The commercial appraisal takes into account other factors in addition to the structural characteristics of the property, in this article we will tell you what are some reasons that can cause your property yo lose value in the market and how to prevent it from happening.
There are some variables that are beyond your control such as market conditions, interest rates, location and urban equipment, to name a few, however there are other factors that can also influence the value of your property in negative ways, some of them are:
DIY projects that don’t go as expected
Many times there are attempts to make improvements to the property to increase its value and sometimes these projects can go wrong, whether they are small fixes somewhere in the house or important additions such as an extra bathroom or remodeling something. It is always best to do it with the help of a professional for more security because the only thing that is guaranteed is that if the change goes wrong, your property will lose a significant value in the market.
External appearance
Many times we focus in the inside of the house and the comforts it can provide, but first impressions are always important. If the exterior paint is beginning to fade or the lightning outside its not good, its probable that the future buyer will notice it and that will reduce their desire to invest in the property. For this, its better to take your time remaining the exterior of the house to improve its appearance as well as fixing all the small details that notice the pass of the time in the house.
Interior painting
Like the external appearance the interior of the house can define its potential. Which is why it is a good idea to invest in painting the interior of the property with colors that are neutral or that combine with the different furniture and things in the house so that when the buyers visit the home it is easier for them to see it there.
Good Maintenance
Always try to keep your property in excellent condition. Many buyers are open to negotiate some arrangements that may be there at the time of visiting the house, but there are others who prefer to avoid extra expenses with repairs so they can rule out buying your property if it is not in good condition. If you don’t know how to fix something its best to hire a professional to do it.
Avoid clutter and odors
These factors are not only unpleasant but also devalue your property as they create a very bad impression. Try to eliminate everything that can generate clutter and bad odors, doesn’t matter if they come from damages in the structure or poor cleaning, the important thing is that at the time of the visit of the potential buyer, everything is clean and smelling good.
Unnecessary arrangements
Sometimes the arrangements made to the property may be less attractive than. The original. It is a fairly common misconception that making large changes to the house can increase its value. For this, it is best to consult with a profesional designer to analyze if the change is effective and safe for the property and if this would increase its value or if making it could become more expensive for you.
By following these little tips, you can keep or even increase the value of your property. Remember that every little detail is important when a potential buyer goes to see the house so it is best to be coquitos, keep everything in order so can ensure that the value you request is the one you get in the end.
