2015-06-11

Three Key Ways to Improve Property Value Before The Auction

When it comes to selling your home, many people appreciate that certain upgrade procedures can translate into cold hard profit. You’ve got to spend money in order to make money, and the secret is setting a realistic budget and begin clever with how you spend it. The first tip is to invest in a quality roof restoration in Melbourne.

A fresh roof
A new roof will make an impact as your potential buyers are approaching your property from the street. In the advertisement, this first impression could also make them take that next step to arrange an inspection. Take special care in choosing a colour that fits with the theme of your home. Beware of bright colours, as they look artificial on such a large surface. Colour swatches can be misleading being so small, so either ask for a larger example or take a few of the same colour together. Even reusing paint from the initial job can be risky. Over time, paint fades especially on the roof where it is exposed to the elements. A fresh coat will be dramatically different and could be a bit of a shock.

Roof Restoration Melbourne

Tackle the kitchen
The kitchen, as well as the bathroom, is a major area that soon shows its age. After a few short years, the latest design fad has been and gone, and all kitchens that bear it are deemed immediately outdated. Things like tiled splashbacks and timber cabinets, or checkerboard floor tiles are generally considered retro and not in a good way. They can be so off putting because anyone who has been through a renovation knows how much time, money and inconvenience can go into changing them. Island benches and simple lighting is a highly recommended layout choice, as these features have proven themselves over time.

Keep in mind that a total kitchen revamp should be avoided unless you plan to enjoy it for yourself for some time before selling. In terms of profit alone, it may be a risky move as a complete demolition and replacement kitchen job can cost an average of $50,000. If you are looking at simply adding value for the auction, look at replacing old appliances such as ovens and dishwashers, and if the money permits then a new benchtop can go a long way.

Reconsider the master bedroom
For many homebuyers, the master bedroom can make or break the property. Unlike many other features, it needs to be moved into right away, meaning that renovating or even drastically redecorating is not really a viable option. This means that it needs ot be right as soon as your buyer sees it. Walk in wardrobes are certainly a valuable use of space, but when it comes to house prices, more often than not this space would be better converted to an en suite. The extra bathroom can add tens of thousands on and only cost a fraction of this to install. Of course, it is not always feasible and depends on the current positioning of pipes and plumbing. Furthermore, an en suite with no windows is very strange, so consider the overall home layout when making the decision. Remember to keep in mind the energy efficient considerations of the last section.  

All of these measures, in addition to careful and perhaps professional interior styling during inspections will win over the buyer for a higher price. Instead of struggling to find a buyer, let the bidders fight over your winning property. Experts suggest that these three areas are the ones to focus on, not pools and tennis courts. To get started on the first step, your new Roof Restoration Project in Melbourne.

No comments:

Post a Comment