In terms of property, the visuals speak volumes. The first impression is probably the only impression you could make on a potential buyer or tenant, so putting your best foot forward and showing that your property is worth it is essential.
"The main purpose of the style of an investment property is to make it look more valuable. By setting the stage, so to speak, you create an image of perceived value, ”says Cheryl Bedford, CEO of Majestic Home Styling.
Bedford points out that real estate style isn't just something you turn to when you're looking to sell – it can also have an effect on your ability to build your investment portfolio.
"The style of the property is a must when you ask the bank to assess your property. The perceived value can make all the difference as to whether you can increase the value in order to take more equity in the property and buy another. "
Style isn't just about putting nice furniture in a room and calling it a day. To do the best job, you also have to follow certain rules, and we outline the dos and don'ts for you here.
DO
1. Create a story
For Bedford, the style of the property is to "define the image to tell a story about the property". So before styling, you need to think about the message you want to convey, depending on the demographics you want to attract.
"A tenant will pay higher rent for a property that is perceived to be more of a luxury property," notes Bedford.
While that doesn't mean your property should have expensive fixings, it does suggest that an elegant and classy vibe is generally the way to go.
2. Take into account the size of the space
How big is your property? The answer to this question will have an impact on your story. For example, small spaces should be opened to make them appear larger, so avoid the Gothic vibration.
“The darker furniture also encroaches on a room and makes it cluttered. Heavy curtains can make a house look too dark, dark and dull, ”says Bedford.
Aim to maximize natural light as much as possible to brighten up a room and create an illusion of space.
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3. Adapt to the market
You should always style according to the taste of the target population. This means that if you are aiming to attract a family, it is better to opt for a look that matches what they need, such as a child's bedroom.
"Only 5% of people can visualize what you can do with empty space, and most people think that an empty room seems smaller than it is." By organizing each room in the house, you can show buyers how the areas can be best used, ”says Bedford.
Adding a personal touch here and there makes the property more attractive and can help a visitor better imagine it as their own home.
4. Clean up
Whichever way you choose to sell your home, cleanliness is crucial. You can have nice furniture and great lighting, but if it highlights dirt and grime, expect buyers to cancel the property.
And by cleaning, we don't just want to dust the cupboards – it also involves organizing the space as a whole so that it is neat. Sometimes you don't even need to make massive style changes – a tune-up will do!
DON'Ts
1. Do not accessorize badly
This comes down to knowing how much space you are working with. The furniture you choose to showcase shouldn't create unnecessary clutter and make a room smaller than it is. On the contrary, its size should be adapted to the room, leaving enough space for you and your guests to walk in it comfortably.
It is also wise to avoid using heavy and dark materials for your curtains, as this can make a house look dark and dark.
2. Do not interrupt the flow
Drainage is such an important aspect of a house. The rooms should be easily connected to each other, and the whole property should feel connected as a whole, even if each space has its own function.
Breaking this flow is like putting on a mismatched outfit – it shakes and distracts a visitor with minor details. Unfortunately, it can be fairly easy to make this mistake.
"Misplacement of furniture can stop the natural flow of the house," warns Bedford.
Ultimately, you want to organize the furniture so that the paths to the other rooms are not blocked. You should also make sure that the style of one room is not radically different from the appearance of the other, and that there is a common theme that brings it all together. .
"Only 5% of people can visualize what you can do with empty space, and most people think that an empty room looks smaller than it looks is "
3. Don't forget the external
The style of a house does not stop at interiors; buyers and tenants also look at the exterior of your property. You don't need to do much – just make sure your front yard is clean and aesthetically pleasing.
"Mow lawns, put fresh mulch on garden beds and add a touch of color with flowering plants near the front door," advises Bedford.
4. Remember what needs to be repaired / replaced
It can be tempting to let property damage slip, especially when you are looking to sell your home, making someone else's problem. But note that the dilapidation lowers the property's value, which means that all style efforts are ultimately in vain.
Bedford emphasizes that repairs and replacements should not be expensive.
"If the window furniture is not in excellent condition, replace it. You can do this for a small investment because most large home stores sell ready-to-hang curtains and blinds, ”she says.
"If a carpet looks tired, seriously consider replacing it. It is inexpensive and has a significant impact on the end result. "
