Buyers generally seek the least expensive home in the best neighborhood they can handle. As such, you want to present a home that fits in the neighborhood but doesn’t stand out too much.
For example, if the other houses in the neighborhood are all 4 bedrooms, 3 baths and 3000 square feet, additions that turn your home into 5 bedrooms, 4 baths, and 4000 square feet will make yours harder to sell.
This is because buyers will look to other—likely more affordable—houses in the same neighborhood. Improvements should make a house show well and fit well in the neighborhood. Last-minute capital investments in large structural changes aren’t likely to pay off.
But cosmetic upgrades like painting and landscaping help a home “show” better and often do pay off. Same amenities (and price range) as the other houses but better style? Now that sounds like a winner!
Of course, all systems and appliances need to work if you want to get a top price. To give your home a competitive edge and attract buyers and bids, work with a professional real estate agent and start early.
At Title Junction we care about helping you stay informed throughout your real estate transaction. Have questions? Give us a call at 239.415.6574.
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