If you are thinking about selling, one of the big things you can do to increase the sale price is to help potential buyers visualise themselves living in your home.
One space that is becoming a deal breaker for buyers is the spare room or office. With almost 3.5 million Australians working from home, a study has become an essential on many wish-lists. If you have the budget to build or remodel, adding an additional room can potentially mean an additional $80,000 to $150,000 on sale day. However, creating this sought after space in your home is a simple way to expand your buyers’ market and can be achieved with almost any budget.
We look at three easy tips that will help you transform your spare room or under utilised space.
Lighting
Light can define spaces, opening or closing a room. Simple things like installing sky lights or making sure all the blinds are pulled back and clean for a home showing can go a long way.
When creating an office space in a spare room make sure your room has enough natural light. Orientate the desk to maximise any natural light the room may have, being aware of glare, if your computer is facing the window.
If you are creating a study nook that is hidden away, use light to define the space, so it stands out to potential buyers.
Declutter with storage
A decluttered home could potentially sell faster. Spaces which are neutral and free from junk, allow potential buyers to imagine themselves living and working in that space.
When it comes to easy ways to revamp your home, making sure you have ample storage should be a priority.
This applies to a room that you may be converting. Your potential buyers may or may not keep this room as an office, but installing storage, or showing how smart storage solutions can easily make the room a workable office.
Streamline your furniture
Choosing furniture for home styling can be a tricky exercise. Pieces need to work well while your home is on the market, as well as be functional for your new abode. Opting for modern options, in neutral colours is a great place to start as it broadens your home’s appeal.
When converting your spare room, think about what purpose you need it to serve until you sell, along with creating possibilities for buyers. If you think you will still need a place for guests, consider a foldout couch instead of a bed, or choose a day bed. This way you are leaving it up to potential buyers to see what they most need when they enter a room.
Slim desks are adequate when converting a room into a home office and will often tuck in nicely under a set of stairs if you are creating a study nook.
Whether you are transforming a underutilised space or repurposing a room, allowing potential buyers the opportunity to easily envisage their life in your home can go a long way in how quickly you can sell your home, and the price you may get for it.