value to your property at little cost is by doing small inexpensive updates. Often little details can make a big difference. Replace all of your door/cupboard handles with new, fresh ones. Update your light fittings and lamp shades. In the bathrooms and kitchen update your tap fixtures and shower heads. Purchase some new pillows and/or throws for the lounge and quilt covers and pillows for the bedrooms to freshen them up also. If you have a good garage space, consider putting the contents into storage for the duration of the campaign, leaving only neatly organised tools/storage racks and ensure your car is not in there for the open homes.

A professional clean inside and out will be worth the extra dollars too if you aren’t up for it yourself. Ensure all windows are clean, all surfaces are free from dust and bathrooms are spotless. Remove all personal items from the entire property including bathroom products, family pictures and air looms. You want the buyer to imagine themselves in your property, and that will be hard when your old toothbrush is sitting next to the sink and your family is on show in the hallways.

3. Renovations

For some properties you might find that some renovating is necessary in order to maximise the sale price. Before undertaking a renovation for sale, it is important to consider which spaces/rooms really need the update, which rooms can stay as they are and which will get you the most value within your budget when selling. There is no point for example in spending $10,000 on a new laundry if it will only increase the value of the property by $5,000. It is a good idea to consult your local real estate agent to get an idea of which renovations will give you the most bang for your buck.

A good place to start is with a fresh lick of paint. Stick to light, neutral tones and avoid making bold statements with colours, feature walls and wallpaper. If your carpets/floors are looking tired and old, consider steam cleaning, staining or replacing them. If you have a larger budget for renovations, focus on the spaces that are used more often. The kitchen is often considered the heart of the home, so spending some of your budget to update the kitchen space is a great idea even if it is just updating the cupboard doors and draws and some of the in-built appliances. Bathrooms can be easily updated with an inexpensive vanity, some new tiles and fixtures.

Avoid big renovations like layout changes or adding rooms unless you are certain it will result in more value than what you spend.

4. Styling for open homes

In some instances, if the property is an investment property or if you have already moved out, the property may be vacant and empty. In which case, it is a great idea to enlist the help of a property stylist to fit out your property with beautiful rental furniture and accessories. A property that is professionally styled will always appeal more to buyers than an empty shell. It is also a great idea to light scented candles and have fresh flowers on display at all open homes to help stimulate all the senses and create a homely feel. Be sure to utilise unique aspects of your property too. For example, if you have an open fireplace and the weather is cold, light it. If it’s a hot summers day, turn on the air conditioning so that the property is a cool retreat when the buyers enter. You want to present the best version of your property at all times.


Property styling will bring the best out of your home

For more advice on maximising the sale price for your home, contact Mint360property today.

13th April 2016



Craig Sewell