4 Primary Factors That Will Determine How Long Your Home Sits on the Market
If you want to get a good idea of how long your home will stay on the market once it’s listed, there are four primary factors to take into consideration
How long will it take your home to sell once you put it on the market? There are many factors to consider, but these four will give you a good idea of what to expect:
1. Location. For example, does the home back into a busy road or is it tucked away in a nice, quiet cul-de-sac? Also, what’s the home’s elevation like? Is the backyard sloped in any way?
2. Price. Pricing your home is like going deep-sea fishing—you can have the best equipment possible and know where the fish are, but if you don’t drop the bait where they’re swimming, you won’t get any bites. Similarly, if you don’t price your home where buyers are looking, you won’t get any bites either.
3. Surrounding school districts. Most people want to live in a good school district. High school districts, specifically, are a major influence in driving home appreciation and determining how fast a home will sell.
4. Walkability. What kind of activities are within walking distance from your home? This is taking on greater importance in areas like downtown Roswell, Alpharetta, and Woodstock.
If you have any more questions about this or any other real estate topic, feel free to call or email me. I’d be happy to help you.