Planning on selling your Havasu home this winter? Before you put it up on the Havasu real estate market, you should think about how you want to advertise your property. Many buyers prefer turnkey properties. But that may require more money than you are willing to put into it. Should you market it as a “fixer-upper” instead? That depends on a few factors.
Marketing Your Havasu Home
Who’s in Your Buyer Pool?
Right now, buyer demand in the Havasu real estate market is high. Inventory remains low. So, some sellers find themselves in multiple-offer situations for their real estate in Lake Havasu. Investors look for profit potential. So, if your property needs an extensive amount of work, you might want to target them in your marketing efforts. If your house needs just a few updates, focus on the potential profit a DIY-er may receive when they sell it in the future. It might help to seek out estimates for repairs or updates for your Havasu home to present to your potential buyer if necessary. (Talk to your real estate agent first, though.) But, if the market includes a majority of turnkey buyers, you might need to invest in fixing it up in order to catch a buyer’s eye.
Get a Professional Opinion
Ask your agent for their opinion on the condition of your real estate in Lake Havasu. Set your ego aside and listen to what your agent says. They know the Havasu real estate market. They can assess what needs to be done to make your Havasu home sellable.
Determining Your List Price
You need to be realistic about the list price of your real estate in Lake Havasu. Turnkey homes sell for more money. Fixer-upper Havasu homes sell for much less. As with all list prices, use comparables to determine a realistic price before you list your home on the Havasu real estate market. After all, these are the properties you will be competing with for buyers’ attention.
Complete All Necessary Repairs
Finally, whether turnkey or a fixer-upper, you need to complete all necessary repairs before you put your property up for sale on the Havasu real estate market. Cosmetic changes may not scare off potential buyers. But expensive, extensive repairs might. If that’s the case, you would need to sell your real estate in Lake Havasu for a bargain-basement price. These are the areas you need to focus your pre-listing budget on in order to get the best return.
If you have any questions or want to sell your Havasu home, contact me today.
Alexis Steel – 928-303-2199
Keller Williams Arizona Living Realty
Search homes at: www.TheHavasuHome.com