Selling Your Home For The Maximum Value

By: Adrian Adams

If you're looking to sell your home in the near future, you want to get the absolute maximum value possible on the sale. That's no surprise, but often homeowners end up settling for less than they could have sold their house for if they had only made a few minor repairs and adjustments. What can you do to ensure you're not settling for less? Follow these simple steps to get your home ready for its appraisal and showing, and you could have several thousand dollars more in your pocket than you previously imagined!

1) Consider Your Home's Location
The location of your home will actually have a significant impact on the value of your house, and will dictate approximately how high or low your initial asking price should be.

If there's an empty lot next door, find out if there are any plans to develop that space - if stores or an office building are going in, your home's value will be reduced. However, if it's going to be turned into a park area or green space, it will be in your best interest and your property value will increase.

2) Consider The Housing Market
Is the housing market in your area a buyer's market or a seller's market? If homes in your area aren't selling as quickly as you like, you may be at a disadvantage. You'll be competing with other resellers and developers for fewer buyers, which means that you'll probably end up lowering your asking price in order to make the sale. However, if the market is hot, you should be able to get close to the price you want since houses are in high demand. If you can, wait until the market has turned in your favor, and then list your home. It's a fine line to balance, but if you keep a close eye on things, your Realtor should be able to help you out to make sure you list at the best time.

After you've done these few external steps, it's time to look inward - take some time to carry out these small adjustments inside your home, and watch the value increase!

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