With property prices on a seemingly endless upward trajectory, it can be tempting to sell your home as is, with your own decor intact and without making any updates or finishing those repair jobs that have been on your to-do list for months.
Favourable market conditions and the high level of demand in Mosman and surrounding suburbs mean there is no doubt your home will receive plenty of interest from buyers, even if it isn’t fully modernised. However, if you want to sell for the best price, there are definitely changes worth making.
To attract maximum attention, both locally and overseas, your Mosman home must be as close to pristine as possible. Take a look at why modern is the way to go when it comes to high-end properties.
People prefer convenience
In today’s busy world, time is a valuable commodity. After the stress of moving into a new home, your buyers won’t want to worry about calling painters and plumbers to make it liveable. If your home is ‘move-in ready’, your buyers will have fewer decisions to make. This means they will be more likely to choose it over another, less buyer-friendly place down the road.
What’s more, people like the look and convenience of modern appliances. Old air conditioners that rattle and clunky drawers that take a lot of effort to close are dated. People who have been viewing homes for several weeks or even months have a clear idea of what’s out there in terms of technology and simplicity. If the features of your home are tired, it won’t stand out against the competition and offers will be lower.
Most homes have a mix and match decor that doesn’t really speak to anyone except the owners. When you hire a stylist to deliver a modern, fully staged home, you’re presenting your place at its best. You are also giving yourself the best chance of appealing to the highest number of people.
If you are upgrading the decor of your Mosman home before you sell, keep it simple, sleek and modern. This makes it easier for the buyers to picture themselves living in a home. Using neutral tones instead of bolder colours gives people a blank canvas so they can think of their own ideas.
The only exception to this rule is if you have a clearly defined period home. It makes sense for the decor to match but it still needs to be very well presented.
‘Modern’ means ‘functional’
Appliances and buildings have a lifespan in the same way that decor trends do. And the newer something is, the more life it has left.
Presenting your home so it looks modern and fresh will improve the perceived value of the property and you will give people more confidence about quality and durability. They will be prepared to pay more because they know they are getting more.
Old tapware and appliances can be off-putting, even if they are working well. Make a small investment in features that are more visually impressive and you will bring the value of your home up another few notches.
The envy factor
“Wow! It’s so new!”
There’s no denying we love to impress our friends and neighbours. Unless they are shopping for a period home with every original feature intact and in stunning condition (which can be very hard to find), most buyers want a modern home that their friends will love as much as they do.
The media presents visions of enviable family homes with entertaining areas, the latest solutions in technology and plenty of natural light. A space that matches the ideal will look great when marketed and draw more people into an inspection.
If time and budget aren’t on your side, focus on the key areas in the home that buyers are interested in, such as the kitchen and bathrooms, and the entryway/master bedroom. It will also help to reach out to a Mosman real estate agent who can recommend stylists and tradespeople to make your home look its best with as little effort as possible from your end.