Q. I know similar homes sell for different prices based on condition. What can we do to our home to get top dollar when we decide to sell?
A. Based on your financial situation, do some type of updating every year. From painting or adding new flooring, to
kitchen or bath remodeling. Many of these updates can be done yourself. Flooring is so easy to install now & all the big home improvement stores will provide expert consultation. You can even Google: How do I install a wood laminate floor?
Getting top dollar is the result of supply & demand. If the supply of sharp, updated homes is low, which it usually is, your updated home will get top dollar: Low supply, high demand. If your home wow factor is average or below, you will have lots of competition: Supply is high, demand is low. This will drive your home price lower, because you have lots of competition. We are currently in a buyers market. Buyers will choose the best deal based on condition & price.
The bottom line is keep your home updated. You will not only enjoy the beauty while living in your home, you will get top dollar when you decide to sell. When we do market evaluations for our customers, we make suggestions that will help them get the best possible price for their home. We would be happy to assist you.
A. Based on your financial situation, do some type of updating every year. From painting or adding new flooring, to
kitchen or bath remodeling. Many of these updates can be done yourself. Flooring is so easy to install now & all the big home improvement stores will provide expert consultation. You can even Google: How do I install a wood laminate floor?
Getting top dollar is the result of supply & demand. If the supply of sharp, updated homes is low, which it usually is, your updated home will get top dollar: Low supply, high demand. If your home wow factor is average or below, you will have lots of competition: Supply is high, demand is low. This will drive your home price lower, because you have lots of competition. We are currently in a buyers market. Buyers will choose the best deal based on condition & price.
The bottom line is keep your home updated. You will not only enjoy the beauty while living in your home, you will get top dollar when you decide to sell. When we do market evaluations for our customers, we make suggestions that will help them get the best possible price for their home. We would be happy to assist you.
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