Perception is everything as the saying goes and that’s why homeowners undertake renovations of high use areas like kitchens and bathrooms before they list their property for sale, to impress prospective homebuyers. However there are many reasons for selling a property and not every owner wants to spends lots of money renovating when they’re not going to get to enjoy the finished product.
Staging the property with interior design professionals or a home staging business is highly recommended. Often prospective buyers fail to see the potential in a property due to the current owner’s style of furnishing or how they are using the rooms and the property both inside and out.
Clients using their bridging loans are doing so as a ‘bridge’ or fall back while they’re stuck with a home to sell and they need a sale quickly. And like any vendor they want as much equity out of the sale as they can get especially after paying interest on the mortgages – one more than they expected!
Here’s what you can do if you find yourself in the same situation particularly if you too have settled on your new home while still waiting for your listed property to sell and you have a bridging mortgage to see you through.
Staging a property is the best action to take for open home days where prospective buyers walk around your property critiquing it for their purpose. Remove the owners furnishings and clutter and replace it with modern, clean items that show off space and the attractive areas of the property.
Before the staging can happen, what most homeowners find once they’re removed their contents, their walls and floors are in need of a spruce up.
Years of use marks the walls and the colour fades and the floorings will be dull and often in need of a deep clean. So get this done before staging. If it’s not done the furnishing add will look out of place and prospective buyers will notice and may even be put off from considering your property as a home they want to purchase. Adding new paint to every wall and ceiling is the way forward. It smells new, and will add space and light. If you can not get to every room make sure you paint the bathrooms and kitchen.
Use Colors That Work
Along the same lines, don’t go with bold, daring colors just because you like them. You may enjoy an orange living room that projects a warm and cozy look, but it’s less likely to attract potential buyers. Stay with shades that are neutral and are much more appealing.
Bring In The Light
Natural light is an asset to any home’s value. Dark, dreary rooms will turn off even the most adventurous buyers or at least give them pause. It makes a home feel constricted and quite frankly, a little depressing. If your windows aren’t conducive to letting in tons of natural light, work with what you’ve got. Use bright, minimal sheers that let light filter through. If you must have drapes, make sure they open fully to give the room a bigger feel.
Make Your Bathroom Shine
Bathrooms are another big deal when it comes to home value. They get a lot of use and need to be kept up so that they work well and look great. Opt for a comfortable feel with things like heated floors, wall-mount lighting and a bath/shower area that’s bright and roomy.
You might want to try your hand at interior design. It will be less clinical than using all staging furnishings and it give your home your own personal touch which will make it more homely and appeal to a lot of buyers.
However, it’s important to know how to use interior design in a way that boosts your home’s value and doesn’t bring it down, so tread carefully with how much of your own style you want to add.
Kitchens can look great with new appliances on show. Remember to remove clutter and have clean shiny bench tops and freshly painted walls. kitchen is one of the rooms that can have a major impact on your home’s value. With that in mind, pass on the short-lived fads. They’ll be outdated too quickly. Look for appliances that have a timeless design and neutral colors that work well with anything.