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How to enhance the value of a property before selling it

Buying and selling houses is a highly competitive market and as such, buyers will often try to pick out the faults of the house in order to try to negotiate it for a lower price.

So if the homeowner wants to ensure that their property is sold for a better price, he can enhance its value by applying some measures that will make the property more desirable in the eyes of the buyer.

Today, we will give some tips on how you can increase the value of your property before putting it on the market.

1. Repair the small defects
In a property, the smallest details can make all the difference. Small cracks in the walls, doorknobs or problematic locks are clear examples of defects that can lower the property's value.
By making such repairs, the homeowner will ensure that the buyer will not have to do them later, and as a result, they will not make a lower offer on the property.

2. Avoid creating personalised rooms
Personal photos, walls with unusual colours, items of personal nature ... all these refer to a personalised home that may not please the buyer.
When a room is decorated in a more neutral way, it becomes easier for the future owner to put their own stamp on the property according to their personal taste.
In addition, brighter rooms tend to look cleaner and larger, which will also be a plus for the seller.

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3. Resolve the legal issues
No buyer will be willing to purchase a property with legal or paperwork problems. Before placing your property on the market, make sure you have paid all the bills and dealt with all the legal issues. This will also enhance the property's value.

4. Work on the exterior
The interior of a property is not everything! It will be important for the seller to pay just as much attention to the exterior part of the property as to the interior.
Details such as the guttering, worn tiles or flaking paint may give the house an older appearance and devalue it in the eyes of the potential buyer.
Likewise, if the house has outdoor areas, such as gardens or pool, these should be cared for and have a desirable appearance.

5. Take good photos of the property
If the photos of the house are presentable, they can enhance its value. For this, it is necessary that the quality of the photographs is good, the angles are well chosen and, preferably, the house is furnished and arranged neatly at the time of the photo session.

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Engel & Völkers
Licence Partner Portugal

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