As the seller, you can control three factors that will affect the sale of your home:
There are numerous other factors that still influence a buyer, however. North Texas home sellers must learn and understand these consumer trends before ever entering the real estate market. The more your home matches these important qualifications, the more competitive the home will be in the local real estate marketplace. It is your real estate agent’s job to advise you on how to best position and market your home to overcome any perceived disadvantages.
Unfortunately, the most influential factor in determining your home's appeal to buyers is something you can't control. Exactly where your home is located in the Greater Burleson area controls how home buyers judge its appeal. According to the National Association of REALTORS, the neighborhood quality tops the list of reasons why buyers choose to purchase certain homes. The second most influential factor in a home buyer’s decision is how long it takes them to commute to work and school.
While some buyers want to simplify their lives and downsize to a smaller home, the trend in home sizes in general keeps going larger. The average home has nearly doubled in size since the 1950s, and that statistic holds true for single-family homes in this area as well. Smaller homes typically appeal to first-time home buyers and "empty nesters," or couples whose children have grown up and moved out.
Preferences in floor plans and various amenities go in and out of fashion as tastes change in North Texas. One of your local real estate agent’s responsibilities includes letting home sellers know about current "hot ticket" items. Different amenities help sell homes in your market at any given time. Popular features may be hardwood flooring, detached garages, privacy fencing, or sunken tubs – market trends change constantly. If your home lacks certain trendy features, you might think renovation will 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 that type of investment is more likely to help or hinder the profit margin on your home or how long it spends on the market.
Call 817-988-8664 or contact us online to let The Green Team know how we can help you buy your dream home.
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