Most of us believe that the cost of a property is solely dependent on the location. For the most part, that is true, but there are numerous other things, that when ignored can drag the value of your property down by a substantial amount.
These factors normally contribute to the “face value” of your home. While you cannot do much about the location of your property, small and big tweaks to increase the face value can be used to ensure you get the highest possible amount when you sell your property.
When it comes to face value, the most minute details matter. Here are 5 tricks to improve the face value of your property:
The importance of decluttering goes beyond the face value of your home. There are numerous examples how decluttering reduces negativity from your life and helps you lead a better, happier, and more productive life.
Begin your decluttering project inside the home. Get rid of anything you do not need. There are a number of items you can even sell, to cover the costs of future repairs and renovations. Once the inside of your home is completely clutter-free, it is time to move outside. Get rid of anything that you might not find use for, and is taking up unnecessary space. It can be your old lawn mower, your old father’s car that nobody uses, basically anything that can potentially fall under the category of clutter.
Pro tip: If you have a wrecked or old vehicle that you do not use, or that has been damaged beyond repair, it is a great idea to sell such a vehicle to a scrap car company. These companies provide on the spot cash for old cars. Simply get a free online quote, seal the deal, and they will show up at your doorstep to pick up the car and will pay you in cash at the same time.
Repair Minor Damages
Before you can begin to make cosmetic changes to your property, it is essential to get rid of any kind of damages that your property might have sustained over the years. These damages include broken or missing tiles, rotting timber, bowing walls, unstable chimney stack, cracks on walls, insect infestation, leaking roof or a rising damp.
These repairs are usually the most expensive part of a renovation project. These are also the most important part of renovation before you sell your property. If damages are not fixed, the property evaluator will not be able to give you a quote that you find comfortable.
If you are unsure as to which repair jobs come under the category of structural repairs, consult a surveyor or a builder.
Cosmetic repairs: beautifying your property
Once you are done decluttering your property and repairing essential structural damages, it is finally time for some cosmetic repairs. These are the changes that will be most visible to the buyer. Thus, it is important to make sure they are perfect in every sense- be it the execution or the material used.
Cosmetic repairs include bathroom renovations, kitchen renovations, repainting of interiors and exteriors, and a complete cleanup of the garden areas. A lot of these projects require a substantial investment, so if you cannot afford to do all of them at once, tackle them one by one.
Getting the best value for your property is in your hands. Apart from finding the right buyer, it is essential to provide the buyer with exactly what they are looking for. However, a lot of projects have high costs. Such as a full interior paint job, it is a time consuming and expensive effort. In such cases, it is advisable to identify the most visible areas of the house and get them redone in the beginning. For example, in case of a paint job, get the kitchen, living rooms and halls painted first.
The most important thing to remember is to check the value a project will add to your home, if a project requires too much investment, and adds little value, it is best left alone.
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