Preparing your property for a valuation is a crucial step in ensuring you receive an accurate and favourable assessment. Whether you’re selling, refinancing, or just curious about your property’s current value, taking the time to prepare can significantly impact the outcome of the valuation.
In this article, we’ll provide you with a comprehensive guide on how to prepare your property for a valuation in Canberra. From decluttering and cleaning to making minor repairs, these tips will help you enhance your property’s appeal and potentially increase its value.
Declutter and Clean Thoroughly
One of the first steps in preparing your property for a valuation is to declutter and clean every room. A clutter-free and clean environment allows the valuer to focus on the property’s features rather than being distracted by personal items or mess. Consider the following tips:
- Remove personal items: Pack away family photos, personal collections, and any items that may make the space feel crowded.
- Clean windows and surfaces: Ensure that windows, floors, and surfaces are spotless. Pay attention to details such as skirting boards, light fixtures, and door handles.
- Organise storage areas: Tidy up wardrobes, cupboards, and storage spaces to show off the property’s storage potential.
Enhance Curb Appeal
First impressions matter, and the exterior of your property is the first thing a valuer will see. Enhancing curb appeal can positively impact the valuation. Here’s how to improve your property’s exterior:
- Tidy the garden: Mow the lawn, trim hedges, and remove any weeds or dead plants. Consider adding fresh mulch or potted plants to brighten up the space.
- Clean the facade: Pressure wash the exterior walls, driveway, and pathways to remove dirt and grime. Repaint or touch up areas where the paint is chipped or faded.
- Repair fences and gates: Ensure that fences and gates are in good condition, with no loose or broken parts.
Make Minor Repairs and Updates
Addressing minor repairs and updates can significantly impact the valuation. Small issues like leaky taps, cracked tiles, or peeling paint can detract from the overall impression of the property. Consider the following repairs:
- Fix leaky taps: Ensure that all plumbing fixtures are in good working order and free from leaks.
- Patch up walls and ceilings: Repair any cracks or holes in the walls and ceilings. A fresh coat of paint can also brighten up the space.
- Update fixtures and fittings: Replace outdated light fixtures, door handles, and taps with modern alternatives.
Highlight Key Features
During the valuation, it’s essential to highlight any key features that add value to your property. These could include recent renovations, energy-efficient upgrades, or unique architectural details. Be sure to:
- Provide documentation: If you’ve recently renovated or made significant upgrades, provide the valuer with documentation, such as receipts or building permits, to support these improvements
- Showcase energy efficiency: Highlight any energy-efficient features, such as solar panels, double-glazed windows, or insulation, as these can increase the property’s value.
Present a Well-Maintained Interior
A well-maintained interior can leave a lasting impression on the valuer. Focus on creating a welcoming and comfortable environment by:
- Neutralising colours: If your walls are painted in bold or unconventional colours, consider repainting them in neutral tones to appeal to a broader audience.
- Maximising natural light: Open curtains and blinds to let in as much natural light as possible. Clean windows to ensure they are clear and allow maximum light penetration.
- Arranging furniture strategically: Arrange furniture in a way that maximises space and flow. Avoid overcrowding rooms with too much furniture.
Provide Access to All Areas
To ensure a thorough and accurate valuation, provide the valuer with easy access to all areas of the property. This includes:
- Attics and basements: Make sure that attics, basements, and other storage areas are accessible and free from clutter.
- Garages and sheds: Ensure that garages, sheds, and other outbuildings are clean and organised, with any potential hazards removed.
- Roof and exterior: If possible, arrange for the valuer to have access to the roof and exterior walls to assess their condition.
Be Present During the Valuation
While it’s not mandatory, being present during the valuation can be beneficial. You can provide the valuer with additional information about the property, such as recent upgrades or unique features. However, avoid hovering or interrupting the valuer’s process. Be available to answer any questions they may have.
Conclusion
Preparing your property for a property valuation in Canberra is an essential step in ensuring you receive an accurate and favourable assessment. By decluttering, making minor repairs, enhancing curb appeal, and highlighting key features, you can present your property in the best possible light. These efforts can contribute to a higher property valuation, whether you’re selling, refinancing, or simply curious about your property’s current worth. Understanding property valuations can help you make informed decisions about your real estate investments.