There are many factors when selling your home. These factors can affect how quickly you can sell your home and what price you get for it. One of the most important factors to consider when selling your home is what condition you sell it in.
Move-in Ready
When most people think about selling their home, they probably think of selling it in a move-in condition. A move-in ready home is exactly what it sounds like: completely ready for new owners to move into without needing to do any additional renovations. Traditional buyers on the housing market love move-in ready houses because they are buying these properties for themselves and their families. They usually don’t want to spend any extra time or money on fixing up the house. Thus, the value of your home increases if it is move-in ready. This is a great option to shoot for if you have enough time and money to spend on renovations.
Mid-Renovation
If you don’t have enough time or money to spend on renovations, you might sell your home mid-renovation. Less picky buyers on the traditional housing market won’t mind that your home isn’t fully renovated. As long as renovations are started, they can have something to work with and can use some creative liberty to finish the renovations. You should keep in mind, however, that a house in the middle of renovations can look unfinished and messy, lowering its overall value.
As-is
If you don’t want to deal with even starting renovations, you can sell your home completely as-is. Traditional buyers may try to lowball you since they believe you aren’t selling a complete or market-level home. However, you can still get a decent price by selling to a cash homebuying company. These types of companies often buy properties with the intent of renovating them themselves, so they are always willing to buy houses as-is. They evaluate the intrinsic value of the home rather than its superficial features.
Contrary to what you might think, you don’t have to complete elaborate renovations to market your home better. You can save a lot of time and money by choosing to do fewer renovations. There will always be someone willing to buy your home in whatever condition it’s in, so you just need to make sure you are working with a legitimate buyer.
To learn more about how easy it is to sell your home as-is, reach out to Taggart Property here and we can answer all of your questions!