5 Things That Could Devalue a Property

We all want to get the best price for our property however sometimes there are issues that are in our control that might limit this. At Symonds Taylor Newcastle we always look to give the most practical and informative advice possible so here goes!

1. Poor Maintenance and Repairs

Buyers are keen observers, and signs of neglect can instantly turn them away. Ensure your property is well-maintained, addressing any issues like leaky taps, cracked walls, or broken fixtures. A fresh coat of paint and tidy landscaping go a long way.

2. Outdated Features and Décor

Old-fashioned wallpaper, shag carpets, or avocado-coloured appliances may evoke nostalgia, but they can deter buyers. Consider modernizing your property with neutral colours, contemporary fixtures, and energy-efficient appliances. 

3. Lack of Curb Appeal

First impressions matter! An unkempt garden, peeling paint, or a cluttered entrance can devalue your property. Enhance curb appeal by trimming hedges, planting flowers, and ensuring the front door is inviting. Remember, buyers often decide within seconds of seeing the exterior.

4. Undesirable Neighbours or Surroundings

While you can’t control your neighbours, you can highlight positive aspects. If your property is near a noisy pub or has an unpleasant view, emphasize other benefits like proximity to schools, parks, or public transport. Transparency is key.

5. Over & Under pricing

Setting an unrealistic price can backfire. Buyers research market trends and comparable properties. Work with a knowledgeable agent (like us!) to determine a fair price based on local market conditions. Remember, an overpriced or even underpriced property may raise suspicions.

We hope this tips prove helpful and if you are ready to sell your property? Contact our expert team at Symonds Taylor Newcastle for a free market appraisal and personalized advice. We’ll guide you through the process, ensuring a smooth experience. Happy selling!

Contact Symonds Taylor Newcastle:

  • 📞 Phone: 0191 338 9999
  • 📍 Address: 101 St Georges Terrace, Newcastle Upon Tyne NE2 2DN 
  • 📧 Email: [email protected]

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