If your home is on the market already, and you’re not getting serious interest from buyers, one option is to drop your asking price. However, it’s not the only option: there are some improvements that can help you sell more effectively without spending a fortune:
- New flooring in ‘wet’ rooms – by wet rooms, I mean kitchens, utility rooms, cloakrooms and bathrooms; the general rule of thumb with the flooring in these rooms is that it needs to be ‘moppable’ – in other words, a hard floor. It doesn’t need to be expensive, in fact there are some fabulous vinyls out there that will only cost a couple of hundred pounds per room. Again, the difference in how a buyer will see your home is high: a bathroom that is carpeted will look dated to a modern buyer, regardless of whether it is or not.
- Updating your soft furnishings – cushions, bedding, even curtains, can radically improve and update your home for a relatively moderate spend.
- New carpets – carpets can make a house look dated more than any other area, and they can also give a buyer a reason to make a low offer. A good quality, neutral carpet throughout the house can add several times its cost in the perception that the house has been kept up to date. Re-carpeting an average-sized house will cost around £4,000 but it will almost certainly be a very worthwhile investment.
Giving the buyer what they need is not always about price; increasing its value may just get your home sold for more!
Till the next time.
Steve
