It’s no secret that real estate is a competitive industry. If your goal is to sell a house privately in Australia, you’re going to need to know what you can do to add more value to your property. We reckon, just like the rest of us, your time and budget are limited. This guide will help you zone in on the areas in your house that can quickly pique a buyer’s interest.
Beyond the obvious tips of applying a fresh coat of paint and getting rid of clutter, there are elements that attract the eye of people in a way that gets you closer to that sale. We put together a list of tips to teach you where to focus time, money and energy in order to get the highest returns—no real estate agents and expensive commissions required!
#1 Add a Home Office
There are an increasing number of people who work from home today. Companies are searching for ways to lower costs and technology has made the home office a staple.
By adding a home office to your home and making telecommuting easier, you’ll appeal to plenty of potential buyers. The number of people who work from home grows each year.
Transforming an unused bedroom or den into a home office would be the quickest way to go about this. If you’re not sure which room to transform, pick a space that can house ample amount of cabinets. You want people walking through your property to be able to envision the space the perfect home office to store office supplies and plenty of paperwork.
We suggest you furnish the room beforehand. You don’t just want to tell people a particular room can be used as an office. You want them to really picture it out in the flesh. Find an ergonomic desk and add-ons like filing cabinets and a computer chair.
Equip the room with grounded electrical outlets, ones that can accommodate three-pronged plugs which plenty of computers need today. Adding data ports and phone lines can help you sell a house fast.
#2 Make More Space
To appeal to plenty of people, modify dark and cramped spaces in your home. If you live in a house with small rooms that don’t receive sufficient natural light, think about knocking down walls to open up the area. The kitchen, living room and dining room are typically the rooms that can benefit the most from this strategy. Consider the option of knocking down walls to create an open floor plan by combining these three rooms into one larger area without walls.
Potential buyers love open rooms. These look inviting and airy. Families with young children, as well as people who love to entertain guests, tend to find an open space between the kitchen, living room and dining area highly appealing.
Other ways you can create the illusion of more space involves widening doorways or vaulted ceilings. Adding rooms also work, especially in older homes with small bedrooms and bathrooms. An extra bedroom or bathroom will ramp up the value in any home.
#3 Make a Great Exterior Impression
Maybe you can’t judge a book by its cover but, in the real estate industry, the exterior counts a whole lot. If your property doesn’t look good from the outside, the chances of you selling your own home diminish.
Is the exterior colour of your home faded? Apply a fresh coat of paint is the quickest and cheapest way to fix your exterior. While shutters add a lovely look, old or crooked ones will instantly make your house look dilapidated. Does your driveway or walkway need repair? Make it a top priority to change the path that since these lead people into your home. You want to create a welcoming appeal.
If you’re considering adding plants—and it’s a great idea to—select drought-tolerant ones. Low-maintenance perennials are the easiest choices.
Don’t forget that backyard! Entertaining outdoors and outdoor living is the norm today. People are increasingly looking for a way to unplug from gadgets and feel closer to nature. Bring your backyard patio or deck back to life with lovely furniture. Consider adding a fountain. You want to appeal to potential buyers by giving them a vision of themselves kicking back and relaxing in the yard.
In Part 2 of this series, we will give you more specific tips to get you to close that sale and sell a house privately in Australia like a pro (without shelling out a commission to a so-called real estate pro, of course!)
Be sure to “like” us on Facebook (Click here) so you get an update as soon as the next post is up.