FAQ: Should I improve my property before selling?

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FAQ: Should I improve my property before selling?

If you are thinking about selling your house, you might be considering how to present it to the market. Obviously the better it looks the more attention and interest it is going to get from potential buyers, and therefore you would hope it would achieve a better price, or at least sell more quickly.

But how far do you go? Can you leave it as it is, will a simple clean and clear job do or should you invest some money to ensure it sells for the best price?

Your best answer will come from your estate agent. They will be able to tell you how your property presents from an outside view and in their experience of similar sales. They can also advise you how much added-value can be obtained from certain improvements.

NOTE: My usual advice is don’t spend money on a house you are leaving. Most people don’t have the cash to spare when they are moving house, so save what you have to put into the new house, not your old one.The new owners might completely rip out your improvements for their own taste or paint over your choice of wall colour.

However, if you have money to spare and want to strategically maximise the return on your sale, speak to your agent and we can work out a smart plan to increase the value of your sale.


 

Clean & Tidy

cleaning home property before saleThe easiest thing you can do is make sure your house is clean and tidy before going on the market.

This will be important for taking photography for marketing and also for when first viewings come around.

Decluttering allows potential buyers to see the house, behind all your belongings.

Cleaning drastically improves the feel of the house when prospective buyers come in – no one feels comfortable in a grimy or dirty house – and it will improve their likelihood of making an offer and potentially paying more for the house.

This includes inside and outside. Improving the garden and particularly the front garden and exteriors of your house is important for kerb appeal. When buyers first see your house, whether online or at first viewing, it’s important to make the right first impression.

Clodgh Doyle - Placelift House Doctors
Clodgh Doyle – Placelift House Doctors

Home Improvements

We generally advise home owners not to spend major money on their home before sale. The reason why is it is unpredictable whether you will see a return on their money and whether it will be worth your while. Many people don’t have money to spare to put into their property and even if they do we suggest it is better to save that money to invest into your next home.

However, if you are aiming to add value to your home to achieve a better result, our friend Clodagh Doyle at Placelift House Doctors recommends the following as some of the best home improvements to increase the value of your property:

  1. Kitchen ExtensionExtend – Extending your home has the most potential to increase it’s value. Extend out, up or down – but attic extensions are often the most cost effective a least disruptive.
  2. Kitchen – The kitchen is the heart and hub of every home. If you can’t afford a complete new kitchen, just a refresh will work wonders. Paint cabinet doors or replace tiles.
  3. Bathroom – A fresh modern bathroom will really impress buyers. A new bathroom can be really affordable but alternatively re-tiling and re-grouting will make a world of difference.
  4. Flooring – Pay attention to your floors. If carpets are grubby, invest in a professional clean. Continuous flooring through connected areas can create the illusion of more space.
  5. Walls – Whether tiling, painting or wallpapering, use fresh warm neutral colours with a flawless finish. You are aiming for a blank canvas so buyers can see the potential.
  6. 6142871915_c354f1a38e_bLighting – Optimise your natural light as much as possible. Ensure windows are uncluttered and curtains are pulled back. Use artificial lighting under shelves and in bathrooms.
  7. Cosmetic Fixes – If anything is not working properly or visibly defective, get it fixed straight away. Buyers are looking for reasons NOT to buy or to pay less – don’t give them any!
  8. Home Staging – Home staging is becoming more popular but doesn’t need to be expensive. A few choice items in the right places will give your property a real wow factor.
  9. Kerb Appeal – First impressions are everything, whether online or in person. Address the outside walls, windows & front door. Plus a well-kept garden indicates a cared-for house.

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Find Out More:

  • Should I do anything to my property before putting it up for sale?
  • How to clean and declutter before selling your property
  • 10 easy tips to improve your home before going for sale
  • Top 10 home improvements to add value to your property[/alert]

 

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Ben Thompson

A qualified Chartered Surveyor with a decade of experience with some of the world's most prestigious property companies, Ben leads our Blackrock sales team and pioneers our marketing platform.