The 6 most cost effective ways to prepare your property for sale

The 6 most cost effective ways 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 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,

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 for the market.

  1. De-clutter your place 
    Remove any things that lies around – 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 – if you haven’t used it in the past 6 months you won’t need it in the 6 years to come.
    Memories and things you don’t want to part with need to be stored away or at least given a dedicated space.
    Sales Agents estimate that de-cluttering can add as much as $30000 to the sales price.
  2. Paint the walls
    A fresh coat of paint is like a brand new dress – it styles your house from top to toes or roof to floors to be more precisely. Be gentle on colours and choose whites, greys and creams – as 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.
  3. 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 and do some pruning if your garden is overgrown and 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 – hire a gardener – it is as affordable as $30 / hour and can add up to $2000 to your sales price.
  4. Update appliances
    It’s worth spending the money updating appliances that are going to stay in the home, such as stoves and ovens. 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
  5. A Kitchen and Bathroom Makeover
    Kitchens and bathrooms are the most important rooms of your house. Potential buyers don’t only subtract the cost they have to fork out to renovate outdated areas they will be simply put off from buying altogether. While a complete new kitchen is a very expensive addition to a home that you just want to put on the market a makeover can have the same effect for a fraction of the cost.

Usually the kitchen cabinetry is fine just the colour or design of the door and drawer fronts dated. 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 buyers will happily picture themselves entertaining in a modern and bright space.

For an investment of only $2000-3000 you can expect an increase in property value of around $15,000.

Last but not least: Stage your house and replace outdated furniture. Replace tired furniture where possible, keeping 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, so you have to make it 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/

 

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