Getting your home ready for Sale – Spring is the best time to sell!
We all are looking forward to the warmer weather and green lawns, flowers and swimming. The house has been locked up all winter to keep out the cold, it is time to open the windows and let spring in.
The house market comes alive in the warmer months, and buyers are more active in having a look. Temptation can be a bigger influence in the warmer months. Upgrading to a home with a pool for the kids, moving closer to work and school, its a lovely home…why not!
Many sellers use the colder months of winter to prepare their property for a spring sale, but there are plenty of considerations prospective vendors need to keep in mind.
I think it’s fair to say that the residential property market across Brisbane has been somewhat subdued over the course of winter. However, a couple of factors may well see a flurry of activity in real estate sales across spring.
Low interest rates are acting to support borrowing and spending.
Despite the potential for an increased number of buyers in the market, it is also common for spring to see an influx of properties placed on the market. This means vendors need to put every effort into ensuring their property presents at its best and stands out from the competition.
Many vendors will spend significant amounts when preparing a property for sale, but such an investment may not be necessary. There are various ways to improve your property fairly cost-effectively, including with a fresh coat of paint, bringing your tired winter garden back to life by planting colourful flowers and greenery, and giving your property a thorough spring clean, both inside and out.
With more properties on the market in spring, vendors must also be prepared for the possibility that they will need to keep an eye on the prices, as the number of homes available may influence price as well.
To form an educated expectation about the price your property may be likely to achieve, we recommend that you look at data regarding comparable sales in the area, let one of our knowlegeable consultants give you information pertaining your area.
With interest rates at their lowest for more than 50 years, there are more buyers ready to buy and looking for a home like yours. Present well.
Jonathan Blocksidge, MD