Top tips for selling your home

Thursday, 23 October 2014

Even in a seller's market, getting maximum value from your home can be tough. Never fear though, with these tips you'll be able to minimise the hassle and maximise your property's potential.

Know your buyer

A little market research never hurt anyone. No matter whether you're selling to young professionals, families looking for more space or elderly retirees, identifying your market will help you focus your energy on productive repairs and renovations ahead of a sale.

Boost your kerb appeal

First impressions count, and a neglected exterior can wipe 5% from your home's sale price. Make sure viewers get the right impression by clearing gutters, de-mossing the roof and painting the front door. A survey also found that gardens are among buyers' top three most important features, so make sure you've mown, de-weeded and spruced up your green space.

Add a (cautious) lick of paint

Touching up paintwork can add as much as £3,100 to your sale price. But remember, it's more important to repaint white ceilings and pastel door frames than add a controversial fluorescent wall to your lounge.

Maximise your space

According to Economist Robert Gardner, "A 10% increase in floor space, other things equal, adds 5% to the price of a typical house". Create a spacious feel by de-cluttering, cleaning thoroughly and using clever lighting, but leave the house looking lived in to avoid raising suspicions.

Do mini makeovers

Renovating a kitchen or bathroom is expensive. Instead make small changes like upgrading taps, refreshing your kitchen cabinetry or adding a glass screen or heated towel rails to your bathroom. A sensitively spruced up kitchen can add 5% to your home value, and a good bathroom adds 3%.

Take great pictures

Although terrible real estate photos make for an entertaining Google search, they don't sell houses. Ensure your home is marketed to its full potential, or your time and energy will be wasted.

Be available

Nothing turns off buyers more than not being able to view a property, so make flexibility your middle name. Perhaps not literally though.

Make sure you're covered

Viewings can occasionally turn up structural flaws and damages in areas of your house that you don't normally see. Make sure your home insurance cover is up to scratch before you put your house on the market.

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