If you have never sold your home before, you may be unaware of the barriers you will run into when starting to market the property. With an increase in home amenities desired by potential buyers, just listing your home with an agent may not be enough to get the price that you want. New homebuyers are generally looking for two types of homes – either ones that are new and have all the upgrades for 2019, or homes that are identified as fixer-uppers. Each home type offers its own advantages to the homebuyer; however, they can vary greatly in price. Your home however, most likely the home that falls between these categories – the home that has some wear and tear, but not any severe damage – can be primarily identified as “hard to sell” in the local market.
What Upgrades Are Homebuyers Looking For:
If you would like to take your chances and sell your home on the open market, there are specific upgrades that homebuyers are looking for. For 2019, here are the most popular ones.
- New Roofs. Given the annual storms that can drastically impact the quality of one’s roof, many homebuyers are interested in purchasing homes that have new roofs – that is, ones that have been installed since that last major storm. Unfortunately, the large number of homes that were destroyed following Storm Harvey created an uneven market. Since a majority of homes were demolished during the storm, a large number of the homes currently available have either been rebuilt or have had a new roof installed. If you were lucky enough to not experience severe roof damage, you may be out of luck when it comes to selling your home.
- Interior Upgrades: You may have been living in your home for years and find that the quaint family feel is something missing in today’s available properties. However, most homebuyers are millennials and they are looking for homes that are newly renovated. Homebuyers are looking for upgraded appliances (preferably eco-friendly ones) and open concept rooms. If your home is an older design and has walls obstructing the flow, it may be difficult to find a buyer.
- Storage and Organization: We are not only talking about adding cabinets, but rather creating spaces to assist in organization. The first trend that caught on related to this concept was with closet organizers, which became popular in the early 2000’s. Now, we are seeing that all aspects of homes are provided with shelves and organizational units to help people with removing clutter.
Expectation of Inspections
Outside of upgrades, homebuyers in Baytown are also requesting that all potential homes have the appropriate inspections completed before closing. Again, due to the severe weather conditions, often times there are unnoticed problems with the home. And these problems can prevent a buyer from closing escrow. The most common inspections that homebuyers will request include: the foundation and structure, HVAC, and plumping. These inspections can be costly, and the fee is generally issued to the seller.
How to Avoid these Renovations and Inspections
Selling your home “as-is” is one way to avoid these expected renovations and inspections. This means that you can sell your home in its current state, without completing any repairs.
We here at Gulf State Homebuyers do just that – we purchase homes in the Baytown market as-is. Therefore, if your home is outdated or has been affected by weather storms, we will buy the home from you and you will not be expected to fix anything. You may be asking, “why would we do this?” Well, this is simple. We see the potential in each home we buy. We have an in-depth understanding of the real estate market and we have close connections with contractors in the area. These combined provide us with an opportunity to buy homes from homeowners at competitive prices. We do not drastically reduce the value of your home because of its downsides – instead, we see its potential and we make an offer comparable to what you would sell it for on the market. We also remove the need for you to waste time marketing your home – so you don’t need to worry about whether or not you will get more if you complete the repairs.
No matter the reason you are interested in selling your home, selecting us as your all cash buyer can make the process quick and easy. We provide home evaluations and can make an offer and close within a week. We do not request any inspections and we help you transition more smoothly. If you are interested in selling your home as-is, contact us today.