In pricing you house, consider the decorating of your house. This is difficult to do objectively. But do it. No this is not a huge deal in terms of dollars. But a neutral colored home will most often sell before a dramatically styled home. For example, if you have NASCAR painted in all the rooms, and a checkerboard styled driveway, like its "victory lane", you may be gearing it to a NASCAR fan only.
If you have the Tampa Bay Buccaneers logo everywhere, the same thing applies.
Consider the paint color or wall paper. Even though it is a tiny percentage of the entire price of the home, it has psychological importance to the broader market of home buyers. And remember, in Sarasota County, the buyers come from everywhere.
Good buyers though, see it for what it is; as that it is a small part of the cost. That it is, at the end of the day, only dollar signs. In other words, these "cosmetic" fixes certainly are a negative for a particular FSBO buyer, but they will recognize these things as a dollar cost. They may not like it, but recognize it will take a certain number of dollars to bring it into their taste. The cost of materials and time, or to hire it, is the cost of the problem. They will ask themselves, what would it cost to change this to my taste. It is only an $X problem. If a home it is very different, with lots of odd items, and too unique for the average person, the cost of fixing "the problem" will be greater. Price your home accordingly.
You will realize, once you do market research, that the standard decor is always best. And you know why. Anyone can live in a neutral color schemed house for a time, as it is not offensive. If it is not offensive, then they do not have to determine what the cost of changing it is, because it will be considered move-in condition. Move in condition for the the interior colors, anyway.
As you begin to research other Sarasota County homes for sale, house yours is neutral you don't forget the decorating or decorations or nicknack's. You are seeking to be objective. Price it like you would compared to the others. Be objective in pricing your home. Be competitive in pricing your FSBO.
Saturday, June 27, 2009
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