Boston condos for sale: Selling tips
Boston condos for sale: Selling tips. I am often asked to recommend home improvements that will result in a higher sales price or a faster sale. Let’s not get carried away. People who are planning on moving soon usually don’t need to make a lot of expensive for Boston condo for sale improvements.
It is possible to spend too much time and money selling a Boston condo for sale. Sometimes sellers get carried away and spend money they won’t get back.
Should I do a complete remodel of the kitchen?
No. A complete remodel of the kitchen is a great example of spending too much money to sell a Boston condominium. Homeowners who lower their asking price because the kitchen is dated end up with more money in their pockets because the immediate return on investment for a new kitchen isn’t 100% it is less, depending upon the price range and its location.
If the kitchen is damaged or unusable then it should be repaired or upgraded. Go ahead and replace twenty-year-old appliances with new appliances that are comparable. It is important to keep it in character and the price range of the house.
An example of a good upgrade
Fresh paint, a new backsplash, and some new lighting cost a lot less than a new kitchen and the return can be more than 100%. Landscaping is also a great but often overlooked investment.
Even during the current seller’s market pricing is important. A lower price list price can mean a higher sale price as the home sells faster with more offers.
If the goal is to live in the home for the next several years then remodeling the kitchen makes sense but if the goal is to sell the property now for top dollar make smaller less expensive improvements.
When preparing a Boston condo for sale start with cleaning and decluttering. Removing excess furniture
Consider repainting rooms in lighter more neutral colors that will make rooms appear larger and cleaner. Replace bold and dark colors with shades of white, beige, and grey. Touch-up painted trim. The purple or dark green bathroom that the seller loves can be a minus in the eye of the buyer.
Make repairs where needed. In the eyes of a home buyer, needed repairs may look huge and expensive.
It is important to look at selling your home as a business transaction. It can be hard to be detached which is one of the reasons why people hire real estate agents.
Where is Ford Realty Located?
Ford Realty is located in 137 Charles Street in Beacon Hill
Byline – John Ford – Boston Seaport Condo Broker.
Boston Seaport Condos for Sale 500k and above
Boston Seaport Condos for Sale 500k and above for Boston Seaport Condos for Sale in 2024.
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Ford Realty Seaport Condos – Condo for Sale Office
Boston condos for sale – Ford Realty Inc
Updated: Boston Condos for Sale Blog 2024
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Boston downtown condo owners ready to make a move are definitely in a great position to sell today. The Boston real estate inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices.
In this Boston real estate market, condominiums are selling quickly. According to the National Association of Realtors (NAR), homes are typically on the market for just 18 short days. Despite the speed and opportunity for sellers, there are still steps you can take to prep your house to shine so you get the greatest possible return.
1. Make Boston Condo Buyers Feel at Home
One of the ways to make this happen is to take time to declutter. Pack away any personal items like pictures, awards, and sentimental belongings. The more neutral and tidy space, the easier it is for a buyer to picture themselves living there. According to the 2021 Profile of Home Staging by NAR:
“82% of buyers’ agents said staging a home made it easier for a buyer to visualize the property as a future home.”
Not only will your house potentially attract the attention of more buyers and likely sell quickly, but the same report also notes:
“Eighteen percent of sellers’ agents said home staging increased the dollar value of a residence between 6% and 10%.”
As Jessica Lautz, Vice President of Demographics and Behavior Insights for NAR, says:
“Staging a home helps consumers see the full potential of a given space or property…It features the home in its best light and helps would-be buyers envision its various possibilities.”
2. Keep Your Boston Condo Clean
On top of making an effort to declutter, it’s important to keep your Boston condo for sale neat and clean. Before a buyer stops by, be sure to pick up toys, make the beds, and wash the dishes. This is one more way to reduce the number of things that can distract a buyer from the appeal of the home.
Ensure your home smells fresh and clean as well. Boston condo buyers will remember the smell of your house, and according to the same report from NAR, the kitchen is one of the most important rooms of the house to focus on if you want to attract more buyers.
3. Give Boston Condo Buyers Access
Buyers are less likely to make an offer on your Boston downtown real estate if they aren’t able to easily schedule a time to check it out. If your home is available anytime, that opens up more opportunities for multiple buyers to go from curious to eager. It also allows buyers on tight schedules to still get in to see your house.
While health continues to be a great concern throughout the country, it’s important to work with your agent to find the best safety measures and digital practices for your listing. This will drive visibility and create access options that also keep everyone in the process safe.
4. Price Your Boston Condo Right
Even in a sellers’ market, it’s crucial to set your house at the right price to maximize selling potential. Pricing your house too high is actually a detriment to the sale. The goal is to drive high attention from competing buyers and let bidding wars push the final sales price up.
Work with your trusted real estate professional to determine the best list price for your house. Having an expert on your side in this process is truly essential.
5. Selling your home
When you’ve decided to sell your home, the last thing you want to do is spend money to spruce the place up. After all, whoever buys it is going to replace those outdated kitchen cabinets and grungy bathroom tiles anyway, right?
“We’re often asked why any money should be spent freshening,” said Mickey Conlon, an associate broker with Douglas Elliman Real Estate. “The answer has to do with the psychological effect of assessing a renovation on a prospective purchase. Buyers assign dollar values to repairs that typically exceed the actual cost of remediation.”
To get the best return on your investment — and avoid turning off potential buyers — you need to ensure your home looks its best when it hits the market. At the same time, you don’t want to waste effort or money on improvements that won’t pay off.
Boston Real Estate and the Bottom Line
If you want to sell on your terms, in the least amount of time, and for the best price, today’s market sets the stage to make that happen. Let’s connect today to determine the best ways to maximize the sale of your Boston downtown condo this year.
Read the full article here – good tips:
http://www.nytimes.com/2016/09/18/realestate/preparing-your-home-for-sale.html
Ford Realty Inc., Charles Street, Beacon Hill
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