New Year always sees a new crop of apartments come onto the market as owners seek to upgrade or investors re-evaluate their property portfolios and cash out.
If you are in either of these categories, make sure you maximise the value of your apartment by showing it in its best light.
Staged apartments featuring fit-for-purpose, rented furniture to accentuate the property’s best features stand the best chance of gaining the highest price.
To help buyers, you should always ensure your agent includes a floor plan and a description of the amenities in the local neighbourhood in the marketing campaign.
If you’re considering selling your apartment to catch the late-summer selling season, we’ve got you covered. Below, we’ve listed our recommendations for preparing to help maximise your apartment’s value.
Declutter
Remove personal items and excess furniture to make the apartment feel as large as possible. This is the smartest task when space is a premium.
Deep clean
Apartments often receive more scrutiny than houses because there’s less area to cover. That means having your property professionally cleaned is imperative to leave buyers with the best impression possible. Double-down on the kitchen and bathroom.
Get it fixed
While some of the issues might be the responsibility of your strata committee or property manager, do everything you can to fix obvious problems, such as cracks in balcony brickwork and so on. Also, sort out squeaky doors, dripping taps, cracked tiles and other visible flaws.
Brush up
A fresh coat of paint works wonders in an apartment. You’ll freshen up the appearance and address all the scratches and dents that walls have suffered over the years.
Let light in
Make sure there’s lots of light in your apartment when buyers conduct inspections. Sunlight will help make an apartment appear larger. Pull back the curtain, move furniture blocking windows and turn on interior lights.
Stage it
If your budget will stretch to it, stage your apartment with the help of a professional who’ll organise furniture and decor to showcase the property’s potential. For this to work best, you should consider selling once the apartment is vacant.