Determining a fair offer price for your home can be difficult, especially if you are trying to decide between renovating your home and selling it on the market or selling your home in Seattle as-is condition.
The price of your home is likely the first thing that comes to mind when you consider selling it. The question is, “how much money can you get for your house in the current market and what is the fair offer price?”
In the best-case scenario, you would sell your home for a high price and buy your next home for a low price after you sell. Here are a few things to consider when trying to determine a fair market price.
Buyers Love Turn Key Homes
The majority of buyers out there want turn key homes, meaning homes that are modern and updated. If you look at MLS data, you can see that these kinds of homes won’t sit on the market for very long.
Make Necessary Renovations Before Selling
If you take an honest look at your home and you notice it is outdated, you may need to do some renovations. However, if you’ve lived in your home for quite some time and you’ve already been through a few renovations, the thought of going through the expensive and time-consuming process again might not be appealing.
Regardless of if you are faced with the potential of having to renovate your home before selling, consider these things:
- The current housing market state
- How much homes are selling for in the neighborhood
- The general home condition, including the roofing, foundation, and overall appeal
Sell Your Home As-Is
If you choose to sell your home as-is, on the other hand, know that the decision to do so is not a crazy one by any means. There are 90 million single-family homes in the United States alone, many of which are not ready for market in the least.
If you choose to list your home as-is, it is likely because you do not want to renovate or repair anything prior to selling a home in Washington. You want to sell your home in the current condition, meaning whoever buys it will need to perform the necessary renovations or repairs.
There are advantages and disadvantages to selling as-is.
- You won’t have to pay for repairs and renovations, saving you time and money
- Your home might sell very quickly, especially if you sell through HelloPad
- The price you get may not be as high as you imagined
- It could take longer if you decide to sell on the market
Pack It Up and Hit The Road
We’re not here to sugarcoat things. Renovations can be difficult, which is why so many people turn to companies like HelloPad to sell their homes. HelloPad is one of the top off-market home buyers in the Seattle and greater Washington area.
If you no longer want to deal with your mortgage and you surely don’t want to deal with repairs and renovations, make sure to get in contact with us here and we can give you a better idea of the as-is selling process.