This can be difficult. You may like that patterned wallpaper, have fond memories of marking the changing heights of the children on the architrave, and smile when you look at the the corner of the carpet chewed by the dog. These are things you can live with, but a prospective buyer sees neglect and something that will cost them time and money.
It’s best to remove negatives from your house, they can be an instant turn-off, and instead create a welcoming ambience which calls out to prospective buyers that the house is fresh, clean, and ready to move into.
There are three key areas to focus on when preparing your home for sale to help you get the best price:
One of the biggest turn-offs for buyers is wear and tear such as chipped tiles, cracked windows, scuffed paintwork, stained carpets, and other obvious signs of damage. These unsightly areas instantly alert buyers there is work required, which can diminish their initial enthusiasm for your property and lower the price they are prepared to pay. Discuss with your agent which areas you should overhaul before holding open homes. You want to ensure you are increasing appeal while not overcapitalising.
Study other houses currently on the market and you will see they have been decluttered, cleaned thoroughly, and may even have been styled to look modern and pristine. Removing lots of clutter makes the prospective buyer able to see the room properly while more importantly, making the room appear larger. Cleaning the house, even hidden areas such as under the sink, makes the house look well-cared for. This gives the buyer a subliminal impression that the house has been well-maintained and there should be no hidden problems.
Styling is another instant facelift that can give your property a fresh look which appeals to buyers. You can hire a stylist to take care of this for you, or hire furniture and accessories and do it yourself.
If you’re handy and have good DIY skills, you can undertake many of the small jobs around the house yourself, bringing it to peak condition and ready for sale. If not, you can hire a local handyman to help you.
Walk through the house with a notepad and create a list of all of the areas which need improvement.
Among the areas you should examine are:
These are some of the areas to consider revamping to create a positive impression of a well looked after house. Talk to your agent about any areas needing improvement, but make sure you don’t overcapitalise.
Every seller wants to achieve the maximum sale price for their property, and a quick renovation could make the difference.
Looking at the houses for sale in your area, is there something they all have that yours doesn’t have? Are you able to add that element to your property without vastly altering the existing footprint of the house?
For example, if all the properties in the area have solar panels or an ensuite, you may consider updating your home to compete with the other houses on the market.
Work out who your ideal buyer is before you spend any money. Analyse the demographics of your area and then look at renovating to target them.
If you’re targeting families, make sure your backyard is fenced and secure. If you think your place might suit a single parent, you could spend some money on security screens or alarm systems. Retirees might appreciate an easy care lawn or a backyard shed.
Start your research by talking to your local real estate agent. In many cases, you can fix up a few things rather than doing a full-scale renovation.