How to Maximize The Sale Value of Your Home

How to Maximize The Sale Value of Your Home
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    Selling your home is a big undertaking, but rest assured – that final auction result isn’t entirely out of your hands.

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By planning ahead, you can help maximise your home’s sale value.

Don’t let lack of kerb appeal curb appeal!

First impressions matter when it comes to selling your home, so give buyers a reason to venture through your front door.

For most buyers – and this includes those browsing online listings – that first impression is your front yard, so ensure it’s in good nick.

A mown lawn and nature strip with trimmed edges go a long way, as does a well-maintained fence, and a freshly weeded and mulched garden. Check the exterior of your home for ageing weatherboards or damaged render or mortar, and replace these as necessary.

Try the Hollywood nip and tuck – go cosmetic

Large-scale renovations certainly add value to a home, but they run the risk of overcapitalising. Cosmetic improvements, on the other hand, can provide surprising return on investment.

Among the best bang for buck is fresh paint, which has been found to boost bottom lines to an impressive degree – although it pays to be careful about your chosen paint colour. Avoid bright colours or trends, and opt for neutral tones, which help create a sense of space.

Other auction-boosters include new carpets or floor coverings, fresh curtains, updated doorknobs and cabinet handles, modern light fixtures and, if your budget allows, new finishes for benches or cupboards in the kitchen or bathrooms.

Go the extra mile and hire furniture and decorative items such as paintings or mirrors. Despite their overall savviness, buyers are often swayed by appealing décor and furniture.

Declutter – less is more!

When it comes to selling your home, less not only is more, but less can actually net you more.

Cluttered and disorganised storage spaces can create a negative impact in two ways. First, buyers may get the impression that the home is too small for comfortable living. Second, they find it harder to imagine themselves living in a space when looking at someone else’s personal possessions.

Declutter benches, bookshelves, display cabinets, cupboards and even wardrobes. Buyers love to peek inside closed doors, so be thorough.

If you need to store extra furniture or knickknacks, call in a team of professional movers to pack up your things and store them for you.

Only fools rush in – plan ahead!

One factor that can considerably affect your ultimate sales result is how desperate you are to sell.

Very often a vendor has already put in an offer on another property, and need to sell quickly in order to have their finance approved. This can result in a situation where a vendor accepts a low initial offer rather than holding out for a better counter-offer.

If you have time on your side, you’ll be in a better position to ensure that your property sells for a price that you’re happy with, rather than taking a potentially lower offer due to a fear of not selling in time.

Bear these tips in mind, and you’ll be on your way to maximising the sale value of your home. Good luck!

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Categories: Home Values

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