SPEND YOUR MONEY WISELY

It is possible to overcapitalise your property, in other words, improve it to a point where it becomes one of the most expensive properties and significantly above the average sale prices in your area. It is important to take note of your suburb and surrounding area and keep your house similar to ensure you do not expand or renovate your house out of the market. This does not mean that you should neglect on the upkeep and maintenance of your house.

It is not a good idea to take on major renovations when you are ready to sell your house because you may not recoup your investment. When trying to increase the value of your house you must be realistic; fitting a new kitchen will not necessarily increase the asking price, especially if the roof is caving in. Make sure the overall condition of your house is good and inspect things like the electrics, plumbing and gutters.
Ensure that the condition of your house can’t be used against you (i.e. remove an excuse for a buyer to negotiate down on your asking price). Generally speaking, space will add the most value to your home. Turning the loft into an extra bedroom might be costly but will add value to your house.

We have 7 tips which will help increase the value of your property and we have outlined them below. More detail on each will follow over the next couple weeks, so be sure to keep tuned in:

  1. Create Efficiency
  2. Maintain and Upgrade Flooring
  3. Update the Kitchen
  4. Bathrooms as Good as New
  5. Extra Rooms and Conversions
  6. Fresh Coat of Neutrality
  7. Create a Secure Lifestyle

Personal House Consultation

If you don’t have the time or inclination to do it yourself, Valuetec can help. From as little as R1 600, you can get a ‘Personal House Consultation,’ which includes a market valuation report to ensure the correct asking price if you are selling your house and helpful hints to present your home better and make it more saleable. Contact us today on: 012 333 4179, or drop us an email at: info@valuetec.co.za