If you’ve had family or friends that have encountered a negative experience trying to sell their home in Florida, you may be hesitant listing yours on the market. If there isn’t a buyer willing to buy your home right away, you could be stuck paying two mortgage payments until your home sells. Even if you own the home, you may not be able to cover the cost of repairs, real estate agent fees, closing costs, and property taxes that can amount during this process. After all, you’re ready to start a new life in your new home and moving costs money.
There are many factors that negatively affect home values in Florida. Here are a few for you to consider:
- The Name of the Street Your House Sits On. Believe it or not, your physical address plays a role in how quickly your home sells. For example, street is where many lower-end properties are found and boulevard is where higher-end properties sit. According to Trulia, the price per square foot for homes on streets opposed to boulevards is less expensive. So, if a person wants a bargain, they may buy a home on a street. If they want something that appears to be more expensive, however, they’ll hold out for a boulevard or a court.
- The House Number of Your Address. There are superstitious people who factor in numerology when buying a home. They add the individual numbers that make up the complete house number until they’re left with a single digit. They then read what that number represents in accordance to life, happiness, and prosperity.
- Not-So-Nice Neighbors. The people in your neighborhood could make or break the sale of your home. For example, if they have a lot of clutter in their yard, make a lot of noise while your house is being shown or just have a rude attitude when approached, potential buyers will likely bypass your home. They’ll have to live amongst these people and they won’t want to deal with the drama that comes with bad neighbors.
- Lack of Trees. Fully grown, mature trees help add value to a property. If your home is lacking in that department, you may have a harder time selling it. People appreciate having the extra shade. Trees also improve the overall look of a property. They provide privacy, too, which is a big plus.
- Distance from Stores and Coffee Shops. The closer your home is to these amenities, the better. According to different studies, the value of your property increases if it’s close to Starbucks, Whole Foods or Trader Joe’s. People don’t want to travel long distances to get to these places. They shop or visit them frequently and appreciate when they’re close by.
Don’t let the current market dictate your home’s worth. Contact Fast Sale Florida to sell your house fast for cash. You’ll be glad that you did because you’ll have more money to work with to buy your new home. You won’t have the hassle of waiting for your old home to sell before looking for a new place to live.