Improving the value of your property.

When applying for a Home Loan to use the equity in your property, one thing that is a certain is that the bank is going to want to do is value your property. There are a few tips and tricks to ensure that you get the best property valuation completed. Here we explore a few of them.

Exterior

The exterior of your property is crucial in gaining the property valuation you require. But don’t think you have to spend big bucks to getting it looking like the best house in the street. You don’t! Focus on what you can control within your budget, and start with the simple things such as making sure your lawn is neatly mowed with edges done, and you have no weeds in your front garden. Stand back and take a look at your home, is there rubbish or clutter around that can be moved? Do you have rubbish bins visible in at the front of your house? Is your house number clearly displayed? Clean windows and remove cobwebs. A general tidy up like this will work wonders as it will let the remaining houses in the street compliment your exterior. Of course if your budget permits consider a lick of paint or some building works to enhance the front of your property.

Interior

Similar to the exterior of the home, there are many things you can do to the interior of your home that will add value without having to spend a lot of money. Start with decluttering, buyers or valuers like to see the space they are working with. Ensure all rubbish is removed and the floor spaces and bench spaces are clear. Make up all the beds in the house and ensure all throw rugs and couch blankets are folded neatly, cushions are sat up and all surfaces are dust free. Give the walls a wash and ensure bathrooms are clean and mould free. If you have hallways or stair cases give the walls a wash especially where hand marks are visible. Of course if your budget permits consider giving the inside a paint job, repair any holes in the walls and update window furnishings etc. The key is if your home is older or requires work to focus on the things that are within your control by making the place neat, tidy and have the appearance of being spacial.

Of course there are more hints and tips that you can employ to make your property more appealing. You only have to head the Lifestyle channel to watch a mountain of DIY home improvement shows to get some ideas. We would always advise to employ professionals to do the jobs that require a licence, such as electrical work, plumbing work or building work. And remember to engage your local council for anything structural that you want to update.

To explore using the equity in your home, contact Jackie today 0409 563 892 or Jackie@fimafinance.com