Homeowners want an accurate, honest number when they ask what their property is worth. Shonda Foutz gives Lake Havasu homeowners a home value estimate they can actually trust.Two Decades of Real
Understanding the home buyer
Dated: February 22 2023
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| As the seller, you can control three factors that will affect the sale of your home: * The home's condition * Asking price * Marketing strategy Understanding the home buyer is critical, and it's important to note that there are numerous factors that influence a buyer, and you need to understand these consumer trends when you enter the sellers' market. The more your home matches these qualifications, the more competitive it will be in the marketplace. Your real estate agent can advise you on how to best position and market your home to overcome any perceived downsides. Location Unfortunately, the most influential factor in determining your home's appeal to buyers is something you can't control: its location. According to the National Association of REALTORS(r), neighborhood quality is the No. 1 reason buyers choose certain homes. The second most influential factor is commute times to work and school. Size While some buyers want to simplify their lives and downsize to a smaller home, home sizes in general have continued to increase over the decades, nearly doubling in size since the 1950s. Smaller homes typically appeal to first-time home buyers and "empty nesters," or couples whose children have grown up and moved out. Average size to large homes are generally purchased by middle class up to affluent buyers. Amenities Preferences in floor plans and amenities go in and out of fashion, and your real estate agent can inform you of the "hot ticket" items that are selling homes in your market. If your home lacks certain features, you can renovate to increase its appeal, but be forewarned: That's not always the right move. Using market conditions and activity in your neighborhood as a gauge, your agent can help you determine whether the investment is likely to help or hinder your profit margin and time on the market. |
KAMRYN CRISP
Kamryn Crisp is a seasoned Realtor in Lake Havasu City with over two decades of experience in resort homes, short sales, and foreclosures, escrow and lending. She believes every home has a story, and ....
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The information being provided by Western Arizona Realtor Data Exchange is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Western Arizona Realtor Data Exchange. Realty ONE Group Mountain Desert - Lake Havasu is not a Multiple Listing Service
The information being provided by Lake Havasu Association MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Lake Havasu Association MLS. Realty ONE Group Mountain Desert - Lake Havasu is not a Multiple Listing Service (MLS), nor does it
