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Showing posts with label PropertyValue. Show all posts
Showing posts with label PropertyValue. Show all posts

Wednesday, 6 November 2024

Curb appeal can enhance a home’s value



15% increase in a home’s value if it is wellmaintained and landscaped ■ 88% faster sales when a home is staged for prospective buyers ■ 8 seconds for the buyer to decide whether they want to view the interior

First impressions matter and this could not be more true when it comes to viewing a home with a prospective buyer.

in the fast-paced Malaysian real estate market, properties are constantly competing for attention, often relying on their curb appeal to stand out.

Curb appeal is frequently overlooked but it can significantly influence a property’s market value and the speed at which it sells. Homes with strong curb appeal typically spend less time on the market.

When a potential buyer first sees a property in person – rather than through an airbrushed photo online – their reaction can go one of three ways: they may be impressed, left scratching their head or even horrified.

this initial, often subconscious, impression will heavily influence their decision to explore the interior or move on to the next listing.

studies show that buyers often make snap judgments about a property within seconds of viewing it. A home’s value can increase by up to 15% if it is well-maintained and landscaped.

A welcoming facade can instantly capture attention and create a positive first impression.

Conversely, an unkempt or neglected exterior can deter potential buyers and negatively affect the property’s perceived value.

What is Malaysia’s unique curb appeal?

Malaysia’s curb appeal is uniquely influenced by its rich cultural heritage and tropical climate. traditional Malay homes, adorned with intricately carved wooden details and vibrant colours, offer a charm that captures the essence of the region.

Chinese and indian architectural styles also contribute to this aesthetic diversity, creating a harmonious blend of influences.

in recent years, sleek, modern minimalist designs have gained popularity, often integrating natural elements and emphasising sustainability, reflecting a growing appreciation for both elegance and environmental consciousness.

regardless of the architectural style, maintaining an inviting exterior is essential in Malaysian culture. Lush greenery, clean lines and a sense of organised beauty are highly valued.

imagine a manicured lawn bordered by vibrant flower beds, with neatly trimmed hedges framing the property – this greatly enhances a home’s overall curb appeal.

Investing in exterior pays off

Landscaping is a crucial element of curb appeal. A well-maintained lawn serves as the foundation, providing a backdrop for colourful flowers, eye-catching shrubs and majestic trees that add both colour and texture to the landscape.

Mulching garden beds not only nourishes the soil but also creates a polished, tidy appearance, giving the home a well-cared-for look.

the choice of exterior paint is another important factor in a home’s aesthetic appeal.

selecting colours that complement the architectural style and blend with the neighbourhood can create a cohesive look.

timeless neutral tones like soft white, warm beige and muted grey evoke a sense of elegance and calm.

A fresh coat of paint, especially when details like window frames and doors are refreshed, can breathe new life into a home’s exterior.

Driveways and walkways, often overlooked, can also dramatically affect curb appeal.

An uneven or cracked driveway is an eyesore but resurfacing or repainting these areas can restore their charm.

regular cleaning and removing debris ensure a pristine appearance, while power washing can remove dirt and grime, bringing surfaces back to their original condition.

the front door is the focal point of a home’s exterior.

Choosing a bold colour or unique architectural design can make a striking first impression.

Upgrading the hardware or adding stylish lighting fixtures can further enhance the door’s appeal, drawing the eye and inviting curiosity.

Lighting is another critical component of curb appeal.

thoughtfully placed outdoor lighting can highlight the home’s best features, even after dark. illuminating walkways, gardens and the front door not only improves safety but also creates a warm, welcoming atmosphere.

Finally, decluttering and organising exterior spaces is essential.

removing clutter from the front porch, driveway and garden fosters a clean and inviting environment that will impress potential buyers.

A well-maintained exterior reflects the care and attention given to the home, making it a truly appealing space.

Different property types, different jobs

For many Malaysians who live in condominiums, professional landscaping is typically managed by the property management in the common areas.

the landscaping needs of each condominium differ and professional landscapers provide unique solutions based on the property’s requirements.

Whether it’s planting pathways and installing lighting for safety, designing play areas for children, or creating relaxing spaces with shaded seating areas, their expertise ensures that the outdoor spaces meet the residents’ practical needs while also looking beautiful.

A home’s curb appeal is a powerful tool that can significantly impact its market value and the speed of its sale.

By investing time and effort into landscaping, exterior paint, driveway and walkway maintenance, front door enhancements, lighting and decluttering, homeowners can create a lasting first impression that draws potential buyers.

in the diverse and vibrant landscape of Malaysian real estate, curb appeal is a key factor that differentiates properties and attracts discerning buyers.

By understanding the cultural nuances and architectural styles that define Malaysian homes, homeowners can enhance their property’s aesthetic appeal and create a welcoming environment.

Embracing the power of landscaping, exterior upgrades and thoughtful design ensures that a property stands out in the competitive real estate market.

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