As the market tightens and buyers becomes more cautious, now is the perfect time to examine how to secure the highest possible return on your investment.
Apply a fresh coat of paint
The restorative effect of paint works to brighten a property offering buyers a blank canvas on which to put their own stamp. Whites and neutral tones always appeal while also creating an illusion of space. A fresh coat of paint easily leads the pack in terms of low cost - big impact!
Make simple bathroom and kitchen updates
Prospective buyers look to bathrooms and kitchens to determine how new, or newly-renovated, a property may be. An outdated bathroom or kitchen can leave buyers adding up post-purchase renovation costs. Give your property a boost without breaking the bank. Remove and replace broken tiles, fixtures or flooring. Replace leaky taps and update simple elements such as the shower screen, toilet seat or towel racks. In the kitchen, consider updating the bench tops and splash back, or appliances (including the stove top) if budget allows. Again, stick to neutral tones.
Tidy up the exteriors
First impressions matter. High return improvements include landscaping, painting, updating pathways and new exterior light fixtures. Decluttering outside is as important as decluttering inside. A high-pressure clean on a tiled roof or exterior walls will also give your home a real lift. When you’ve finished, ask a friend, or your local Woodards real estate agent, to critique for any final pre-sale touches.