How to add value to your property
Category Property Advice
Sometimes buyers have more than one option when planning to purchase a home. When two properties are similarly priced, it is "first impressions and small details" that will be the distinguishing factors. Selling your home in a competitive market is challenging. As a seller, it is vital to attracting buyers to secure that sale. These tips will help you add value to your property and put you ahead of the competition:
Evaluate and repair
Ensure that all the taps and pipes in your home are in perfect working condition and not dripping. Secure wires and cords as they may look untidy to the buyer's eye. Check that everything in your home is in working order and is appealing to potential buyers. Be critical and view your home as a buyer. In some cases, the tiniest fault may put potential buyers off purchasing a good property. Throwing on a fresh coat of paint will also make the home appear newer and not have a dull effect.
Stage your home
Clear out the clutter from each room. Sell or donate the stuff that you no longer need. Once the clutter has been removed ensure that you clean every nook and cranny of your home. Reduce the amount of furniture in the room as potential buyers are attracted to spacious set-ups. Ensure that the remaining furniture in the room match. Allow the sunlight to embrace the room by opening up blinds and curtains, as well as the windows for some fresh air. This will also make the room appear bigger. Add some finishing touches by lighting scented candles, display a fruit bowl in the kitchen, fresh flowers in the living room, as well as folded towels in the bathroom.
Do your research
These days listing websites are widely available making it much easier to view other properties in your area. Take into consideration all the variables that these properties have and compare them to yours. It is vital to know your competition as you can find new ways to add value to your property. You can also prepare for your potential buyers by attending show days to get a better feel of how your property should be. Differentiate your property from the competition by having custom designs, landscapes, or even a kids' play area in the backyard. These aspects will make your property more memorable to potential buyers and help you stand out from others.
Show off your security
If you have an alarm system and other safety precaution methods it is wise to show them off. Buyers will also be on the lookout for burglar guards/secure plantation shutters, security gates, good outdoor lighting, electric fencing, and even a CCTV system. Not only do top security measures add tremendous value to your property but it also gives buyers a peace of mind which will make them favour your property over those less secured.
Sweeten the deal
Another great tactic that will add value to your property is to include furniture and appliances along with the purchase of the property. This works superbly with sellers who are moving away to other countries. First-time buyers will see this as a great deal as the majority of the time they still need to purchase new furniture.
If you are looking for the perfect agency to help you sell your home, Knight Frank are the leaders in real estate in South Africa. Contact us for more information on how our experienced agents will assist you in selling your home.
Author: Knight Frank