Value My House – Melbourne
The value of a house cannot be based on one sole thing. The truth is, that there are a lot of factors that influence a house’s value. One large factor being the way that your house stands out when compared to other houses on the market or in your neighbourhood.
Real estate in the city of Melbourne is made up of various types and styles. From apartment style condominiums to large modern homes, real estate in Melbourne has something to offer everyone. When looking to find out the value of your house, it is important to understand that it is not just about your house on itself, but about other houses that it might be compared to. For example, if you live one a street where all houses look very similar to one another, they all have the same floor plan, the same size lots, and everything, and there are two houses up for sale: one that has a well-landscaped yard, has modern high-end finishings throughout the house, and a well-maintained walkway: And a house that has an overgrown yard, and a mix-mash of finishes ranging from the 1950’s onward, which house do you think is going have a higher value? While fixer uppers are attractive to some buyers, they also sell for a lot less. Keeping your home and yard well maintained is necessary when looking to get a high estimate on the market value of your house.
In a city with over 4 million residents (and counting), there are always people looking to move, looking to sell their home for top dollar (for whatever reason it might be) and there are always people looking to get the house of their dreams at the right price. This means that there is always competition, competition to sell and competition to buy. The best way to maneuver your way through the competition is to know the value of your house or the value of the house that you are looking at. This is because you do not want to sell your home for less than it is worth, and you do not want to pay more what a property is actually worth.
So, if you are looking to sell your home, and are looking to do some minor upgrades prior to putting it on the market to ensure that you get the proper value for your house, but you do not have the time, money or energy to go through any major renovations, here are a few relatively inexpensive things that you can do to make your house look new again, and increase its value.
Bring new life to your home by brightening it up, (or toning it down if necessary) with a fresh coat of paint. Changing the colour, or even updating with a fresh coat of the same, can make a huge impact on the feel of a room. Don’t forget to brighten up your baseboards with a fresh coat too.
Over time, we accumulate tonnes of stuff. It happens to everyone, but getting rid of the stuff that you have not used in a long time, (or have forgotten that you even own) will go a long way in making your home feel larger and more organized.
The outside of your house is what buyers see first. So, take some time, go outside, cut your lawn, lay down some new patio stones, plant some flowers or greenery. Adding curb appeal can increase the value of your home a fair bit.
The value of your house is in a lot of ways determined by not only the way it has been maintained but also how it looks in comparison to other houses in the neighbourhood. Doing a few things to update the look of your home, and to make it stand out among your neighbours will go a long way.