4 Questions to Ask Before Selling a House
Selling your house is a big financial and emotional task, which requires lots of planning. Before you decide to put your house on the market, here are four questions to consider.
Several factors go into determining your house’s market value. These include the condition of the property, square footage, location, amenities, as well as recent comparable property sales. For a snapshot of your house’s current value, you can enter your address into a FREE online house price estimator tool. And remember, your property tax bill is your house’s tax assessed value for tax purposes, and not necessarily your house’s fair market value.
There are several simple, low-cost things you can do to boost the value of your house. These include eliminating clutter, washing windows and walls, and installing higher wattage bulbs to create a brighter environment. Larger projects, like adding bedrooms and renovating kitchens and bathrooms, typically yield more substantial increases in sales price. Staging your house, which helps paint a picture for how buyers will use their new space, can also add value.
The time your house spends on the market depends on several factors, including location, how competitively your house is priced, and how aggressively your house is marketed. Statistics show that if a house is properly priced, an offer should come in within the first 12 showings. If you want to speed up the sales process, don’t underestimate the value of staging. Research shows that well-staged houses can sell up to 32 percent faster than houses that aren’t staged.
BorderView Realty can help with all aspects of the selling process, from pricing to marketing to handling the intricacies of closing. We will negotiate on your behalf to secure the best price – and quickest sale – possible!
We're not asking for a commitment, just an opportunity to make a new friend! As we get to know each other, we hope to earn your trust and connect you with the right people - together we'll chart the right course for the journey towards the successful sale of your house.
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