The majority of home sellers look for ways to raise the value of their properties while overlooking the things that can devalue them. If you want to be a profitable home seller, you need to know what raises the value of a home as well as what devalues it.
Below, we cover the common home-devaluers in detail so you know how to avoid them. So if you’ve been thinking “I need to sell my house fast in Glendora,” read on!
Unfortunately, you can’t do much about this one. If your neighborhood isn’t the best, your home isn’t going to fetch a high price. For example, if there’s a lot of noise pollution because it’s near an airport or railroad tracks, its value will suffer. Have a neighbor who likes to throw wild parties? Do they also have noisy dogs and a yard littered with junk? They’ll also devalue your home.
Failed DIY Projects
Are you planning to renovate the bathroom, update the kitchen, or install a deck? Hiring a professional for larger remodels and upgrades is advisable, even if you’re an expert with small-scale DIY projects. Incomplete projects and lackluster work can both reduce your home’s value.
When buyers pull up to an open house, the first thing they’re going to see is your home’s exterior. And since your exterior is what’s going to be making the first impression, it needs to be in good condition. Peeling paint, clogged gutters, and an overgrown lawn can all put a bad taste in the mouths of buyers.
Your exterior isn’t the only thing that has to be perfect—the interior must be in great shape too. Are your belongings causing the house to look cluttered? Do all the walls in your house include family photos? These problems are easy to fix, but if you don’t find the time to address them, your home might not sell for the price you’ve listed it for.
Home improvement projects will raise a home’s property value—sometimes. In truth, certain improvements may make your home unappealing, which will be a problem when it’s time to sell.
A Death In The Home
If someone died in the home recently, a lot of buyers will want nothing to do with it. This is especially true if the death was the result of a murder or suicide.
Even though many of these devaluers are beyond your control, it’s crucial to understand how they impact the value of your home. Keeping your property in good condition and making appropriate changes over time will help you earn top dollar when it’s time to sell.
Contact Diamond Home Buyers if you want to skip all these hassles and sell your home as is and for a fair price. We buy houses in Glendora without charging fees or commissions, and we can close in as little as 30 days.