How to sell your house for a better price

DRESS UP YOUR HOUSE TO SELL FOR MORE

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Simple measures can make a house more attractive to the prospective buyer. We estimate that the Rs 62,500 spent on these can add Rs 2.45 lakh to the price tag.

1. Paint the walls
A fresh coat of paint can work wonders for the value of your house. There is no need to splurge on premium emulsion. Go for a basic distemper and choose neutral shades. A light colour makes the house look bigger. Make sure that all holes are filled with putty and any damage to the plaster is repaired.

Cost: Rs 40,000
Increase in value: Rs 1-2 lakh

2. Check electrical equipment 
Many buyers are looking for a property in which they can move in very quickly. Functional plug points and switches are very important. Ensure that the electrical equipment is working and replace fused bulbs. It will light up your chances of fetching a good price for your house.

Replace switch plates & fused bulbs
Cost: Rs 3,000
Increase in value: Rs 25,000

3. Replace cracked floor tiles 
A damaged floor looks very unattractive. Replace broken tiles or get the floor polished to give it a glossy look. Grinding and polishing a marble floor can cost more.

Polishing floors
Cost: Rs 10,000
Increase in value: Rs 25,000

4. Fix leaky taps 
Taps with no water and non-functional washrooms tell buyers that they have to get a lot of work done. Ensure that all faucets and wash rooms are functional.

Cost: Rs 1,500
Increase in value: Rs 5,000

5. Clean everything 
A prospective buyer should not start coughing when he enters the house. Get the entire place vacuumcleaned so that it is spick and span. No cobwebs or dusty floors.

Cost: Rs 500
Increase in value: Rs 10,000

6. Use plants 
Brighten up the place with potted plants. Even artificial plants can bring cheer to an empty house. If there is a balcony or terrace, check that the railing is not broken.

Cost: Rs 500
Increase in value: Rs 5,000

7. Wash the exterior
Nothing like a good shower to spruce things up. Spray water on the exterior walls and in the courtyard to give the house a fresh feel. The only expense is your sweat and time.

Cost: Nil
Increase in value: Rs 5,000

8. Polish kitchen and cabinets
If the woodwork in the kitchen is in a bad condition, get it varnished or laminated. Spray pesticide to get rid of cockroaches and other insects.

Varnish and laminate
Cost: Rs 2,000
I ncrease in value: Rs 10,000

9. Fix the parking space 
For some, a fixed place to park their vehicles is more essential than an extra bedroom. If you have an independent house, build a shed to cover the parking area.

Cost: Rs 5,000
Increase in value: Rs 30,000

10. Disinfect the toilets 
A dirty, stinking bathroom can be a deal breaker. Ensure that all toilets are clean, the drains are not blocked and there are deodorisers in the washroom.

Cost: Nil
Increase in value: Rs 15,000

11. Wash the exterior
Nothing like a good shower to spruce things up. Spray water on the exterior walls and in the courtyard to give the house a fresh feel. The only expense is your sweat and time.

Cost: Nil
Increase in value: Rs 5,000

12. Keep some furniture 
An empty house is not as appealing as one with some furniture in it. It adds warmth to the property. This is why sample flats are filled with furniture. A small fridge with some refreshments can add more value.

Cost: Nil
Increase in value: Rs 15,000

Total cost: Rs 62,500 Increase in value: Rs 2.45 lakh

 

Source: ET Realty

 

 

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Zricks.com

Zricks.com is a simpler way to search for Residential and Commercial projects & properties across India with over 5000+ Projects, 1000+ Properties, 2500+ developers, 1500+ Agents, 8000+ Localities. Check out Walkthrough, Compare, QnA & Brochure page to see what everyone is talking about.

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