How To Know If My Home Is A Ranch Style Problems Selling Your House? Here Are the Reasons Homes Don’t Sell

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Problems Selling Your House? Here Are the Reasons Homes Don’t Sell

If your home has been on the market for many months without receiving any offers, what could be the problem? Of course, when the economy is down, houses don’t move as fast. But right now the real estate market seems to be coming back. Many houses move quite quickly. If you are frustrated by the lack of interest in your home, perhaps you should consider the following suggestions.

Is your home competitively priced? Many homes are selling quickly today because prices continue to fall and interest rates are at record lows. This is not a good time to ask more for your home than its true market value. Buyers have many home options and most couples won’t overpay for a home, not even yours!

How do you know if your home is priced fairly? The method used by most real estate agents is to compare your home to similar homes that have sold in your neighborhood. It is important not to compare apples with oranges. If your house is a ranch you can’t compare it to a two story house. Comparable homes must have approximately the same square footage and lot size, the same number of bathrooms and bedrooms, and must be approximately the same age and construction.

Often, the homes they sold did so for a variety of prices. For example, your agent might tell you that one house sold for $200,000 and another for $250,000. When this happens, you should look at both houses and compare other features. For example, the higher priced home may have an updated kitchen with new appliances, new hardwood floors, and perhaps a finished basement.

The lower priced house might not have any of those. You might think you can automatically price your home at the high end of the price range. If your home has all the same new features, you probably can. However, if your house looks more like the lower priced house, then you have to face reality.

Should you make improvements to your home to increase the price? yes and no You don’t want to spend $50,000 on a new kitchen and finished basement if all you’re going to get back is your initial investment. However, there are improvements you can make that will give you a good return.

The curb appeal is very important. Make sure your lawn is in top condition and is mowed and mowed. Flower beds should be free of weeds and freshly mulched. Shrubs and hedges should be trimmed and no debris should be found in the garden.

Fresh paint is an inexpensive improvement, but it will make a big difference. Also, make sure you deep clean the house from top to bottom. If for some reason you can’t do that, spend a few hundred dollars and have professionals come in and clean everything thoroughly.

If your home is priced right and everything is bright, fresh and clean, your home will sell. Before you get frustrated and do something rash, follow these simple tips and watch all the new interest as potential buyers view your home.

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