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How a budget-friendly makeover can increase your property value
In this episode of The Smart Property Investment Show, hosts Liam Garman and Emilie Lauer sit down with Tabitha Robb and Sam Davenport from Prop Culture to discuss how a small property glow-up can increase its value.
Tabitha and Sam, both former selling agents, now work as buyer advocates, helping clients navigate the property market in Melbourne and ensuring both sellers and buyers don’t make costly mistakes.
When selling a property, the Prop Culture co-founders emphasise the importance of creating a strong first impression, advising investors to be proactive with cost-effective upgrades like new carpets, painting cabinets or blinds for a significant return on investment.
Tabitha and Sam also believe investors should engage with the corporate body to make improvements, which can enhance the property’s appeal and value when selling or renting.
The group also discusses the possible revival of the Victorian property market, and while the recent interest rate cut may boost confidence among owner-occupiers, Tabitha and Sam are cautious about predicting a surge in investor activity.
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