What’s Your Home Worth in Today’s Market?

 

Should you sell now or should you wait? Sometimes all you need is just a little bit of information to answer that question, and we can help. We know what buyers are willing to pay in today’s environment. The key is to know what price to list your home for based on recent sales in your neighborhood. You must also factor in your home’s unique features and how long you can wait to get the right offer. If you’re interested in finding out what your home is worth today, feel free to enter your address here. Check out the video to learn more.

Should I Make Repairs Before Listing My Home?

 

Going over the key reasons it’s worth it to fix your home before selling.

Many sellers have been asking me, 'Should I make repairs before listing my home?' The simple answer is yes. Although we're still in a seller's market, there are fewer buyers than there were during the recent peak. The upside is that the buyers who remain are serious about finding a home. However, with higher interest rates and rising home prices, it's crucial that your property is in excellent condition to attract them. That’s why today, I’m sharing three key steps you can take to ensure your home is market-ready before selling.

1. Have a pre-listing meeting. Meet with your agent before you list to go over which repairs are really worth it. Not every fix is worth your hard-earned money, so invest in repairs that will improve your home’s condition and net you a higher return on your investment. It might be worth it to pay for a pre-inspection before you list. This way, you can find exactly what might turn buyers away and fix it before you hit the open market. 

2. Choose between cosmetic and high-maintenance repairs. Most repairs fall into one of two categories: cosmetic repairs and high-maintenance repairs. Cosmetic repairs are usually optional and won’t be a sticking point in negotiations. However, they can net you a higher return on your investment. By completing the right repairs, you'll attract more offers from well-qualified buyers. Partnering with your agent to develop a strong marketing strategy can even spark a bidding war, which may naturally drive up your sale price.

3. Proper repairs expand your buyer pool. The condition of your home is the most important factor you can control when selling because it expands your buyer pool. In today’s market, there are fewer buyers due to interest rates and higher home prices; however, you can still attract a lot of demand with a property in good condition. If you do the proper repairs, you’ll have more offers coming in from better-qualified buyers. Work closely with your agent to create a strong marketing strategy, and you might even create a bidding war and naturally drive up your price. 

I always recommend sellers do repairs before listing, but it’s more important in this market than it ever has been before. If you’re wondering which repairs are worth doing or want to discuss a pre-listing strategy, just give me a call or send me an email. I’d love to hear from you!

Exclusive CNBC Interview: Chip Hodgkins Unveils the Future of Syracuse Real Estate!

 

Catch Chip Hodgkins, the powerhouse behind Central New York's top real estate team - Hodgkins Homes Team, in his latest CNBC interview! Discover why he's shaking up the Syracuse housing market and get exclusive insights into the trends shaping the real estate landscape. Don’t miss out—click the link to watch this must-see segment and see why Chip is the go-to expert in CNY real estate!