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What are some of the things that would devalue your house in the real estate market?

Posted on December 8, 2020December 15, 2020 by khansa

Several factors play a crucial role in determining the worth of your house. Some of the things include the location, the size of your home and usable space, the local market, and proximity to local schools. Although one cannot change some of these factors, some can be under the homeowner’s control. As an astute homeowner, you need to know some of the things that can increase your home’s value, as well as those that will decrease its worth. If you ever plan to sell your home, ensure that you avoid these things as they will devalue your home.

Choosing the wrong agent

When planning to sell your house, it is essential to have an agent. However, one needs to do thorough research of the agent and get to know how experienced they are regarding real estate marketing. Nowadays, there are several real estate companies where you can get agents who will give you good constructive and investment advice. However, you must have a look at the reviews to get to know the complaints, success stories, and experiences of those who went before you. By doing this, you avoid falling into the wrong hands. Real estate companies with agents who have your interest at heart will guide you on how to increase your home’s value, thus ensuring that you make maximum profits.

A kitschy kitchen

Potential buyers are interested in the kitchen as it is the heart of every home. Because of this, most people would prefer to renovate their kitchens. Some of the areas that you would consider when renovating are the sink, countertops, and cabinets. A kitchen with a sparkling new sink and the latest cabinet designs would entice people into buying. Though it can be costly to do a complete kitchen remodel, it would be worth it if you hire the right professionals for the job as it adds some value to your home and makes it more appealing to potential buyers.

Shouting colors and quirky decors

It is good to keep things simple when selling your home. It is important to use neutral colors that are universally appealing when painting and furniture that fits your home. Besides, when renovating, consider hiring a professional painter as you may not do it to perfection if you paint it yourself. Keep in mind that when agents conduct a valuation, and potential buyers visit your home, they will be keen on the details, which might devalue your home if you did not do it to perfection.

Curb appeal, especially the yard.

We all agree that the yard is the first thing that captures the buyer’s attention when looking for a home. Homeowners should prioritize, making their yards appealing and attractive. A house with a good yard will sell more than those in the market. A home with a rotting fence or fence that has been eaten up by termites would devalue its worth regardless of how beautiful it might look. Thanks to solutions pest and lawn since they come in handy in helping us control the pests before they do a lot of damage to our homes. However, one has to read through the reviews to know the complaints, success stories, and experiences of those who went before you. By doing this, you will be better positioned in deciding the shop that is worth buying from and what to buy.

Besides, artificial elements like swimming pools, waterfalls, and ponds will devalue your house, especially when potential buyers are young families with small kids. It would be best for you to match your landscape with your house’s style. Consider planting trees as apart from making your compound look pretty, they also give you a cool shade which increases your home’s value. Trees also help in purifying the air thus giving you a healthy environment that promotes a healthy mind.

Posted in buying a house, contractor, foreclosure homes, General Article, home for sale, hud homes for sale, real estate news

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