Selling a home can be a long process. But it doesn’t need to be. In accordance with Money, real estate experts at Realtor.com recently analyzed its home listings, tracking the details for the number of days each property is on the market and how many page views each house received. Realtor.com then compared that data to the houses’ features – like architectural style and home amenities – to help it determine which features are linked to quick sales.
5 features that sell your property quickly
So if you’re looking to sell your home and you have to do it quickly, these five home features often lead to faster “sold” signs in front yards!
Affordable price point:
This tends to come as no great surprise to you, but reported by Money, the greater your asking price, the longer it takes to find a buyer. “Houses listed between $200,000 and $250,000 sold in about 83 days, faster than those in any other price range,” Money said. “That’s compared to 133 days for homes priced between $2 million and $5 million.”
Medium-sized homes are “just right” for buyers: Although Realtor.com states that big homes tend to get more views than smaller homes on its website, which doesn’t necessarily equate to a quick sale. “McMansions are expensive to heat, cool and maintain,” explains NewHomeSource. The homes that typically sell the fastest through the site are approximately 1,500 to 2,000 square feet, and priced at about $194,000.
We love our stainless steel:
According to Redfin, stainless steel appliances are a hot selling point. While new appliance finishes like slate are beginning to gain traction, stainless steel is still the gold standard for kitchens these days.
Unique architecture:
If you are hoping to sell your Spanish-style home, you’re in luck. That architectural style is uncommon – making up just 1 % of listings on Realtor.com – and Spanish-style homes have a tendency to sell “incredibly quickly” since they are often located in hot areas like those in coastal California, according to Money. On the other hand, Victorian-style homes often spend quite a long time on the market, despite being priced much lower than their Spanish-style counterparts.
Schools:
In the event your “for sale” home is located near a very good school, you may be in for a fast sale. Realtor.com learned that homes near schools described as “best” or “top” got the most page views on its site and sold in 76 days on average. Homes located near a stadium also sold quickly (77 days).
Nick & Cindy Davis assist families in the Tampa Bay and surrounding areas in selling their current homes and either purchase their new home here or even anywhere in the US. We have a network of RE/MAX Agents throughout the US ready to assist you wherever you may be relocating. We are always accessible be either calling us at 813-300-7116 or simply click here and we will be in touch.