With Australians spending more time at home because of self-isolation measures, experts believe now is the time to undertake property improvements to get the house in selling condition.
Those who can withstand the current economic downturn will be well placed to add value to their home and help it stand out in a post coronavirus market.
This comes as research from the Housing Industry Association reports the total value of home renovations is projected to increase from $33.2 billion in 2017 to nearly $36 billion this year.
Decluttering, painting, doing the gardens or renovating the bathroom are just some projects sellers can undertake ahead of the spring selling season, where the market is expected to return to normal.
Painting is one thing most people can do, and it is an easy way to add some value to your house. Even doing simple things like cleaning the gardens in preparation for it to look nice in spring can make the difference.
With the market to remain quiet until at least spring due to the hold on traditional open homes or on-site auctions, sellers should look to breathe new life into tired spaces.
As we are forced to stay inside the house, we should look to re-energise spaces that may have been neglected for a while and there are several improvements and renovations a seller could undertake to ensure their home stands out from the pack.
Buyers are mainly looking at kitchens, bathrooms and outdoor spaces, but even things like painting or staining concrete driveways can make a big difference. You could even add value by painting the letterbox, front door or cleaning the exterior facade.
Sellers who don’t want to spend any money on home improvements should ensure the flyscreens, light fittings and ceiling fans are dusted and cleaned.