Add property value

Best ways to add value to a property

Property experts caution investors, and even home owners, from relying solely on market growth to increase the value of the property. Real estate is a long term investment but there are lots of small things owners can do to ensure they maintain and even increase value alongside any market growth increase.

Real estate Mareeba is no different and let’s look at this list with the caveat that any improvements or upgrades need to suit the property and the market. Owners can often be tempted to put in the kitchen of their dreams but that won’t necessary attract more buyers or even improve the value of the property by the amount spent.

Kitchens and bathrooms
Always a good investment as families tend to spend a lot of their in these areas, they’re high traffic zones and need to be functional. Balance is key here, the right kitchen or bathroom upgrade that suits the property is always going to be a worthwhile investment.
A second bathroom or toilet or shower area, even if it’s in a shed or laundry can benefit a big family.

Open plan living
Everyone wants to be together these days and open plan living/dining and kitchen spaces definitely encourage that. Perhaps knocking out a non load bearing wall or cutting a bigger opening through to living spaces would be an inexpensive but effect upgrade.

Street appeal
Don’t underestimate first impressions. A fence upgrade, a garden update and/or tidyup, repairs to fences and gates don’t have to cost a lot but can often be enough to encourage a prospective buyer to look at the property.

A coat of paint
A cost of paint – even if its inside and out – can do wonders to the presentation of your property and is a very worthwhile maintenance job to do.

Maintenance
During the course of your ownership of any real estate in Mareeba ensure that you attend to any maintenance issues quickly. A property that looks well maintained – even if it is an older home that has cared for a few families over its life – will attract potential buyers if it looks like it has been cared for.

Most importantly – talk to our local agents and get their advice. Our award winning agency has been successfully selling homes and properties in this region for more than five years and we know what people are looking for.

Call today to discuss your property needs obligation free.