Navigating the Competitive Real Estate Landscape of Today
The real estate market of today can be both tricky and competitive. Adding value to your property is a decisive factor in achieving a quick sale at an attractive price. Whether it's a full-on paint job, a modern kitchen renovation, or investing in energy-efficient additions, making the right home improvements can dramatically increase your home's value. With the plethora of options available, we’ll walk you through key strategies that will help boost your property’s appeal and market value.
Maximise Functionality
- Renovate or Extend Living Areas: Expanding square footage or updating existing spaces can instantly increase home value. Consider kitchen renovations or adding an ensuite to the master bedroom. A well-executed kitchen looks fresh and can be a game-changer for prospective buyers.
- Add a Shed or Workshop: A garden shed not only offers storage but also enhances the appeal to buyers, providing additional functionality and storage solutions, adding up to 20% of value to your property. Workshop sheds are particularly good as they offer a wide variety of customisation and have plenty of uses.
6m x 3m Workshop Shed
Height:
2.10m / 2.40m
Regular price
From $1,529
Sale price
From $1,529
Regular price
$3,000
Unit price
Save $1,471
Rated 4.8 out of 5 stars
181 Reviews
7.5m x 3m Workshop Shed
Height:
2.10m / 2.40m
Regular price
From $2,374
Sale price
From $2,374
Regular price
$4,167
Unit price
Save $1,793
Rated 5.0 out of 5 stars
2 Reviews
7.5m x 3.75m Workshop Shed
Height:
2.18m / 2.48m
Regular price
From $2,659
Sale price
From $2,659
Regular price
$5,279
Unit price
Save $2,620
Rated 5.0 out of 5 stars
3 Reviews
6m x 3.75m Workshop Shed
Height:
2.18m / 2.48m
Regular price
From $2,374
Sale price
From $2,374
Regular price
$4,446
Unit price
Save $2,072
Rated 4.9 out of 5 stars
7 Reviews
6m x 2.25m Workshop Shed
Height:
2.05m / 2.35m
Regular price
From $1,643
Sale price
From $1,643
Regular price
$2,973
Unit price
Save $1,330
Rated 4.9 out of 5 stars
7 Reviews
4.5m x 3m Workshop Shed
Height:
2.10m / 2.40m
Regular price
From $1,635
Sale price
From $1,635
Regular price
$2,725
Unit price
Save $1,090
Rated 4.7 out of 5 stars
116 Reviews
- Convert Unused Spaces: Transform that attic into a bedroom or that spooky basement into a playroom or office!
- Improve Storage and Organisation: Buyers love homes that can neatly store all their belongings. Adding built-in wardrobes or a pantry can appeal to those that require more storage for their belongings.
Enhance Curb Appeal
- Freshen Up the Facade: Impressions count! Brighten up your home with a fresh coat of paint, update garage doors, and consider stone veneer accents.
- Maintain a Manicured Lawn and Garden: A well-maintained front garden can increase your home’s street appeal. Installing water features or other landscaping elements can add an aesthetic touch. An informed approach will be invaluable and reading up on lawn maintenance tips will be of great help!
- Add Inviting Outdoor Features: Think about adding a deck, shed, patio, or even a swimming pool! Properties that can hit the sweet spot between having these features and enough space for both kids and kids at heart to play around in and hang out can definitely boost your property’s value.
Upgrade Interiors
- Refresh Paint and Decor: A fresh coat of paint in neutral colours can make the home look fresh and more appealing. Add a feature wall or update window treatments for a modern touch.
- Modernise Fixtures and Fittings: Update light fixtures, light switches, and kitchen cabinets. These relatively inexpensive changes can make a home look years younger and can be a big selling point.
- Declutter and Create a Sense of Space: Clean and declutter. A spacious, organised home makes for a more appealing choice to potential buyers.
Enhance Energy Efficiency
- Install Renewable Energy Sources: Solar panels can be a big draw for energy-conscious buyers, adding value to your property.
- Upgrade Insulation and Sealing: Ensuring a home retains heat in the winter and stays cool in the summer can increase its appeal.
- Replace Outdated Appliances: Energy-efficient models not only save electricity but also appeal to modern home buyers.
Address Maintenance Issues
- Conduct Regular Inspections and Repairs: Whether it's the roof, foundation, or plumbing, ensuring everything's in top shape is crucial.
- Prioritise Essential Maintenance Tasks: Addressing these issues before selling your home can increase its value and decrease time on the market.
- Keep Records: Documentation is key. For buyers who absolutely need to know about what maintenance and renovations have been done, keeping a log can assure buyers of the home's condition and the care it's received over the years.
Install Value-Adding Features
- Create a Home Office: Especially relevant in today's remote-working world, a dedicated workspace is a welcome addition to any home.
- Install a Swimming Pool or Spa: While it's a significant investment, in the right market, this can add value and appeal to your home.
- Add Income-Generating Spaces: Think granny flats or basement rentals, especially if you have the space. DIY garden sheds are all the rage, consider adding one to the side of the house or in the yard for storage solutions your buyers would surely appreciate.
Landscaping and Hardscaping
- Low-Maintenance Garden: Busy homeowners will appreciate a garden that looks good without too much work.
- Add Attractive Decking: Whether it's wood or composite, a deck can increase the value of your property.
Targeting the Right Buyers
- Price Your Property Competitively: Using tools like a stamp duty calculator or commission calculator can assist in financial decisions.
- Stage Your Home: Making it appeal to buyers through staging can be invaluable. This could be as simple as a thorough cleaning or as involved as hiring interior designers.
- Market Effectively: A real estate agent can be essential here, especially with their selling guides and understanding of what home buyers are looking for.
Seeking Professional Advice
- Consult with a Real Estate Agent: They can provide insights into current mortgage rates, capital gains tax, and more.
- Building Inspection Report: Before selling your house, this can identify any issues that need to be addressed.
- Engage a Stylist or Home Stager: Their expertise can make your home shine in its best light, further increasing its value. Check out our collections for some of the best sheds that could go well with any backyard! With a variety of colours to choose from, we’re sure your stylist will agree!
Maximising Aesthetics, Functionality, and Value for Optimal Results
Increasing the value of your home requires a blend of aesthetics, functionality, and strategic investment. With proper planning and the right resources, whether it's a personal loan for renovations or seeking the right business resources for larger projects, homeowners can effectively elevate their property's worth.
With sheds being one of the more lucrative aspects that can boost your property value, doing some research and looking up what size sheds you can put up without a permit could save you plenty of time and money.
As with any transaction and investments, any expenses put toward your home should be carefully weighed against the potential return. We hope these pointers help you become better equipped to make informed decisions that will yield positive results!
