By Tabitha Robb
The Australian housing market is currently seeing huge growth, but you don’t need to rely solely on movement in the market to generate capital growth in your property.
You can manufacture growth, or add value to your home, by making just a few simple changes. I’ve put together our top tips to drive the price of your property up without breaking the bank – it’s a win-win!
High-pressure hose down
Borrow, rent or buy a high-pressure hose and wash down your façade. Particularly if you’re planning to paint, you’re going to need to prep the surface first. External paved or deck areas also really benefit from a pressure wash. Steam cleaning grime away from exteriors is another very effective technique, especially if you have a large concrete area that could use some TLC.
Geek up your home
Adding a security feature and other tech gadgets is a great way to add value to your home. There are some great gadgets around which can keep an eye on your home whilst you’re not there. Devices like Ring’s video doorbell 3 Plus, or a wired version such as Ring’s video doorbell wired, can be placed near your front door so you can accept packages from your couch, add security and drive the value of your front doorstep. This will be appealing to buyers looking for a secure property without wanting to install an expensive system.
Paint your exterior
A good freshen up is key to adding value to your property, so paint your front fence and façade. Preparation is key to a flawless finish, therefore ensuring your surfaces are clean, dry and sanded is the best way to achieve perfection. Not only does a coat or two of paint change the look of our home and amp up the street appeal, it also protects the underlying materials from the elements and actually increases the lifespan of the building. Taubmans Endure/Sunproof, Dulux Weathershield and British Paints 4 Seasons are all good options for exteriors.
Tidy up your front, side, and rear gardens by clearing, weeding, mowing, and planting. Not only will this drive value, but we also think gardening is rather therapeutic and there is something satisfying about going out and picking herbs for dinner. Visual appeal when it comes to real estate is everything, and when you create an instant positive reaction with your front garden it can add huge value to your home. Planting options are almost limitless but when you’re unsure, stick to planting one or two varieties and you can’t go wrong.
Visit Ring’s website for more information on the video doorbells.
-Tabitha Robb is a licensed estate agent and director at Prop Culture.