Post to Facebook on 17/12/2019 2:34 AM
Commenting on “Visit Open-for-inspection - Blog 4”
Blog #4
A few months ago, I spent a Saturday inspecting five properties but only blogged on three of them?
One of the five is still in the market not sold. Although it is within the Wheelers Hill Golden Mile, it still does not attract a buyer to pay the asking price.
This property is considered on the higher price range, and therefore it is important to recognise the number of buyers will be small, and in fact, these are the more fussy and picky ones.
House hunters in that bracket can work the sum that to purchase a block of land or demolish an existing dwelling to build on the land will probably cost just as much. The difference is time, and possible the stress of building house. The pros are having a new house, built to one’s design.
The house is well built, bright and clean. Although it is a two-storey building, it appears to be single storey at street level. The land slopes downward, and the lower ground floor is completely invisible from the street, and therefore, it lacks that majestic look.
The house lacks a wow factor. There is too much empty space, and certain furniture requires rearrangement. A professional interior decorator can help fix most of the problems.
One must keep in mind about the presentation of the property when it is for sale.
When you own and live in the house, it is all about “me, me, me”. That is perfectly alright. You can ignore the cracks, the weeds in the “garden”, empty unused space in various rooms, furniture arranged in the wring spots, etc. However, when you put the house in the market, the property is to attract the buyers, “them, them, them”!
The design of the house cannot be modified easily, and the outlay can be far too much to compensate any gain. While the structure is not to be touched, cosmetic changes can work wonders. It is about perception, understanding the needs of potential buyers.
Thank you for reading.
Commenting on “Visit Open-for-inspection - Blog 4”
Blog #4
A few months ago, I spent a Saturday inspecting five properties but only blogged on three of them?
One of the five is still in the market not sold. Although it is within the Wheelers Hill Golden Mile, it still does not attract a buyer to pay the asking price.
This property is considered on the higher price range, and therefore it is important to recognise the number of buyers will be small, and in fact, these are the more fussy and picky ones.
House hunters in that bracket can work the sum that to purchase a block of land or demolish an existing dwelling to build on the land will probably cost just as much. The difference is time, and possible the stress of building house. The pros are having a new house, built to one’s design.
The house is well built, bright and clean. Although it is a two-storey building, it appears to be single storey at street level. The land slopes downward, and the lower ground floor is completely invisible from the street, and therefore, it lacks that majestic look.
The house lacks a wow factor. There is too much empty space, and certain furniture requires rearrangement. A professional interior decorator can help fix most of the problems.
One must keep in mind about the presentation of the property when it is for sale.
When you own and live in the house, it is all about “me, me, me”. That is perfectly alright. You can ignore the cracks, the weeds in the “garden”, empty unused space in various rooms, furniture arranged in the wring spots, etc. However, when you put the house in the market, the property is to attract the buyers, “them, them, them”!
The design of the house cannot be modified easily, and the outlay can be far too much to compensate any gain. While the structure is not to be touched, cosmetic changes can work wonders. It is about perception, understanding the needs of potential buyers.
Thank you for reading.
