Are you thinking of selling your home? Before you even think about the process of putting it on the market, you must first do what you can to improve its value. It's no secret that the real estate market is incredibly competitive. There may be other homes in the area that are more attractive to buyers than yours.
To ensure that you make a lasting impression, consider tweaking your home and maximising its value. That might mean renovating your garage, modifying your kitchen, or planting more greenery. If you want to put your house atop the property ladder, follow these tips:
Give it a fresh coat of paint
It may seem like a no-brainer, but some sellers tend to overlook this step when selling their home. Old and cracked paint can make your house look dull and unattractive, making them less appealing to prospective buyers. More often than not, a fresh coat of paint can revitalise its look.
If you can't find it in your budget to make drastic changes in your home prior to selling, this is one of the most cost-effective ways of adding value. You can even take it up a notch by adding a trendy paint colour or texture to make it look more chic and modern. Just be sure to study the current trends and find out the aesthetics that potential buyers tend to gravitate towards.
Add a loft bedroom
Adding an extra bedroom can increase the value of your home by up to 15 per cent, especially if it's a loft type with an en suite bathroom to boot. It's worth noting that loft conversion involves a lot of work. It may entail a roof light conversion that requires structural work or an expensive mansard conversion that needs a roof replacement.
Convert your house into flats
These days, flats are in high demand and easier to rent out. You may consider splitting your property into separate units so that you can reap the benefits of rental income in the short term and profit on sale in the long run. Before diving into reconstruction, though, it's important to assess whether or not flats are indeed in demand in your area. If you find that no one's touching homes and everyone's looking into flats, then it might just be worth the investment.
Turn your garage into a living space
If outside parking is available and your garage is more for storage rather than housing a car, you may consider transforming it into a living space. The only crucial part is checking whether you need planning permission to do so and if your garage is suitable for conversion. You don't want to run into trouble with your local planning authority, so make sure to consult them before deciding anything.
Renovate your kitchen
The kitchen is perhaps the most used area in a home, making it one of—if not the most—essential parts. Any improvement you make is bound to help you increase the value of the house. In addition to obvious additions like new appliances and better lighting, shifting into an open floor plan is also recommended. It can dramatically change the entire vibe of the house and make it much a more enjoyable place to hang out in.
When you’re thinking about selling your home, the above changes are some of the things you can do to increase the property’s value. They can also make your home more appealing to the buyers, increasing its chances of getting sold as soon as possible.
If you’re looking for registered property valuers in Sydney to help you value your home, get in touch with us today! We’re happy to help.