There is a multitude of factors that will influence the sale price of a home. After many years of experience developing display homes, I have witnessed the detail that goes into presenting a property. I subsequently appreciate the detail that goes into every part of the marketing and sale of a home.
However, right now 3 fundamental factors could mean your home is worth more than you think.
1/The Market
The Market is the conditions under which the consumer purchases or sell a home. The higher the number properties for sale in a location the more options buyers have. A very general overview is the number of properties for sale. Is it higher than average or lower than average? Added to this, the local conditions can vary dramatically.
Right now there is a real shortage of properties for sale in some areas. ✔
2/Strategy
Who you target and how can have a massive impact on your sale price. As recently as last month I encountered several situations where properties were valued substantially more as land than as a house to live in. In all situations apart from the most simple, it pays to consider all angles. Ensuring you have the right strategy for you is crucial to achieving your objectives.
Right now several strategies can be employed effectively to achieve sellers' long term property goals.
3/Economic policy
The availability of low-cost finance and financial stimulus packages for the construction sector is starting to have an impact. Already we are seeing these are starting to impact the real estate industry with a shortage in the supply of land and increased off-plan sales.
The economic stimulus has created new opportunities ✔
With new opportunities come new possibilities and you might just find these are to your advantage.
At Piran Property Group we offer free property appraisals that are customized to your needs to take advantage of all opportunities.
Contact me for more information piran@piranpropertygroup.com or 0415033360
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