It doesn’t matter whether you’re at the top of the property ladder or on the very first rung, we all want to get the most we can for our house when the time comes to sell. While there are certain things which contribute towards a property’s value but which we can’t change such as location and age, there’s a wealth of changes we can make which will affect the price.
Here, we take a look at five things which will have a negative impact on the value of your home, along with some tips on how to avoid them.
A tired garden
While one of the most important things for a buyer to see in a home is potential, this isn’t always the case. Outside space is something of a goldmine on the property market and is an area in which the seller should make a great effort. If you can, look to market your property at a time when the garden is in full bloom.
For a cheap and effective upgrade, consider installing a decking area. Particularly if you are selling in the warmer months, the creation of an outdoor space which is suitable for entertaining can be a huge selling point, potentially adding a lot to the value of your property.
Poor curb appeal
First impressions are key to the sale and value of a home. The way your house looks from the road will therefore contribute a lot to the price you can get for it. Check to see if your doors and windows are in need of a lick of paint and consider using plants to increase your property’s curb appeal to buyers.
It’s also worth considering the privacy when viewing your home from the road. Buyers are often looking for privacy and going the extra mile to conceal living spaces from the road will help to win their favour.
Old or broken appliances
It is common practice for the seller to include household appliances in the sale of a house – things like cookers, dishwashers and washing machines. While a fantastic spread of cutting edge and fully functional appliances can do wonders for the price tag of your property, it’s important to be aware of the flip side.
Broken appliances are to be avoided as they will not only be a nuisance to the buyer, but will give off the impression of a home which is poorly cared for. Sellers are advised to fix appliances themselves or contact companies like Repairandprotect.co.uk to ensure that their appliances are in working order before the house goes on the market.
While your home may well be kitted out perfectly to your taste, you can never assume that these are shared by potential buyers. It can be hard to look beyond over-eccentric furnishings, but there is a lot a seller can do to make this an easier task for the buyer. Even if this only means temporarily removing certain items when you have viewers, making the effort here can really pay off when it comes to negotiating a contract.
Just as with the furnishing of your home, the decoration can easily put somebody off, the most notorious for this are the tacky cartoon wallpaper designs that adorn children’s bedroom walls. It can be worth your while to treat your house to a once over, opting for neutral colours which not only make the most of the light, but also encourage prospective buyers to see your home’s potential. This will also give your home a fresh and well cared for overall feel and could help achieve a strong price tag, only for the price of a tin or two of paint!
About the Author: Theresa (@TheresaHarris9) has recently sold her home in Leeds and moved to London with her 1 year old and partner George. After realising that other home buyers may not share the same love for tweed furnishings, she and George revamped their home and were finally able to sell and move down to the capital. She now shares some tips for others looking to sell their home.