10 charts that show how the property market changed this year
Property prices have kept rising across the country this year, though the rate of growth has now slowed from the faster pace seen earlier in the year. Click here to read more.
Think like a buyer!
It’s a buyer’s market out there at the moment, so showing your home in the best possible light has never been more important.
You’d be amazed how often vendors neglect to take care of some basic housekeeping tasks that ensure a home is at its optimum as potential purchasers arrive to inspect it.
Here are some seller’s tips to ensure your home is presented in a way that gives you the best chance of luring more buyers, and encouraging them to
When it comes to showing your home to prospective buyers, less is most definitely more.
Decluttering the property and removing anything that isn’t absolutely necessary allows the property to speak for itself, and gives buyers the chance to picture themselves and their future life inside it.
Mooney Real Estate principal Peggy Wilcox says clearing out personal effects and unnecessary clutter is the easiest and cheapest way to give your home a major shot in the arm.
“You want to depersonalise the property, so take down any photos that might be on the walls that might be too personal, because buyers like to be able to visualise themselves in the property,” Wilcox says.
“It’s probably one of those (unwritten) rules: when you think you’re finished decluttering, just take a little bit more away and then you’re finished.”
Notes and magnets on the fridge, ornaments on your TV cabinet or mantle and other items that are being stored in plain sight and serve no useful purpose in the display of the property should all be removed. It all adds to the sense of space.
Expert tips: How to think like a buyer when selling
Once you’ve decluttered, Wilcox says it’s often worth replacing old or tired accessories with new ones, to brighten the décor and give an older property a little more zing as buyers first enter a room.
And they don’t have to cost you the earth.
“For the sake of going and getting an $8 pillow from Kmart, it just makes that bedroom or living space feel so much fresher,” Wilcox says.
In the same way, a dirty oven or stained benchtop will stick out like a sore thumb, and in a buyer’s market it could be enough to turn someone away. Take the time to scrub everything spotless, or have it done professionally if need be.
First impressions last, and some buyers won’t even walk in the front door if they drive past and don’t like what they see at the front of the property.
A fresh coat of paint for your fence, as well as mending any broken pickets or bricks, trimming trees and bushes, mowing the lawn and throwing some fresh tanbark or stones on any barren areas are all easy ways to ensure your home catches the eye and draws people inside.
Common mistakes: What not to do when selling
In terms of bang for your buck, a fresh coat of paint is just about the best ‘renovation’ you can do
Choose light, neutral colours, and a quick coat will give the entire property a lift, making it brighter, more spacious and almost certainly adding value.
CLICK HERE for more information.
Property prices have kept rising across the country this year, though the rate of growth has now slowed from the faster pace seen earlier in the year. Click here to read more.
Sadly, when you’re living under the same roof as someone else it’s not always that easy, and share houses are the source of endless tales of nightmare housemates who leave a trail of filth wherever they go, or worse, refuse to pay their rent. Click here to read more.