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Preparing Your Home For Extreme Weather

Jun 21, 2019 2:05:35 PM Share this:

No one wants to find themselves in a situation where they’re faced with mounting repair bills because of unforseen weather events. It’s true that the weather is unpredictable, but that doesn’t mean you can’t prepare your home to cope with the damaging weather that is sometimes thrown our way. Here is what you can do to ensure you are effectively preparing your home for extreme weather.


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Topics: Property Tips, Newsletter

Interiors: To repair or not to repair

Apr 4, 2019 11:31:00 AM Share this:

When it comes to preparation, Olympic athletes leave no stone unturned.

Because the competition is so intense, preparing for the Olympics becomes life and death, with endless months of training, and unyielding focus. Preparing for a game of soccer down the beach with some friends – not so much.

The same principle applies when preparing your property for sale and deciding what to repair, and what not to. Where do you draw the line? What do you fix and what do you leave? (In this article we look exclusively at the interior of your property).

Much depends on the competition. If the competition is intense, then preparation is all important.

If the market in your area is super-hot, and houses are selling at Usain Bolt speed, it shows that buyers are attracted to the area rather than the finer details.

In such a sellers’ market, it is possible only minor, essential repairs need to be made. Undertaking costlier repairs or renovations are likely to have little or no effect on the inevitability of sale or price, and represent an unnecessary cost.

The other major factor in deciding what to repair is how urgently you want to sell.

If you want to sell your house “yesterday”, then you need to remove every barrier that could potentially short-circuit a sale. For example, some buyers will pull out of a sale because of a seemingly insignificant fault, like a door knob that falls off in their hand.

If in doubt, seek advice from your Harcourts Sales Consultant.

There is a distinctive difference between repairs and renovations, with repairs being regarded as restoring something back to its original condition, while renovations are improvements or upgrades.

So what are the repairs to consider before selling a property?

Paint

  • All exposed nail holes, stains and imperfections in your wall’s paintwork should be fixed
  • Paint door trims and all areas showing wear and tear
  • Remove older wallpaper by steaming and give the wall a fresh coat of paint
  • Avoid creating bright or darker coloured features walls, because colours are an individual choice
  • Consider painting over old-style dark, wood panelling, which can create a gloomy atmosphere in a room
  • Always choose neutral or lighter colours, which make rooms appear bigger, and are acceptable to more buyers (creative buyers will add their own colour touches).

Lighting

  • Make sure all switches and lights are working properly
  • Install brighter bulbs in gloomier rooms.

Kitchen

  • Make sure all draws and doors are working properly
  • Bench top needs to be pristine, with no chips or cut marks. If you need to replace a benchtop considering installing a granite top which will generally add value
  • Absolutely no leaky taps, or leaky anything else
  • Consider replacing old plastic door handles with metallic handles.

Bathroom repairs

  • Replace or repair leaky taps
  • Clean grouting between tiles, and if missing, repair
  • Replace any chipped tiles

Curtains and window furnishings

  • Replace damaged curtains or blinds

Floors and ceilings

  • Consider removing old carpet on wooden floors and polishing the floor boards
  • Remove textured ceilings and paint with flat paint (beware of asbestos)

When considering what to repair, put yourself in the shoes of the potential buyer and work out what would cause you to have second thoughts about buying, and for peace of mind, repair whatever is a potential deal-breaker. 


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Topics: DIY, Repairs, Newsletter, Property Management Focus, Tips on selling your home, Harcourts Real Estate

Frequently asked questions about depreciation

Feb 19, 2019 3:42:23 PM Share this:

Owners of investment property should be aware of depreciation related to their property. But what exactly does it mean to use depreciation to your advantage? Our partners at BMT Tax Depreciation help sort out the facts from fiction.


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Topics: Newsletter, Investing in Property, BMT Tax Depreciation

The December 2018 edition of Property Focus newsletter is here!

Jan 8, 2019 3:18:11 PM Share this:

In our final edition of the popular Property Focus newsletter, we discuss the strategy of holding open homes when selling a property, plus our top security tips for your property over the holiday season. 


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Topics: property focus, Newsletter

Home security tips over the holiday season

Dec 13, 2018 3:03:55 PM Share this:

For many of us, the Christmas / New Year break is the best time of the year to get away for that well-earned rest.


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Topics: Holiday Home, Newsletter, Australia Real Estate, Lifestyle and Rural Property Focus

Why hold open homes when selling?

Dec 10, 2018 4:16:58 PM Share this:

How can you prepare for an open home? Your sales consultant will do all them marketing necessary to attract the maximum number of visitors to your open home. However, when you have them there, you will want to ensure you present your home in the best possible light.


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Topics: Selling, property focus, Newsletter, Australia Real Estate

Which Market Are You In

Sep 11, 2018 11:42:18 AM Share this:

The average time it takes to sell a home indicates the market climate. It is very important a seller understands which market they are in and the average time it is takes to sell a property. Ask your sales consultant about the current market in your location.


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Topics: Residential, Selling, property focus, Newsletter

Is Your Backyard Ready for Summer?

Sep 11, 2018 11:27:33 AM Share this:

Spring season is upon us and Summer will be here before you know it!


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Topics: Advice, property focus, Newsletter, Home Decor & Furnishing

Using your home to buy other assets or renovate

Aug 20, 2018 1:57:31 PM Share this:

Should you use the equity you have built in your home when you want to buy a car, or upgrade furniture, even renovate, or is a personal loan a much better option?


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Topics: Blog, Newsletter, Selling, Advice, Winter, property focus

5 common mistakes made by first time property investors

Aug 17, 2018 8:04:00 AM Share this:

Buying your first investment property requires research and planning. Too often the choice is made for the wrong reasons, which can be difficult to reverse, if at all.


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Topics: Blog, Newsletter, Property Management Focus, Mortgage Express, Australia Mortgage