How to prepare your property for sale
How to prepare your property for sale
Property experts say the WA property market is about to recover. After the draught of the last couple of years many vendors are now desperate to sell for a good price. The Real Estate market is buzzing in summer. Lots of buyers are screening the market after the holidays and want to close the deal before the End of the Financial Year. Home staging, a kitchen makeover, a kitchen renovation, a kitchen painting, replacing of peeling vinyl, upgrading laminate and laminex are great ways to prepare your property for sale.
That said many properties are already lined up onto the market. Read on to find our top 5 tips on how to prepare your property most cost effectively effectively for the market.
De-clutter your place
Remove any things that lies around because dust-catchers don’t attract buyers. Start a good clean out and throw out the things you don’t need anymore. The golden rule is: You haven’t used it in the past 6 months hence you won’t need it in the next 6 years either.
Memories and things you don’t want to part with need to be stored away or given a dedicated space.
It is the most cost effective way to prepare your property for sale because Sales Agents estimate that de-cluttering can add as much as $30000 to the sales price.
Paint the walls
A fresh coat of paint is like a brand new dress because it styles your house from top to toes or roof to floors to be more precisely. When you prepare your property for sale, be gentle on colours and choose whites, greys and creams. Because these will appeal to the most people. Buyers will consider if the paint will match their existing furniture – so keep it simple and classy. Painting isn’t cheap and might cost you between $1000 and $6000 depending on the size of the house and whether you hire a professional or do it yourself. However the new coat for your house might add $10000 to the deal.
Tidy up the outdoors
Summer is when everyone is enjoying the outdoors. Potential buyers will check out outdoor features. Make sure you water your lawns. Start early to make sure the front and back yard looks fresh and green and is neatly cut. Get the garden gloves on. Do some pruning if your garden is overgrown. Plant some flowers to add colour. Repair fences, clean the gutters, and put away the clutter. Kerb appeal is important and doesn’t stop at the front door. If you don’t fancy getting down on your knees then hire a gardener. Iit is as affordable as $30 / hour and can add up to $2000 to your sales price.
It’s worth spending the money for updating appliances because they are going to stay in the home. Ovens and stoves are such appliances. A potential buyer could be put off if they see all the appliances need replacing.
Cost: $1,000–3,000. Estimated added value: $10,000
A Kitchen and Bathroom Makeover
Kitchens and bathrooms are the most important rooms of your house. Because potential buyers not only subtract the cost they have to fork out to renovate outdated areas and worse than that they will be put off from buying altogether. A complete new kitchen is a very expensive addition to a home that you just want to sell. However a kitchen makeover can have the same effect for a fraction of the cost.
Usually the kitchen cabinetry is fine. Most often just the colour or design of the door and drawer fronts dated. Vinyl doors are often peeling. The solution is to re-paint your kitchen professionally. The old Tasmanian oak can shine in glossy white and make your old kitchen sparkle like a new. Add new handles and buyers will happily picture themselves entertaining in a modern and bright space. You can give your kitchen a makeover for under $3000.
For an investment of only $2000-3000 you can expect an increase in property value of around $15,000.
Stage your house and replace dated furniture
Last but not least: Stage your house and replace outdated furniture and when you replace tired furniture where possible, keep in mind that you can take it with you to your next home. Prospective buyers can’t always visualise what a room could look like. Make your room look as good as you can. Cost: $1,000–5,000 Estimated added value: $20,000–30,000 (for an outlay of $5,000)
Want to get an idea how we could transform your kitchen? Give us a ring on: +61 8 9303 2176 or request a quote here: http://www.dianellapolishing.com.au/contact/