Selling a property for its maximum sales price is the most obvious priority for homeowners. To achieve this, it’s important to understand what home buyers are looking for in their next property.
Today, we share our insider knowledge on the three most important factors that will add value and in turn add profit to your property, when it comes time to sell.
1.The facelift – first impressions count
Unless the home is brand new, or recently renovated, giving it a facelift prior to selling is a critical part of getting the price you want for your property. This is especially important if the property is tired or dated, or has been used as a rental.
Even if you’re on a tight budget there are a number of areas you can improve at low cost. As the saying goes “There’s nothing that a bit of elbow grease can’t accomplish” and top that with a small financial investment in pressure cleaning and paint and you’re off to a great start.
Internally, refreshing the walls is a great place to start – repairing any wear and tear and re-painting ceilings, skirting boards and walls, in neutral tones. Updating flooring can be key too, particularly in the main living spaces that get a lot of foot traffic and show signs of wear and tear, whether budget carpet or low-cost vinyl parquet planking, there are many options.
Externally you should look to relay lawns – dead patchy grass does not make a great first impression. Pressure wash doors, cladding and fencing (repaint if required). New plants can also make an amazing difference, and conveying the message that the property is well maintained.
2. The add-ons that buyers are looking for in Hills Shire homes
If you want to add more appeal to your property, then there are a few features that really stand out for buyers in the Hills District.
Kitchens with butlers pantries are extremely popular, as is any extra additional room for dishwashers, fridges and wine storage. Our previous article on renovating a kitchen has additional tips too.
Modern bathrooms are almost always a must-have and are definitely an area that will increase the asking price on a house. We have some tips on how to renovate a bathroom on a budget.
Two or more garages are also sought-after, including plenty of storage to keep it tidy. Who would’ve thought space to put things would be high on the list of priorities – but for growing families, it certainly is an important requirement.
Properties with granny flats are also very appealing to buyers, due to the growth of multi-generational living, or the added bonus of extra income. Read more about granny flats.
Home offices have a place on the list of desirables features, as they can act as a dual-purpose room, meaning buyers can feel like they are getting more rooms for their money – and of course, there is plenty of value in that!
3. A great real estate sales agent
The third vital element for increasing the sale price of your Hills District home actually comes down to finding the very best real estate agent to sell your property. It’s important to have a well thought out sales strategy, so bring in an experienced real estate agent as early as possible. Even before you embark on your home improvements, as they can advise where to concentrate your efforts.
Sales agent commission is often a contentious issue when it comes to choosing a real estate agent, but it’s important to understand that paying less commission could very well be counter-intuitive to achieving your goal – i.e. getting the sale of your house across the line, with a favourable price.
What you may “save” in fees, you could potentially miss out on from less profit, so bring on board the services of a highly-skilled agent, as soon as you are thinking about selling. They will help you implement the best possible plan of action for your property.
Gain expert support and advice
Whether you’re selling or buying a property, as a home or investment, contact us for professional help!