Spring is looking to be another hot season for the New Zealand property market, with all regions seeing an annual increase in sales volumes in September and some even setting new records.
In this competitive market, first impressions are essential, so this month we look at how your vendors can boost their property’s curb appeal and potential returns. Here are some tips from the experts.
Assess the home
The first key thing to do is to identify potential problem areas. It’s important to review the exterior of the property like a buyer would, and take note of anything that may not look quite right. For example, is the paint chipped, cracked, flaking or peeling anywhere? Are there any leaves or debris in the garden? Do trees and lawn look well-manicured and healthy?
Paint, clean up and repair
Painting, cleaning and repairing are key tasks to tackle. From getting rid of mould and mildew through to cleaning the windows, raking leaves and pressure-washing decks (provided there are no water restrictions in place), every detail matters when trying to achieve that pristine ‘brand new’ appearance. A fresh paint job – on the outside, the deck and the fence – can also make a big difference.
Plants
In New Zealand, we’re blessed with luscious greens that light up in the sunshine, and Spring is the perfect season to make the most of landscaping.
Making sure trees and lawns look neat and trim is the number-one step, but for that all-important ‘wow’ factor, putting some plants in strategic places around the house can be an effective way of refreshing the exteriors. Evergreens, climbers, flowerpots – possibilities are almost endless, with an amazing variety of looks and fragrances to choose from.
On the other hand, sometimes less is more. For example, if an overgrown tree is blocking the view, vendors may consider taking it out or replanting it elsewhere.
Lighting
It can be a good idea to assess the property in the evening as well. Some buyers like to drive around the neighbourhood after work or at night, to check out commute times and the vibe of the area.
That’s why it’s important for your vendors not to overlook outdoor lighting. A decorative streetlamp, low-voltage lighting along the sidewalk or driveway, and some sparkly string lights on a decking area are quick ways to improve evening curb appeal – and make the house look ready for summer entertaining.
Front door
Front doors are often overlooked, but in fact are one of the first things people notice. Sometimes, a fresh coat of bright, bold paint can help revamp a dull entry. Depending on the property and your vendors’ budget, they may also consider upgrading their door (or at least the hardware) with a brand-new design.
Plus, replacing basic house numbers with a stylish number plaque can add a certain flair to the entrance – something buyers will notice.
Some additional options to consider
Most potential buyers look for a property that is ready to move in as soon as possible, has an emotional appeal and is enjoyable all year long. So here are some extra options for vendors who have a little more budget to spend on their pre-sale renovations:
Installing a deck cover or patio roof
Building off-street parking (provided it’s council-approved)
Building or replacing the fence
Adding high privacy screens where a common fence isn’t enough
Decorating the lawn with steppingstones
Creating a raised vegetable garden.
How we help vendors fund their renovation costs (with no repayment for 90 days)
A well-thought-out renovation can maximise the appeal of a property inside and out. At Lifestyle Finance, we specialise in helping New Zealand vendors fund their pre-sale renovation costs, with our ‘Renovate Now Pay Later’ package.
What’s best, regardless of the size of their renovation loan, vendors won’t have to repay any of the principle for 90 days. Visit lifestylefinance.co.nz or call us on 0800 100 265 to learn more.
*Sources:
Canstar NZ
Houzz
The Balance
BHG
Disclaimer: Please note that the content provided in this article is intended as an overview and as general information only. While care is taken to ensure accuracy and reliability, the information provided is subject to continuous change and may not reflect current development or address your situation. Before making any decisions based on the information provided in this article, please use your discretion and seek independent guidance.