4 things that affect the sale of your home

Detroit Real Estate, Michigan Homes for sale, Michigan Real estate


1) Location: You can't get away from this one. If your house is located with a view of a commercial property or backs up to a commercial property then your house is going to be lower in value than one with woods or nobody behind them.  If you have cell phone towers or electric towers, main road may decrease value.  How is your neighborhood?  A desirable area that is in demand, you will be able to get a higher price than you can for the same house in unkept up neighborhood.  You can not change the location.  You may have to lower the price to compensate for the location in order to get your home sold.

2) Price: Overpricing your home will keep it on the market longer, and in the long run you will usually get less for your home.  Read the CMA, study it.  It tells you what homes have sold for that are like yours and what your competition is.  Price it right!  Price it to sell!  That is the whole reason you list your home, to sell it. 

3)Condition: A house that has been better maintained and shows better will always sell for more than one that has had deferred (neglected) maintenance and needs work.  If your home needs work it is best to get the home into shape before you list it.

3) Desirable amenities: If a house has amenities that are currently popular in the marketplace, it will bring a higher price and sell quicker.  Right now granite counter tops and open layouts are popular in Michigan homes