Improving the VALUE of Your Property: Externally

Last week we wrote about valuations and what they involve; whilst factors like location and state of the market are out of your control – making changes to the home to improve value and appeal ARE in your control.

Firstly, do not underestimate the power of first impressions when it comes to property. Whether you are looking to sell or just improve your property’s overall appeal and value; what you can see from the street or the front of the house can be where the real money is. A recent survey by reports that sellers risk a substantial drop in dollar value if the property does not have enough street appeal, with a third of buyers surveyed saying they would offer 15-20% less if the external area was unappealing…this is a significant amount of money on the cost of a house.

The types of external things putting buyers off or driving them to submit a low offer include untidy/overgrown yard, shabby fences, peeling paint, guttering/roofing in poor condition, ugly carport/garage, daggy old letterbox, and driveways in need of attention, for example.

Clearly, some of these issues are more costly to address than others, but the good news is you can generally enhance street appeal with a combination of a few hundred dollars and a bit of a family working bee! Little things can make a BIG difference.

Cleaning and sprucing up the garden does not need to cost a fortune and can actually be quite rewarding and relaxing. There are even apps available to help you plan your garden, select the right plants, and give advice on making improvements.

Next week, we’ll look at what you can do internally!

Get In Contact Today

Read Our Latest Insights

Buyers Due Diligence

When you’ve made the decision to purchase a property, there’s a variety of factors that will influence your ultimate choice, including importantly price and location;

Read More

EOFY – What Lies Ahead

What does the onset of a new financial year mean for you? From July 1 new legislation came into effect that will impact on the

Read More

The DO’s of Downsizing!

Are you an empty nester? Have the children left home, and most likely not coming back permanently – if so, well done, now it’s your

Read More

See Our Current Property Listings

Request an Honest Appraisal

Whether you’re looking to sell, rent or buy, Wright Place Real Estate are here to help! Put in an enquiry today and one of our friendly agents will contact you shortly!