If you are considering selling your home this year, increasing the value of your property is a strategic step that can make all the difference. From simple fixes such as cleaning to more significant investments such as remodeling, every action can affect the price and appeal of your home. In this article you will discover key steps and practical tips to maximise the value of your Costa Rican property.
Why is it important to increase the value of your property?
Making your home more attractive and functional can help you complete a sale more quickly and at a competitive price. While some improvements may not dramatically increase the value of the property, they will ensure that the asking price is fair and in line with the market. Not only will this attract more buyers, but it will also reduce the time your property spends on the market.
Key steps to maximise the value of your property
Walls, floors and ceilings in perfect condition
- The first step in preparing your property is to ensure that walls, ceilings and floors are clean and free from damage.
- Repair damp patches and leaks: These problems can be seen as signs of poor maintenance.
- Repair walls and remove scratches: A tidy appearance builds buyer confidence.
Check the condition of the electrical wiring
In Costa Rica, the electrical system must comply with the Electrical Code for the safety of life and property. Upgrading the wiring where necessary not only improves safety, but also ensures that there are no problems with bank financing.
Keep pipes and fittings in good condition.
- A well-maintained plumbing system prevents future problems for customers.
- Fix drips and leaks.
- Replace worn faucets and taps.
Choose neutral colours for the walls
Neutral colours, such as white, visually enlarge spaces and create a sense of cleanliness and order. This simple change can have a significant impact on the buyer’s decision.
Depersonalising rooms
Remove furniture, decorations and personal items. This allows potential buyers to visualise how they could adapt the space to suit their style and needs.
Before I sell my home,
do I need to renovate it?
It is not always necessary, but if you are considering a refurbishment, consider these aspects:
- Consider the original style of the property: Changes should complement the existing design.
- Focus on strategic improvements: A pool or kitchen renovation can add to a property’s appeal, but it is important to plan these investments carefully.
Where can I sell my house in Costa Rica?
When your property is ready to go on the market, the final question is ‘where do I sell my property? There are many ways to start the process, from putting up posters to posting on social media. However, the process of selling a house can be long and difficult.
One way to make this part easier is to work with a real estate agent. Estate agents know the property market and can advise you on the selling process. From preparing your property for sale to screening buyers.
At Nativu, our advisors are trained to give you the support you need to achieve your property goals. They focus on areas and property types to achieve the best sale and maximize the value of a property.