The great thing about property is that it almost always appreciates in value. Meaning when you buy a home in most cases it will be worth considerably more if you sell it later down the line, making it a great investment. However, it’s still important that you do what you can to make sure you’re achieving the full asking price, or getting the top rental figures if you plan on renting it out. Here are a few things to bear in mind.
Get It Valued
First things first, it’s worth getting a sale or lettings valuation done so you know what your property is worth. The size of the home, bedrooms, any improvements and the area will all come into play- an estate agent will be able to let you know what yours is likely to fetch based on these things. They will also be able to point out anything that could improve the value, or where to avoid spending money- as things like ceiling prices mean that some places will only ever achieve a maximum amount. It gives you a good indication of the current value and what you can do to improve this if you need to.
Improve The Kerb Appeal
You might have a fantastic home that looks great inside, but if it looks unpleasant on the outside then this can put people off- to the point that they don’t want to come and view it. Spend a little time making it as appealing as possible. Fix any cracks or chips in rendering or brickwork, and either paint the outside or use a pressure washer to get rid of stains which can really bring down the overall look. Tidy up the garden, paint fences and garage doors and give the windows a clean. Finish the look by adding colourful flowers to pots and hanging baskets to make it look welcoming and inviting. It won’t cost much (and you can take them with you when you move) but it can really help to bring interest to your home.
There’s one thing that buyers will always be prepared to pay more for, and that’s a property that’s ‘move in ready.’ You can achieve this by redecorating throughout in a very simple, neutral colour scheme. Remove any wallpaper and patterned carpets, and go with neutral floors and white, magnolia or very light grey on the walls. Not only does this prevent the home from looking cluttered and distracting but people love a blank canvas. It helps them to picture their own lives in the home. A basic redecoration job won’t cost you too much money, but it could quite easily add on a couple of thousand to the value.
Get It Professionally Photographed
When people are searching for a place to live, they will be basing their choices of photos of your property. If the photos look dim or dingy it won’t present your property in the best light, and could put people off wanting to even go and view it. Paying a little extra for a professional home photographer to take pictures will not only improve the kind of interest that you get, but it could also allow you to bump up the asking price.
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