The Principal Team

If you’re thinking of remodeling your home before putting it on the market, you’ll want to know which projects appeal most to buyers and which ones pay back the money you’ll invest.

It’s really no secret that the exterior of your home is one of the most important factors when it comes to selling it. By preparing the exterior of your home before you sell it, you can make it look more attractive to potential buyers and increase the chances of selling your home quickly and for a higher price. 

No matter what you’ve heard, the truth is, you don’t really need professional help to get your home ready to sell. You just need the right guidance and some time.

You already know the real estate market has shifted in the past six months. In our area, the median price for a sold home peaked in April at $625,000 and was down to $585,000 last month.

We work with buyers and sellers and see trends in how each group looks at the market, so we want to share what we know.

Nationally, inventory – the number of homes for sale – has been falling for a long time and was at historic lows during 2020 and then fell even further in 2021. Inventory was meager, but demand increased. The increase was due to various factors, including record-low interest rates, a desire for more space, and a frenzy that made some buyers feel like they may be shut out of the market forever if they didn’t purchase a home.

When you sell your home, it’s vital that you understand the market and how pricing your property works. In fact, nothing has more of an impact on how fast your house will sell – and the quality of the offers you receive – than its price.