Selling a home is not an easy and convenient thing to do. A home with a shady or dark past, for example, is a tough thing to sell to home buyers. In the following article of Kathryn Vasel, it highlighted the reality of death in a house as one of the things that may decrease your home value:
Death can really kill your home value
Finding buyers willing to pay list price for a home with a dark past can be a struggle.
"Some buyers are completely fine with it," said luxury real estate broker Samantha DeBianchi in Southern Florida. "It depends on the personality. Some won't even step foot into the home."
Living close to a funeral home, crematorium or cemetery can also have a negative impact on a home's value, according to data from Trulia that controlled for other factors that could impact home values. Read original post...
In cases as such, it is more of a challenge to overcome such dark past to proceed to a profitable sale. There are many ways to counter the decrease in home value. You may want to highlight functionality or other particular attributes of the house to direct the attention of prospects to the positive side of your property. HGTV, in particular, gave some tips on how to increase your home's value:
10 Tips to Increase Your Home's Value
-Plan your remodel.
Whether you just bought a house or you have lived there for a while, the fastest way to increase your home's value is by making a plan.
-Tackle one room at a time.
How can you harness the energy that comes from new ideas and still be smart when you make those improvements? Make the commitment to tackle one room at a time. Whether it's a simple coat of paint or knocking down a wall, by tackling one room at a time you keep projects achievable. Read full post...
There are many ways to enhance the value of your home after any incidents that may decrease the value in the first place. However, you should not expect that with all the things and effort you've done to increase the value of your property, all prospect buyers will give into it. The key here is to improve your home and attract more prospects, the more prospects you have, the greater the chance that you can gain profitably with the transaction.
