When it comes to selling your home, everyone seems eager to offer plenty of tips and tricks for investments you can make to add thousands to the value of your property. It is all too easy to get carried away, though, and if you are not careful, you can end up ploughing more money in than is actually worthwhile.
Let’s take a look at what to avoid when it comes to preparing your house for sale.
Leave the kitchen to the buyers
Any estate agent will tell you that a smart and modern kitchen is a key selling point for your property. But paying out thousands of pounds on a whole new kitchen range is unlikely to pay dividends.
Chances are, your buyers will have their own idea as to what they want, so even if your kitchen is really due for a makeover, you will do as well to make the best of what you have. Treat it to a coat of paint and perhaps some new taps and fittings, then emphasise the “blank canvas” as a selling point for your buyers to ultimately remodel the kitchen to their own specification.
You and your potential buyer will be haggling down to the last £500 over the final selling price, but if you are not careful, it is easy to give thousands of pounds worth of extras away. Be very clear on what is staying and what is going when it comes to fixtures and fittings, curtains, carpets and the like.
Also, if you have an oil powered heating system, be aware of how much is in the tank. At today’s prices, you can end up giving away £1000 of heating oil, so think carefully if you need to reorder while your home is on the market. Speak to a local supplier such as Super Saver Oil to discuss minimum delivery quantities and make sure you are not left out of pocket.
Settle for a good clean up
If your carpets look worn and tired, it is easy to envisage potential buyers performing mental calculations as to how much they need to knock off their offer to buy a replacement. The next thing you know, you are at the nearest carpet shop buying a replacement.
In reality, even the saddest looking floor covering can be given a new lease of life with a deep clean. A carpet shampooer is a far better investment, and something that you can take with you to your new home and use for years to come.
The same applies to other surfaces too. A recent survey by rightmove found that a dirty bathroom was the single biggest turn-off for potential house buyers. But note that the operative word here is “dirty” – you would be amazed at the revitalising effect of some soapy water and elbow grease, and all for the price of a few pounds.
There is no doubt that some investments pay big dividends in increasing the value of your home. But if you are preparing it for sale right now, the most sure fire way of maximising your profits is to avoid giving anything away and to make what you have as presentable as possible.