Selling your home can be a difficult feat even at the best of times, so when it comes to getting your house valued, you want to make sure you know exactly what you should be asking for in a sale price. You want to maximise the value of your home and by fixing up a few cheap and easy things you can significantly better your chances of getting a valuation you’re expecting.
The overall appearance of your home is a key factor. Tidy the place up, keep it all clean and make sure any jobs such as overgrown gardens or soiled carpets are dealt with pre-valuation. All of these factors can go against the value of your home in valuers ‘overall’ property marks. You don’t have to get your home to ‘Beautiful House’ magazine standards, just make the most of what you’ve got. Buyers will be the ones interested in decor and layout, not an appraiser.
Always keep a list of dated changes you’ve made to the home. This can be a key factor in a valuer noticing specifics that have been altered within the home since its last sale price. It would be handy to sketch down plans of the home to make it easier to label where and what you have done. Keeping a tab on what you’ve spent is also a notable tip.
Don’t go wasting your money on things you feel will make a difference, when in reality they actually may have no impact on what value your home is given. Focus on important factors that are known to boost a homes’ value. These include: carpeting, lighting, paintwork and plumbing. It can be easy to blow a lot of money on aesthetics so be careful what you’re forking out for.
The location, of course, is still crucial in a value. Remember that you should have knowledge of the local area yourself, and let your valuer know if any new schools, pay areas or parks have been erected. It’s also worth noting down any historic locations or features that are nearby. All of these have monetary pulling power.
Remember that valuers usually knock down prices in increments. If there are any large jobs that haven’t been carried out that are worth more than say £250, this will count against you. Get big jobs that affect the functionality of the house as a home out of the way before you invest your hard earned money into anything else, especially if this is a property investment and you are looking to sell your home on for more than you bought it for.
Most importantly, don’t try and sweeten up the valuer. It can seem like a good idea to try and be overly-friendly with them, but ultimately it won’t affect their decisions and you could actually make them miss something by engaging in friendly banter or following them round unnecessarily. Mention all the key points about rooms as you enter them, and leave your piece as that. Save any questions you may have until the end of the valuation. Make sure the house is warm and they can be made comfortable. After all, the end result is a cost on how much your house is worth as a whole and you want accuracy to be the key.
Shelly Flaherty is a blogger, mom of two and loves long walks. She likes helping people save money and stay organised.
Tags: selling your house