To Sell or Not to Sell
In a fluctuating real estate market, deciding whether to sell or hold onto a property is a significant decision. To make an informed choice, it’s essential to understand current market dynamics and how strategic investments in property styling or interior design can influence outcomes.
For those considering selling, the market offers a mix of opportunities and challenges. Recent interest rate adjustments have created a more balanced market, presenting potential advantages for sellers. Data from the Real Estate Institute of New South Wales (REINSW) suggests that styled properties can sell up to 10% faster and achieve sale prices 5-10% higher than non-styled properties. It’s a clear indication that property styling is not just an aesthetic enhancement but a strategic investment that can lead to a higher return. By highlighting a home’s best features, property styling makes it stand out in a competitive market and attracts more buyers, creating a demand which may lead to an increase in sale price.
On the other hand, if selling isn’t your priority but improving your living space is, investing in interior design can offer compelling benefits in future. A survey conducted by the Housing Industry Association (HIA) in Australia found that well-executed interior design can increase a property’s value by up to 15%. Moreover, beyond financial gains, a thoughtfully designed home has been shown to enhance the occupants’ well-being and satisfaction. Whether you’re looking to improve comfort, functionality, or aesthetic appeal, interior design can transform your space into one that better meets your needs and reflects your personal style, while also adding long-term value to your property.
Ultimately, the decision to sell or hold depends on your individual circumstances and market insights. Whether you choose to style your property for sale or invest in your home’s interior, making a well-informed decision is crucial in effectively navigating Sydney’s real estate landscape. With years of experience, a great track record and holistic, end-to-end solutions, we’re here to help. Contact us today.