If you are the owner of a dual-key condo, regular condo, flat, apartment, house or whatever else you can think of – we want to buy it. That’s right – we buy homes. And we do it for cash!
You can say goodbye to the hassle of working with agencies or having to wait for the buyer to save enough cash or to get approved for his loan – we are here and we bring our cash with us. This is what you need to know.
Now, to show you that we are absolutely legit and that it’s in our best interest as well as in yours to give you the accurate value for your home, we’ve taken it upon ourselves to provide you with some quick hints.
The following are some of the factors which are going to impact the overall value of the property that you want to sell. Let’s take a look.
Whether you are putting your home on the market, a first home buyer or you want to obtain an insurance cover for your home, you have to determine the value of your home. This is necessary to ensure that you sell or protect it accurately.
Though homes depreciate with time, some factors can accelerate the depreciation of your home. Read on to know these factors.
The location refers to the environment where your home is located. For example, the quality of schools, hospitals and other facilities available in the neighborhood. Also, the location of our home touches on the prices of other nearby homes.
Homes located in more developed geographical areas have a high value. For example, if your house is located in a geographical area where there are good security, good schools and hospitals, good infrastructure and much more, then, such a home will have a higher value as compared to a home located in a semi-arid area, where there is no water and good transport among other things. So always check on the location of your home to figure out how much you should list it for when it’s time to sell.
Size plays a significant role in determining the exact value of your home. A spacious home has a higher value than a less spacious home. In fact, most homebuyers prefer spacious home to small residences. However, they tend to avoid extremely large homes because the maintenance cost of a large home is high.
Therefore, the middle sized homes- not too large or too small, just the right size, tend to have a higher value than the small and less spacious residences.
Also, your home’s layout says a lot about its value. Homes with open layout are associated with a higher value than those with a closed layout. This is because homes with open plan appear larger than the homes with the closed layout. Also, homes that have few but large rooms have a higher value than homes which have small rooms.
Your home history doesn’t necessarily mean its age. It touches on what has been happening in that home. For example, if your home or was attacked by mold, then, its value tends to lower than homes which have a flawless history.
Remember, nowadays people are very concerned if the homes they intend to buy had a prior mold damage or fire. Most of the buyers shy away from homes that had such issues in the past.
Well, every homeowner aims at getting the top dollar for his or her home, and most of them have inflated ideas of what to expect as sale proceeds from their properties. However, homeowners should understand that the home valuation process is affected by many factors, and it can be complex sometimes. This article has successfully discussed the possible factors that make your home depreciate faster and the possible solution.
Now that you are well aware of the most important factors which are going to have a direct impact on the price of your property, it’s time to make the call. We are here to help you out.
We are a company with significant real estate experience behind our backs. This is why we value our reputation a lot. We are here for the long run and your feedback and personal opinion is absolutely critical for us. This is why you can rest assured that we are going to make sure that everything is handled as per the highest industry standards.
This is in our best interest and in yours as well.