As the property market fluctuates, it’s hard not to worry about the future value of your property. And even though you can’t influence the market, there is one thing you can control – the quality of your home.
Agents regularly tell us that homes with amazing interiors continue to sell well, regardless of what’s happening in the market. The question then becomes how do I make my home one of the desirable ones?
First impressions count
Just like when you meet a new person, your first impression is formed in the first 2- seconds of seeing a home. With a person, you can change your mind, but unfortunately, your opinion is unlikely to budge with a home.
Make sure the fence, front garden and facade of your home are as good as they can be. It’s worth spending some money on landscaping and giving your front door a lick of paint, so visitors feel welcomed on the threshold.
Consider the spaces within your home
Sometimes, a small reconfiguration of the floor plan can make a world of difference when it comes to selling your home.
You can add extra value by knocking down a wall and including an ensuite – a very popular feature amongst potential buyers. Alternatively, think about whether you should turn your living and dining areas into an open plan layout. These alterations can be the difference between a potential sale, and a definite sale.
Renovate your kitchen
Kitchens have long been the heart of the home, and you can attract more potential buyers by having a space that stands out.
The kitchen is one area of the home where you can afford to play around with styling, colours and textures. You could go the route of the popular all-white, minimalist kitchens or maybe inject some more personality in the space. Whichever way you choose to do it, it helps to have professionals on your side. At smarterBATHROOMS+ we have an amazing team of designers who can help you transform your kitchen to impress buyers. Call us to book your free in-home consultation.
Refresh your bathroom
Bathrooms, like kitchens, sell homes – so if these spaces have seen better days, think about giving them a little love before you sell.
You don’t have to go all out all at once, instead, think about tweaking parts of your bathroom over time. You can begin by retiling the wet spaces with large-format tiles – these are popular because they leave homeowners with less grout to clean and maintain. Consider installing floating fixtures, as the person who buys your home will appreciate the ease with which they can mop the bathroom without getting stuck in tricky corners.
Buy and sell in the same market
Once you’ve given your home a makeover, it’s important to consider the market you’ll be entering.
Despite what the news might tell you, selling your family home and upgrading to a new one in a slow or falling market is beneficial. If you assume the property market has fallen say 10 per cent, your $550,000 home might only fetch $500,000, yet your new home previously worth $770,000 now sells for 10 per cent less at $700,000; a $20,000 benefit*.
If you need any assistance along the way or would like professional advice on bathroom and/or kitchen renovations, contact us. We can help you renovate your interiors on time, and on budget, guaranteed.
*Statistics from reiwa.com.au