When preparing your Property for Sale, it's wise to make necessary repairs but avoid extensive renovations solely for profit, said Nyarie from Guest & Tanner. Remember, buyers may not pay more for additional features. Most buyers want a well-maintained home with essential features.
Read: Home Decoration Tips on our Guest & Tanner Blog page
Effective Property Improvements
General Repairs: Address all repairs and fix broken fittings so buyers don't overlook the property or request a price reduction.
Fresh Paint: Apply neutral paint colors for a clean, appealing look. Avoid bright colors, as they may not suit everyone’s taste.
Complete Building Works: Finish any unfinished projects and have them approved by the local council if necessary.
Security Features: Include burglar bars, security gates, an alarm system, and consider linking to a local armed response service for added value.
Solar Panels: Solar panels are in demand, but ensure you don't overspend just for a higher sale price. Consult with your local agent.
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Improvements That May Not Pay Off
Kitchen and Bathroom Renovations:
While these can be appealing, keep costs in check and maintain a neutral design. Make sure your price aligns with the area's standards.
Elaborate Finishes:
Avoid extravagant features like luxurious wardrobes, flooring, or exotic gardens, as they may not add value.
Extra Rooms:
Be cautious with additions like a fourth bedroom, extra lounge, or gym if they exceed the area's typical offerings.