A Tasmanian home being inspected for property valuation

How to Increase Your Property Value Before a Valuation in Tasmania

A property valuation can significantly impact your selling price, refinancing terms, and investment opportunities. Whether you’re preparing for a home sale, mortgage application, or investment property assessment, taking steps to increase your property value before a valuation can lead to higher returns and better financial outcomes.

Valuers consider multiple factors, including property condition, recent renovations, and market appeal. Simple improvements can boost your valuation and set your property apart in Tasmania’s competitive market.

This article explores practical ways to enhance your home’s value before a professional valuation.

 

Improve Street Appeal

Why It Matters:

First impressions influence property valuers. A well-maintained exterior can immediately add value to your home.

Ways to Improve Street Appeal:

  • Maintain the lawn and garden – Trim overgrown trees and add fresh mulch or plants
  • Paint the front door and exterior – A fresh coat of paint improves curb appeal
  • Upgrade outdoor lighting – Well-lit pathways enhance security and aesthetics
  • Repair fences, driveways, and footpaths – Address any visible damage

 

Enhance Interior Presentation

Why It Matters:

A clean, well-presented interior helps valuers see the full potential of the home.

Ways to Improve Interior Appeal:

  • Declutter and depersonalise – Create a spacious, neutral space
  • Deep clean the entire property – Pay attention to carpets, walls, and windows
  • Apply fresh paint in neutral tones – Modern colours can brighten up spaces
  • Maximise natural light – Open curtains and clean windows before valuation day

 

Conduct Minor Repairs and Maintenance

Why It Matters:

Valuers take note of visible wear and tear, which can negatively impact your valuation.

Common Repairs to Address:

  • Fix leaking taps and plumbing issues
  • Repair cracked walls, ceilings, and peeling paint
  • Ensure doors and windows open and close properly
  • Check electrical outlets and light fixtures for functionality

 

Upgrade Key Areas (Kitchen & Bathrooms)

Why It Matters:

Kitchens and bathrooms heavily influence property valuations. Even minor upgrades can increase value without full renovations.

Cost-Effective Kitchen Upgrades:

  • Replace outdated cabinet handles and fixtures
  • Upgrade benchtops if they are worn or damaged
  • Install modern lighting and splashbacks

Simple Bathroom Improvements:

  • Re-grout tiles and clean shower screens
  • Install new taps, mirrors, and vanity hardware
  • Ensure plumbing fixtures are in top condition

 

Energy Efficiency Improvements

Why It Matters:

Energy-efficient homes are increasingly valuable in Tasmania, where sustainability is a growing priority.

Ways to Improve Energy Efficiency:

  • Install LED lighting to reduce energy consumption
  • Upgrade insulation to improve home heating and cooling
  • Consider solar panels to enhance long-term property value
  • Seal windows and doors to improve energy efficiency

 

Showcase Storage Space

Why It Matters:

Buyers and valuers appreciate well-organised storage solutions, which make homes more functional and attractive.

Ways to Improve Storage:

  • Install built-in wardrobes or shelving in bedrooms
  • Maximise pantry space with additional storage solutions
  • Use smart storage options in smaller rooms to create a sense of spaciousness

 

Highlight Outdoor Living Areas

Why It Matters:

Tasmanian properties with well-maintained outdoor spaces are highly desirable, especially in coastal and suburban areas.

Ways to Enhance Outdoor Living Spaces:

Clean and maintain patios, decks, or balconies
Invest in outdoor furniture or seating areas
Add potted plants or decorative elements to improve ambiance

 

Present Well on Valuation Day

Why It Matters:

Even if your home is well-maintained, how it looks on valuation day can impact the final result.

How to Prepare for Valuation Day:

  • Ensure the home is spotless – A clean space leaves a positive impression
  • Allow natural light in – Open blinds and curtains
  • Provide easy access to all areas – Avoid locked rooms or blocked spaces
  • Be available to answer valuer questions – Highlight recent upgrades or property features

 

Understand Local Market Trends

Why It Matters:

Your home’s value is influenced by market conditions and recent sales in the area.

How to Stay Informed:

Research recent sales in your suburb to understand pricing trends
Follow Tasmania’s real estate market reports for updates
Consult a local valuer for a pre-valuation assessment

 

How Much Value Can Improvements Add?

Even small upgrades and repairs can add thousands to a property’s valuation.

Improvement Type Estimated Value Increase
Basic cosmetic updates (painting, cleaning) $5,000 – $15,000
Minor kitchen and bathroom updates $10,000 – $30,000
Landscaping and outdoor improvements $5,000 – $20,000
Structural repairs and renovations $20,000 – $50,000+

Larger renovations may provide higher returns, but even simple, cost-effective upgrades can improve valuation outcomes.

 

Conclusion

Taking the time to prepare your property before a valuation can lead to better financial results when selling, refinancing, or investing.

  • Improve street appeal and presentation to make a strong first impression
  • Make cost-effective upgrades to kitchens, bathrooms, and outdoor areas
  • Ensure repairs and maintenance are up to date to avoid devaluation
  • Work with a professional property valuer to assess market trends and improvements

If you’re preparing for a property valuation in Tasmania, making these small but impactful changes can help maximise your home’s market value.