The real estate market in Mount Gambier continues to see growth. According to realestate.com.au, the median market price for a Mount Gambier home currently sits at $400,000, a 9.6% increase from 12 months prior. If you have intentions to sell your home and want to prepare for the selling process, we offer some steps to help get you ready;
Market Appraisal:
A comprehensive market appraisal is an essential step in the process. Understanding the factors influencing property prices in our local market is crucial. The property’s location, size, condition and demand significantly determine its value. By conducting a thorough market analysis; your agent can set the right asking price, ensuring your property is competitive and appealing to potential buyers – ultimately increasing your chances of a successful sale.
Choosing the Right Real Estate Agent:
A professional real estate agent brings invaluable expertise to selling your home, from setting the right price and marketing your property effectively to negotiating deals and guiding you through the entire process.
Curb Appeal Matters:
First impressions count when selling your home. Curb appeal sets the stage for potential buyers’ expectations. Start by giving your home’s exterior a fresh look through landscaping by tidying up the yard and trimming any hedges. Apply a fresh coat of paint if needed and attend to any required general maintenance. A well-maintained exterior not only makes your property more attractive but also signals to buyers that the interior is likely in good condition as well.
Home Staging:
Home staging is about transforming your living space into a buyer’s dream; the benefits can be substantial. By decluttering and depersonalizing your home, you allow potential buyers to envision themselves living in the space. Remove personal photographs and knickknacks to create a blank canvas that appeals to a broader audience.
Repairs and Upgrades:
Before putting your home on the market, addressing necessary repairs and considering strategic upgrades is crucial. Investing in ensuring all fixtures and fittings around the home like leaky taps, electrical problems, or a damaged roof are in working order, not only ensures a smoother sale process but can also boost your home’s value. In addition, focusing on key areas like the kitchen and bathroom can be particularly rewarding. Please speak to our Sales Consultants, Jessie or Kim today who can assist with assessing and planning repair or upgrade needs.
Legal Requirements:
From contracts and disclosures to title transfers, it’s essential to be well-informed. Selecting a reputable conveyancer is wise, as they will handle the complex legalities, ensuring a seamless transfer of property ownership upon settlement. Additionally, it’s important to prepare by collating essential documents like recent rates notices and any strata account information. Being organized and having the right professionals by your side can help you avoid potential legal hiccups and streamline the selling process, allowing you to move forward with confidence and peace of mind.
Timeline and Planning:
After securing a real estate consultant for your property, your sales consultant will discuss their selling process so you understand what will happen and when. Generally, preparing your home for sale and arranging professional marketing resources will take one to two weeks. Once professional advertising has begun, you can expect open home inspections to source serious buyers and allow offer negotiations to begin. It is impossible to provide an exact time frame for your property to sell, but the current median days on the market for Mount Gambier homes sit at 52 days, meaning many homes are still selling quickly.
Visit our website for further information on the selling process: https://www.completerealestate.net.au/sell/
When it comes to the Mount Gambier market, our experienced sales consultants can assist you with preparing and selling your home. Call Kim or Jessie today on 0499 165 271 or 08 8762 5290 to discuss your real estate needs.
