Property Investment Tips: Preparing your investments for summer sales

By the resi financial blog team, 02 September 2014

Preparing for summer auctions

With summer just around the corner, the property market is starting to gear up. If you're looking to sell your property in the coming months, it's worth considering renovations that will provide you with the greatest financial returns. For example, creating a great environment for entertaining could be a potential idea to look into as the weather gets warmer.

If you're after some ideas, here are some popular things Australians' look for when buying a home geared towards enjoying summer. 

A seamless indoor/outdoor flow

Renovating the property to create a connection between indoor and outdoor entertaining is a great way to work towards creating the ultimate summer pad. If you need to build a deck for this to happen, now is the best time to get on top of that. 

The main thing to keep in mind is that you'll need to be able to hold an outdoor table and chairs comfortably, while also potentially providing room for the barbecue and outdoor heaters. But be sure to get the right council approvals before proceeding with the construction of the deck - you don't want to get in trouble with the law due to ignorance. 

Backyard pool

Another option to consider is installing a pool in your property's backyard. Nothing makes a home more appropriate for summer than having your own slice of watery paradise to soak in during the scorching Australian summer days. But again, there are a lot of safety related issues that need to be squared with the local council before proceeding with construction. 

One example is creating a fence that meets regulation is essential. This is to prevent children and other people from wandering into the pool's vicinity and prevent unfortunate situations from unfolding in the future. 

Furthermore, it could be worth trimming or cutting down any trees you have in the backyard near the fence. This is to stop young ones from being able to circumvent the fence by climbing the tree, defeating the purpose of installing the barrier in the first place. 

Lush garden & landscaping

Taking the time to ensure your backyard is equally as flash as your new decking and pool can help bring the whole layout together and convince potential buyers to give some consideration to your property. 

Things like new plants, ferns and trees in the backyard could be the first thing to look into. Consider the amount of work that will be necessary to maintain the garden and whether or not potential buyers will be interested in this degree of work. 

Finally, adding a bit of luxury and sophistication to your backyard with a water feature is a great way to help buyers connect, and fall in love with your property. 

Categories: Home Loans, Property Investment