Real estate is simply one of the best financial investments you can make. Apart from providing you with a sense of ‘home,’ your property can generate a huge profit. If you’re looking to sell in the near future, here are five cost-effective ways to add value to your home, get a quick sale,and maximise your returns.
1. Street Appeal
What is the first thing people see when they come to view your property? It’s the exterior package of your home. Not just the building itself, but the gardens, lawn, fence, and even the letterbox. You would know yourself that when you’ve gone to inspect a property to buy or rent, the ‘drive-by’ is the first thing you do. If you don’t like what you see from the street level, you keep driving. Take a look at your home from this perspective and identify and address obvious issues. The aim here is to make it as visually appealing as possible. Get some tips from local real estate agents on what buyers are looking for and maybe even take a drive around your suburb to see what other homeowners have done to make their place look great from the outside.
Once inside your home, the fastest way to scare off prospective buyers is by presenting a cluttered property. A home doesn’t have to be messy in order to be cluttered. Oversized furniture, loads of decorations, and ‘busy’ designs on carpet and curtains can all create a sense of chaos. When people walk through that front door, they want to be greeted by clean and spacious rooms. If you’ve outgrown your home and simply have too much stuff, get yourself some packing boxes and store your excess things in a garage, shed, or self storage facility such as Fort Knox Storage. Check out their self storage page here. This will instantly transform your property and give you a blank canvas to start your pre-sale styling.
3. Fresh Paint
This is a very effective way to add value to your home quickly, easily and relatively cheaply. Fresh paint suggests a home has been well maintained and increases apotential buyer’s perception of the cleanliness of a property. For the purposes of selling, it’s probably best to play it safe and go for a neutral colour scheme.
4. Outdoor Living
This has almost become a pre-requisite for homes now. If you already have an outdoor entertainment area, make sure it’s beautifully presented. Add comfortable and colourful cushions to chairs, have some potted plants, and organise some intimate lighting to create ambience. The best time of day to photograph and show a property is at twilight, so you may even want to invest in some lamps and candles.
Tying in with outdoor living, neat and nicely presented gardens are a big ticket item when it comes to adding value to your home. While most people love being outdoors, gardens can be a lot of work to keep well maintained. By presenting your gardens well, buyers get a lovely, tranquil feeling. Long grass and overgrown garden beds scream “you’ve got heaps of work to do here” and are a major turn off for most people.
There are many ways to increase the value of your home, but don’t spend more than you’ll get by selling. If you’re about to sell, apply some of the cost-effective tips above to increase your chances of a fast sale and a great price.