Enlisting your home in a competitive market is something every homeowner feels apprehensive about. There are many reasons for this, but when you have set your mind to sell your old home and buy a new one, you need to maximize your home’s appeal and value to get the most out of it in this hot property market world. The housing market itself has a lot to offer to its buyers, and that’s perfectly normal, as every potential buyer seeks a dream home that would tick all the boxes off their dream house’s wish list. So, the big question is – how to make your home stand out in a competitive market and upscale its value? Luckily, if you are reading this, you are in the right spot because you’re about to find out how to do just that! Read on.
Boost the curb appeal
First and foremost, to properly upscale the looks and value of your home, you need to make it appealing, literally. First impressions always matter, especially when you are trying to sell your home, hence, it’s your number one job to adequately spruce your property’s exterior to allure prospective buyers from the moment they exit the car in front of your home. Some of the easiest and most lucrative ways to advance your house’s curb appeal are to trim the lawn, cut the hedge, plant versatile lush flowers, repair or change the front door, and add nice LED lights to light up the pathway.
Understand the market
Whether you live in bustling Sydney or the charming Gold Coast, you need to understand the prices and the property’s demand. There’s a high chance that there would be many properties on the market that are in high demand depending on their location, housing inventory, and similar, so to know how to set the price right and get the most out of the sale. Given the area and the demand, if you want to sell your property for the right price, avoid bid wars, and reach a deal quickly you might want to have expert NCLP real estate agents by your side. With professionals in the real estate world at your disposal 24/7, you will sell your home with an agent who will fulfill your and the buyer’s dreams for a satisfactory outcome.
Make vital repairs and updates
Unless your home looks fresh out of the catalog, the chances are that you would need to perform certain repairs and updates before you enlist it onto the competitive Australian market. First, make sure to address any obvious issues and tackle any outdated features that might raise red flags with the buyers. To enhance your property’s appeal and value, repaint the entire house in white or some off-beat earthy hue, change the worn-out carpets, replace the dated utilities and appliances, and install quality lighting features. These small but visible alterations would help increase your home’s saleability.
Stage to impress
Home staging is a great way to attract serious home buyers. A meticulous ambient outlook alongside a flawless presentation from the real estate agent is what will undoubtedly help you seal the deal. To create a lasting impression on soon-to-be new home buyers, you need to stage your home immaculately by firstly decluttering and depersonalizing the home. This is a crucial and winning step because no one wants to see cluttered and untidy premises. Get rid of any personal items such as family photos and memorabilia, then clear out the clutter, and stage the home as a celebrity would want to live there. Arrange the furniture strategically, open curtains and draperies to invite natural light in, add floor lamps, bring in fresh flowers, and evoke a homey atmosphere by baking lovely cookies.
Market your home wisely
Come up with a wise and effective marketing plan to attract interested buyers. As navigating through the competitive world of real estate is faulting and edge, you need to think outside the box. Utilize the power of social media. Hire a professional photographer to take high-quality photos so you can showcase your home’s most ravishing features. Promote your home on all social media platforms, and contact local marketing agencies to feature your home on other media such as TV and radio to attract a wider audience.
There’s a special rule of thumb to advancing your home’s value in a competitive market, but these pieces of advice would certainly help you. Customize a good marketing plan with a local real estate agent and you will surely make your home stand out in the competitive market.
