How we will increase the value in your home…
As interest rates continue to rise, Perth property price growth has slowed. After a 24.2% increase in prices since March 2020, the trend has plateaued for the Perth market. However, compared to other states in Australia, this is actually a very positive outcome when considering almost all other capital cities have been in decline.
Now if you’re thinking of selling in 2023, having your property presented at its best, is more important than ever. The urgency in the market has slowed and buyers have become very selective in their decision making. So, you may be very interested to hear how we have been able to significantly increase the value of homes before we sell them so far in 2023.
What I say is … let the experts help, and we are your property experts! We will help you achieve the best result for the sale of your home through expert preparation, process and precision. Unlike most real estate agents, we are more than just salespeople. We have unique expertise that you can take advantage of to ensure you get the most out of your sale.
How we increased one homes value by $95,000…
Recently, we were approached to sell a home for a client who had a price goal they needed to achieve. After assessing the property and completing our analysis of the market, the property would have been expected to sell for around $800,000. Our client was understanding of where the property’s value was in its current condition, but this was not quite the price they were hoping for.
This is when the MGP Property ‘Expect more…’ team can help.
Working within a budget of $25,000 we actioned a set of cost-effective improvements to the property which we knew would give our client a return on investment, and ultimately achieve more than the price they were hoping for. These changes were carefully planned to ensure the property would have greatest appeal to its target market.
- New carpets
- Modern lighting fixtures
- Internal painting of walls, doors, and door frames
- New paint colour for the front of the building
- Modern door handles
- Kitchen benchtop replaced with stone
- New appliances
- Tile cleaning
- Garden clean up and declutter
- A few general maintenance items
- Property styling
Through high-level process, careful planning, and hard work, we sold the property in one week for $895,000 – that’s $95,000 above the expected price before the home improvements and was $45,000 above our client’s expectations. Our client was more than thrilled with the result – they got all that they wanted, and then some.
Using our supplier and trade contacts in the construction industry, we can stretch your budget further. Whatever that budget may be (it doesn’t need to be 25k), we are able to optimise it so that it works the hardest for you and achieves the best result when it comes to selling.
This is not the first time we have done this for a client either. We have had numerous successful Melville property campaigns similar to this over the last couple of years, and for those who want to maximise sales results in 2023, we are ready and waiting to work with you.
This is why you can ‘Expect more…’ when you choose to work with MGP Property.