If you're preparing to sell or just want to add some value to your property, there are some basic improvements/renovations/fixes which don't cost the earth and will make your property look more appealing to potential buyers/appraisers.
- General Clean up - This will cost you almost nothing to do and if you're selling it is important to ensure potential buyers won't be scared off by the first impression when they walk through each room. This includes, cleaning windows, remove pet oders, remove stains from visible surfaces, etc. (This can be a problem if you're trying to sell your rental property and dealing with bad tenants who won't clean up their mess.)
- Painting/repairs - Can be time consuming DIY task, but is also in-expensive way to give all your walls a fresh look. Get rid of those dated colors and fix up any cracks, dents and scratches.
- Replace dated cupboard doors - Depending on how old your kitchen is, most cupboards allow for their current doors to be removed and replaced with a modern look (Ikea style).
- Replace broken tiles - Cracked or broken tiles look un-appealing and enough of them will turn off a potential buyer
- Replace broken fixtures - This includes any taps, door handles, light fixtures which are either broken, damaged or very dated.
- Add more lighting - If your home is lacking natural light, then some LED down-lights can help to light the darker corners.
- Replace any broken major appliances - Broken dishwashers, dryers or washers are among should be replaced before the sale or listed as broken in your Sellers Declaration. Otherwise, it could hinder the sale or reduce an offer if the potential buyer finds there are appliances which need replacing.
- Fully replace Bathroom/Kitchen - These days it doesn't cost the earth to replace a kitchen or bathroom. If you're living in an older place with a very dated look it can be a wise investment to spend $8,000 - $10,000 to replace a bathroom or kitchen. While you might not always see added value on the final sale, the money you put in might be what ultimately allows the home to sell.
If you're unsure how much your home is worth or if your home is market ready, request a free Comparative Market Analysis (CMA) and find out which improvements which will add the most value to your home before selling.