All Topics / Value Adding / DIY Property Styling made us $20-$25k!

Viewing 20 posts - 1 through 20 (of 31 total)
  • Profile photo of amyhunzamyhunz
    Participant
    @amyhunz
    Join Date: 2011
    Post Count: 64

    Just wanted to encourage anyone who's thinking about, or thought about the value of property styling for selling. We have just today signed a deal on a unit in Sydney that we believe we added $20k-$25k, just by completing the following:

    * Gave notice to tenants, Uni students who weren't doing the unit any favours in terms of presentation!
    * Repainted entire unit in a neutral shade
    * Re-carpeted (carpet was 10 years old)
    * Purchased new or near new furniture off eBay, Gumtree and used as display furniture. Kept it minimal, clean and modern
    * Ensured our RE Agent applied the best marketing techniques to push for a quick sale

    I'd be happy to email anyone pics of our efforts. All in all, it was worth the effort for the bottom line result!

    Profile photo of amyhunzamyhunz
    Participant
    @amyhunz
    Join Date: 2011
    Post Count: 64

    I should add, the above cost us approx $2,500 total. That includes $1900 in carpet, $400 in paint and only a minor outlay for display furniture as we will sell it all and acquire back at least 70% of our initial outlay (due to some serious bargain hunting on our part!). Some big ticket items (like the lounge, outdoor furniture set) we borrowed.

    Profile photo of Tony FlemingTony Fleming
    Participant
    @the-dark-knight
    Join Date: 2008
    Post Count: 396

    Good work im currently doing a reno and u really can see a big difference just by a few simple things.

    Tony

    Tony Fleming | Triumphant Property Group
    http://www.triumphantpropertygroup.com.au
    Email Me

    NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

    Profile photo of Mick CMick C
    Participant
    @shape
    Join Date: 2010
    Post Count: 1,099

    Good work!

    Would love to see the pics – could you email it too [email protected]

    Cheers!

    Mick C | Shape Home Loans
    http://www.shapehomeloans.com.au/
    Email Me | Phone Me

    Same Banks. Better Rates. Served With a Passion.

    Profile photo of TaylorChangTaylorChang
    Participant
    @scha9799
    Join Date: 2009
    Post Count: 234

    Thank you

    please also email me too [email protected]

    Thank you

    Taylor

    TaylorChang | Finance Broker
    Email Me | Phone Me

    Home loan | Commercial loan | 0414 691 517

    Profile photo of ananddanandd
    Participant
    @anandd
    Join Date: 2012
    Post Count: 58

    Great tips. SOmething I'll keep in mind when I'll sell mine.

    Profile photo of Tracey BTracey B
    Participant
    @tracey-b
    Join Date: 2009
    Post Count: 158

    I too would love to see the pics – [email protected].

    Thanks!

    Profile photo of Andrew_AAndrew_A
    Participant
    @andrew_a
    Join Date: 2003
    Post Count: 392

    I’m glad more sellers don’t do this, really makes it difficult to buy at a discount when a property is presented well :)

    Profile photo of joelzwjoelzw
    Participant
    @joelzw
    Join Date: 2010
    Post Count: 1

    Great work Amy. I’d appreciate a look at the pics – [email protected]

    Thanks!

    Profile photo of waydo77waydo77
    Participant
    @waydo77
    Join Date: 2011
    Post Count: 155

    i would like to see the pics too cheers- [email protected]

    Profile photo of CatalystCatalyst
    Participant
    @catalyst
    Join Date: 2008
    Post Count: 1,404

    Why is everyone asking to email pictures? Just put them here for everyone to see. Can I ask how you got the price comparison? A link to the property would be nice.

    Profile photo of Tony FlemingTony Fleming
    Participant
    @the-dark-knight
    Join Date: 2008
    Post Count: 396

    Classic catalyst once ive finished my floor ill put mine up with the flat pack kitchen

    Tony Fleming | Triumphant Property Group
    http://www.triumphantpropertygroup.com.au
    Email Me

    NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

    Profile photo of amyhunzamyhunz
    Participant
    @amyhunz
    Join Date: 2011
    Post Count: 64

    Catalyst – the price comparison came from recent sales in our block/ immediate area (PriceFinder) – of units with similar specs (size, aspect etc).

    As the unit is still in the cooling off period I'd prefer to retain privacy at this stage. As I said, I'd be happy to email pics to individuals and I have.

    Profile photo of grantos_champosgrantos_champos
    Member
    @grantos_champos
    Join Date: 2009
    Post Count: 106

    amyhunz I'd love to check the pics out – [email protected]
    ta

    Profile photo of Karen and JuneKaren and June
    Participant
    @karen-and-june
    Join Date: 2012
    Post Count: 8

    One of our very cheap styling tricks ; get a dead fridge from the tip. ours looks good on the outside even though it doesnt work
    Karen

    Profile photo of DWolfeDWolfe
    Participant
    @dwolfe
    Join Date: 2009
    Post Count: 1,253

    What a great result!!

    Me too, on the mass email :) [email protected]. Cheers!

    D

    DWolfe | www.homestagers.com.au
    http://www.homestagers.com.au
    Email Me

    Profile photo of amyhunzamyhunz
    Participant
    @amyhunz
    Join Date: 2011
    Post Count: 64

    Karen that's a great tip :) We got a broken, stainless steel fridge, only a few years old for free off Gumtree. We also got a broken, large plasma for $15 off Gumtree. Amazing what you find when you dig…

    Profile photo of Solomon10Solomon10
    Participant
    @solomon10
    Join Date: 2010
    Post Count: 135

    Excellent idea! I had wondered how all was so cheap,but being in non working order suits the display purpose perfectly,well done for thinking outside the box Amy

    Profile photo of Angel 13Angel 13
    Participant
    @angel-13
    Join Date: 2011
    Post Count: 20

    Hi i’d love to see the pics too. Please email to [email protected]
    Thanks

    Profile photo of xdrewxdrew
    Participant
    @xdrew
    Join Date: 2010
    Post Count: 479

    Here is one for when you get professional.

    I have an old lockup shop that I purchased many moons ago for a pittance.

    Its no longer any real value as a shop .. since the area has a proper mall nearby. So i got it as a commercial space .. for a couple of bucks instead of a heap of bucks.

    It has residential upstairs, so that has got rented out for a cheap but fair rent. I basically own the shop outright so as long as there is someone paying for upstairs thats fine by me.

    But here is the kicker.

    Downstairs is used as a storage compartment for everything i might need. Its got all the tinkery things I need for sprucing up a place .. a set of chairs, a cheap lounge setting .. a couple of vases … a bit of intricate lively carved bits of wood, a bookshelf and some blandish important looking books. Boxes of old documents and papers .. its like a storage facility without the ongoing hire costs. Cheap .. useful and brilliant. The renter pays the bills for me and the lot downstairs for storage is a freebie.

    The shop has a professional looking frontage so it looks occupied the whole time. It has a business title and no business phone  number. This is basically done to make it look occupied and prevent theft.

    So to sum up, I have turned a useless old shop into a storage area for my sprucing up stuff and old documents, and have a renter paying my overheads on the place. Capital gains? sure .. but in the meantime its got a use too.

    To scare you as to how cheap I purchased it .. it cost me 120,000 and I paid in cash. So eight years down the track .. its been not only a great idea .. but a hell of an investment too.

Viewing 20 posts - 1 through 20 (of 31 total)

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