Published at Monday, April 08th, 2019 - 21:42:17 PM. Home Decoration. By Alrik Schulze.
Price the listing competitively. Be sure to compare apples to apples—if you look at comparable houses without garages, youll get a lower listing price and appraised value than those with garages. How much less depends on the importance of this feature in the area. In Roachs Sarasota neighborhood, most homes are built with garages since buyers want to protect their cars from the sun and oxidizing salt, have a place to store their beach gear, and protect their possessions from vandals if they head north for an extended period. Therefore, she says the absence of a garage can decrease the appraised value by as much as 20 percent. But those whove been priced out of certain neighborhoods may find the savings appealing.
How you can take action: Your sellers dont have to revamp rooms completely. Make suggestions on incorporating a few pieces to get the look. “You can capture a concept with a single well-chosen piece. Make it bold, beautiful, and memorable, and your listing will stand out in buyers minds,” Chandler says. How you can take action: This small livable option can be a good investment for your buyers. Find out if there are any developments in the works in your market. “Many pay higher prices for lower-square-foot rentals,” Hunt says.
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