Benefits of a property inspection before selling

You no doubt know how important a pest and building inspection is for someone who is buying a property, but are you aware of how important they are for sellers too?

Building and pest inspections can reveal all manner of issues from mould and water damage, to problems with the roof or foundations, sky light, rodents, leaky pipes, termites, faulty electrics and more. Whilst many of the issues they uncover may not be serious, serious issues can have an impact on the price you are able to sell your property for.

Conducting a pre building and pest inspection on your property by a qualified professional before you put it on the market offers a number of key benefits to you…as the seller. Here’s a look at 4 of the key benefits:

Peace of mind

Let’s assume your inspection report comes back all clear and whilst you’ve had to pay for the inspection, having peace of mind that you’ve removed the risk of a potential buyer finding an issue with your property and putting them in a position to negotiate the price downwards is priceless.

If, however the inspection report identifies an issue, you have the ability to quickly arrange for it to be resolved on your terms, rather than having to fix it on the buyer’s terms or risk losing the buyer all together.

Can help attract more buyers

If you’re able to produce a report that certifies your house is pest free and without any need for maintenance, this will attract buyers.

An official document from an unbiased third party certifying your properties true condition, shows you have nothing to hide, therefore giving buyers more confidence to put an offer in on your property. In many cases a condition of sale includes the property must pass a building and pest inspection, if the inspection report has already been compiled, not only can it save the house buyers some money, it can also ensure the settlement process runs more smoothly.

Enables you to fix any issues

Building and pest inspections can reveal all manner of issues that are not visible to the naked eye, or to anyone living in the property. Issues can range from minor problems such as slight water damage, leaky drain pipes and loose roof tiles, through to more serious issues such as structural problems and termite infestations.

Knowing before the property is on the market, enables you to address any ‘fixable’ issues quickly and to be in a better position to disclose them to the potential buyer during the marketing campaign, which can make a big difference to the success of your sale.

Can help close the sale quicker

If a buyer is passionate about your property and is keen to buy it, they are more than likely very keen to close the deal. If the building inspection has been done and all repairs have been made, they often proceed immediately with an offer.

If, however you have to wait for the inspection to take place, only to find there are some issues, buyers may feel they are buying a ‘lemon’ which puts doubt in the mind. This doubt may in turn stop them from putting an offer in on your property or give them confidence to negotiate the price down.

A final word

Keep in mind professional pest inspectors will normally find evidence of pest related problems, many of these will have been addressed and it is just the legacy of the animals that remain. It pays to be completely upfront and honest with everyone involved, including ourselves right from the beginning. We buy ugly houses.

If you’ve had termites in the past let us know and if possible provide all relevant documentation, warranty’s and paperwork to help reassure buyers that the house has been treated, the issues has been resolved and they have nothing to worry about.

By conducting your own building and pest inspection before you sell, enables you to take care of any issues or to be in a better position to disclose them to the potential buyer during the marketing campaign. This can make a big difference to the success of your sale.

10 improvements to boost the value of your home

How do you boost the resale value of your home? Should you add another bedroom, build a pool or a granny flat, or would a garage be better?

While it seems tempting to just go all out and add any feature you can think of, it’s important to remember that not every home renovation is going to actually benefit you when the time comes to sell. You need to focus on changes to your home that suit the lifestyle of the neighbourhood. Here are some ways you can do this and boost your home’s sale prospects.

Get some expert advice

Before you start knocking down walls, it’s a good idea to get a professional such as a real estate agent or an interior designer to give you some advice as to what they believe would add value to your property. The benefit of asking a real estate agent is, they live and breathe property in your local area and are very familiar with what buyers are looking for in a new home.

Highlight a standout feature

Does your home have a feature that other properties don’t. For instance does it have a beautiful view – can you make enhacements such as enlarge the windows, or change the window treatment so it is easier to see out and enjoy the expanse. If you don’t have a view can you create one with smart landscaping?

If you have a swimming pool, ensure the lighting is good to help make this a feature. If you have an ugly side fence, you could transform this using a an evergreen wall or vertical planter boxes. If your living area is separate to your garden, bring a bit of nature inside using indoor planter boxes, potted or hanging plants.

Invest in your garden early on

A manicured mature garden with established shade trees is very popular with buyers. Growing an established garden takes years to grow – so it’s a good idea to get this under way early. Plus, you’ll get to enjoy the use of the garden long before you sell. Check with your local council about planning laws around trees that could extend beyond your property boundary too!

Revamp the kitchen

The kitchen is the one room that can make or break a sale. It’s usually the most expensive room in any house, so prospective buyers don’t want to see a kitchen that needs a total upgrade. This doesn’t mean a total re-fit, but there are some small things you can splurge on that will help make your kitchen more appealing.

Enhance the bathroom

Buyers today like beautiful bathrooms – they want a room they can relax and pamper themselves in, no matter what size or condition your bathroom is in. It is Ok to spend some money on the bathroom to make the most of what you have.

Go with the flow

A property that flows easily from space to space is important to buyers, as it directly affects how easily and comfortably people can move through the home. Spending time getting this right can add significant dollars to your properties value.

Add a granny flat

If you have the space, a granny flat can be a big draw card for buyers for a multitude of reasons. Family buyers love a granny flat as the space can double up as a rumpus room for the kids, a place for the in-laws to stay or a home office. In addition, astute buyers see the opportunity of being able to lease out the external flat and help with their mortgage.

A fresh coat of paint

Paint can totally transform your property and help catapult it from the 70’s or 80’s into the 21st century. Consider re-painting the façade of your property if it is looking a bit tired, or if you have exposed brick you could render the façade and paint it. This will help create a good first impression and set the tone for the rest of the property. Don’t stop there, re painting the walls inside also has a positive effect on buyers as it instantly refreshes the entire home. You can’t go wrong with fresh crisp paint job in modern neutral colours.

Add extra storage

Another great investment is to add built in cupboards throughout the property – in bedrooms, family rooms, hall ways, garages…anywhere you have the space. Buyers love great storage so this can make your home much more appealing.

Create an outdoor entertaining space

An outdoor entertaining area adds a whole new room to your home and buyers love this. When planning your outdoor space, consider how you envisage it to be used. If you have the space perhaps it’s ideal for a large family, so a large dining area may be the best option with BBQ and cooking area. If space is tight, a deck or patio with comfy seating and shade may be the best option or if you have a balcony adding a table setting (even if small) is very appealing to buyers.