Saturday, March 12, 2011

Selling your home?

Getting the most for your investment

A recent job had me fixing a few things around this house in preparation for the owners to sell.

After re-installing a piece of perspex in the kitchen skylight, I turned my attention to their son's bedroom.

There were two sliding doors on a built in wardrobe which were damaged beyond repair so I suggested we remove them altogether and add some more shelves to fill in the space.

My next port of call was another bedroom, this time the problem was a mouldy ceiling.

Some sugar soap and a lot of elbow grease made it look almost brand new.

Finally I had a look at the garage. The side door was falling apart so I replaced it and gave it two coats of exterior semi gloss enamel paint.

These minor details completed within one day will doubtless add thousands of dollars to the value of the home.

I was interested to see an an article from the New York Times (Feb 2011) that made the following points.

  • Anticipate details that might prevent buyers from purchasing. For example, put double beds in the bedrooms to show they are large enough. 
  • Set up extra lighting or clean skylights to brighten rooms.
  • Brokers say small moves can alter the ultimate sales price of an apartment by 5 to 10 percent. The calculations are irrational, and buyers are usually unaware they are doing it. But chipped plaster or broken bathroom tiles can knock $500 to $5,000 off an offer, and a $10,000 paint job can add $50,000 to the price, according to an informal survey of city brokers.

So I think my client had the right idea to tidy up the obvious problems and add instant appeal. First impressions can be worth thousands of dollars.

Reliable, Affordable...
Assured Handyman
Give me a call  0402-595-332

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