It used to be a renovation rule of thumb that big ticket items like new kitchens and bathrooms could make or break a sale. But these days often sellers can achieve a whole lot more with minimal outlay, while leaving room for potential buyers to put their own personal stamp on a property.
Here are four cost effective areas to add fresh appeal to your home prior to sale.
Return on investment
The golden rule when considering renovations prior to sale is whether it’s going to be a worthwhile return on investment, and that means looking at similar properties in your market. The question you need to ask is how much will this improvement cost and how much will it add to the sale price?
If your answer indicates the effort and cost at your particular property isn’t going to reap a big reward then leave it for the new owners to undertake. This may mean foregoing big ticket items like adding a deck, pool or redesigning the kitchen.
According to experts a well-tended garden can truly sell a home. So employ your green thumb to create an appealing exterior by styling your garden to invite people in. The best gardens will create privacy from the street, while establishing a haven for residents inside the home. But be mindful of who your potential buyer may be.
If you’re in a family friendly area, consider creating flat, play friendly zones. If you’re in a suburb where retirees come to down-size, keep the yard simple and the maintenance low.
Paint and oil
A quick coat of paint on interior walls, exterior fencing and your front door invigorates a property, with the added benefit of hiding the wear and tear of its previous life. Be sure to use neutral colours that open up a space and allow buyers to imagine themselves residing in the space.
Meanwhile a slather of oil on exterior decking or woodwork brings it back to life, creating a fresh and solid feel.
It may be on your wish list to totally revamp the kitchen, but the truth is just a few little tricks can add big appeal without the major expense. Look to items like your kitchen cupboard and drawer handles and change them to add a fresh look.
Benchtops or even cupboard door colours are other items that can be readily and quickly altered. And it’s the same for other areas around your home.
A tired bathroom can be refreshed with paint, new taps and shower curtains rather than bringing in the builders for a “Block” style renovation before you sell.
Meanwhile, bedrooms and lounge areas can get a new lease on life with fresh light fittings and door handles.
Window fittings are one of the most inexpensive and effective ways to transform a room from mundane to marvellous, and the renovation can be completed in as little as a weekend.
A fresh set of curtains or blinds also offer the added benefit improving acoustics, adding a modern touch or softening a stark interior depending on what fitting you select.
About United Strata
Specialising in the Macarthur region, United Strata prides itself on our extensive local knowledge and professional yet personalised service to guide sellers through the sale process. We provide free market appraisals that include a comprehensive report along with our recommendations of the value of your property.
Committed to reaching your sale goal, we go above and beyond the services of other agents. If we do not sell your property or it does not reach the agreed upon price, you will not foot the bill for our listing fees.