condition

You’ve been thinking of listing your home for sale. If you want to sell there are a few things that you need to keep your attention focused upon. One is condition, one is price and the last is return on investment.

Condition of your property

The first thing you need to pay attention to is the condition of your property. Does it need updating? Walk from room to room and look with a critical eye.

Don’t look at it as your home with all the memories attached, look at it as if you are buying it. Would you pay top dollar? If not, make a list of things that need fixing, touching up and updating.

Ideas for updates

Take tours of model houses and see what types of finishes are in demand. Maybe they won’t be in your budget, but you will have ideas and can see if you can find a way to do something similar to your home. Then talk to a Realtor about what updates will bring you a good return on your investment. Remember, not all updates bring extra money, so be smart about where and what you are spending.

All of those lead to price considerations

If you don’t have the money to make big updates then ask that Realtor what the current value of your home could be. If that satisfies you, great. If not, then ask what is absolutely necessary to fix to get a better value. If you aren’t worried about budget as much, then your best bet is to ask your Realtor what is best to be done to get a great price, but not price your home out of the neighborhood.

Keep these things in mind and you’ll have the best outcome for your home!

When you think about selling your house the first thing you think of is price. But is price really all that important in selling? It’s more of a piece to a puzzle that ends in the sale of your home. Price isn’t the “be all end all”, other pieces play key roles too.

Price isn’t everything!

Now that I have your attention, let me say again, price isn’t the “be all end all”. Yes, it’s important in getting buyers to see your listing. Yes, it’s important in getting it right so it sells.

The importance of price isn’t being downplayed. What is also important are other things. Things like condition, amenities and location.

Location, condition, etc.

You know that when you looked for your current home you were looking for a lot of things other than price. You wanted a certain number of bedrooms and baths, a certain square footage. Most likely you didn’t want a home that needed a lot of updating.

In Florida a property with a pool is also a big selling point. So size, condition and home amenities were important in your search.

So why would you ignore those things when selling your house?

Have you seen the commercial for Trulia where they talk about “the house is only half of it?” The commercial is to advertise their map overlays to show things about the neighborhood where the listings are located. These overlays show crime, schools, traffic and so on.

Neighborhood amenities and location are super important. Some great research went into the basis of that commercial and Trulia along with Harris Polling found some numbers that might just open your eyes.

Neighborhood, square footage, etc.

According to the survey, 84 percent of Americans said that neighborhood is as important to their home search as the home itself and they would be willing to overlook or give up certain things to live in their ideal neighborhood. Things like a furnished basement (55 percent), square footage (33 percent), a garage (21 percent), or a yard (19 percent). Things like the safety of your neighborhood and its proximity to jobs, shopping and so on were very important.

For parents schools were even more important to them than the rest. While location isn’t something you can control, it is something you can play up if your home is located well. So stop making price your top priority.

Make the best things about your home the priority and you will get the price you want.