Property valuation is something that we often overlook. The flyer in your letterbox or the generic note to the homeowner is easy to disregard when it seems like there’s no real purpose for getting a valuer to report on something you can readily just google. However, given our home is usually the single largest financial commitment we make, it seems pretty important that we know the ins and outs when it comes to the value of our property. Whether you’re considering selling or buying, or even applying for a mortgage, keeping informed of the market value of your home is essential to maintaining your foothold on the property ladder. With this in mind, we’ve set out some key tips on getting a great property valuation!
1. Tidy up!
It sounds pretty simple, but having a clean, presentable home is one easy way to put your valuer at ease. Consider undertaking easy maintenance tasks, such as:
- Mowing the lawns
- Weeding and tidying the garden
- Ensuring a neat, clear and unobstructed path of entry
- Vacuuming and cleaning the interior of the home
- Washing any dirty dishes
- Making the beds
- Cleaning bathrooms and sinks
Don’t underestimate the good impression a tidy home can make!
2. Fix any superficial defects
Although small defects won’t directly affect the value of your property, collectively they diminish the attractiveness of your home, making it less appealing for potential buyers and, accordingly, lowering its value. Consider making the following easy repairs, if necessary:
- Add a fresh coat of paint, especially if the walls are faded or peeling
- Clean any mould on walls, ceilings or tiles
- Plaster any minor cracks
- Fix squeaking or sticking doors or windows
- Repair any leaky faucets
3. Replace the carpets
The floor is one of the few places where wear and tear cannot be easily concealed and, also, one of the first things valuers assess upon entering a home. Buyers as well are keen observers when it comes to flooring, and old, musty carpets, fraying and ragged, definitely won’t do your home any favours. Be prepared to replace worn carpets or, at the least, call in a professional to spruce them up with a thorough clean.
4. Change the light switches and fittings
The little details count, and the inexpensive replacement of yellow and discoloured light switches is a simple way to refresh your home. The addition of textured, glassy or pendant fittings can also update your interior and add a contemporary touch to older homes.
5. Add storage
Buyers and renters alike list storage as one of their must-haves when it comes to finding the right home. Consider adding functional space, be it in the form of a garage, backyard shed or built-in wardrobe. Small additions and renovations can make a huge difference when it comes to a property valuation.
6. Security and surveillance
A home should be a space of safety and comfort, and what better way to guarantee your peace of mind than to upgrade your security system? While it can be a bit pricey, surveillance cameras and alarm systems are worthwhile investments, which can add significantly to the value of your home for years to come.
Need help getting started? iBuyNew will point you in the right direction! Whether you are looking for apartments, townhouses or house and land packages, working closely with an iBuyNew property consultant, who understands the market, will help you find something suitable that’s tailored to your needs and requirements. Get in touch with them on 1300 123 463.
1800 184 284
