A common question asked of real estate agents is, ‘Which rooms sell the house?’ In other words, is it worth spending money on one room over another to appeal to more buyers and hopefully achieve a higher sale price?
Kitchens and living rooms are always high on the list but outdoor living, master suites and bathrooms are also up there.
So how do you know where you should spend your time and resources when preparing your home to sell?
Consider your home’s market appeal
Who are your target buyers?
Are they a young family, a professional couple, empty nesters or investors?
Once you have determined the target market consider their needs/wants in a home and tailor your efforts to suit them.
For example, if your target market is young families, focus on the kitchen/living zone and the alfresco space. If it’s professional couples or empty nesters, consider how to make your home as low maintenance as possible, inside and out.
If you are unsure whether or not to make any changes to your home before you sell, adhere to the 3 simple rules below:
1. Don’t over-spend. Only spend time and money on the things that will make a difference to the resale value (as professional agents, we will advise you on this).
2. Less is more. Potential buyers want to be able to imagine themselves living in the home – don’t impose your personal style on them. Less is more when selling.
3. Ensure the home is structurally sound – great interior design won’t sell your home if it is falling apart. Attend to those broken gutters, window frame gaps and cracked tiles etc.
Speak to us about further ideas and solutions that will help you maximise your home’s sale potential and price.