MAKE UPDATES / UPGRADES TO THE HOME New grout, caulking, fresh paint, clean carpets, curb appeal, and new light bulbs are a few things you can do to give quick updates to your home. For bigger projects, if you are going to make updates to your home, focus on the kitchen and bathrooms. These are the areas where sellers are historically known to get the most out of their returns, if done right. Keep in mind that a timeless design – and a design that matches with the home as a whole – will always go a long way when it comes to any home projects. Great craftsmanship is also key! With a resale home, updates may have already been made during the time that you or previous owners lived in it. Do you have an amazing outdoor living space? Share it! Do you have stunning built-in desks from a home improvement project? Showcase them! Any and all upgrades make a huge difference when selling a resale home.
SHOWCASE THE ESTABLISHED NEIGHBORHOOD
Many times with new construction neighborhoods, there will be nearby construction happening for months. One of the frequently asked questions I receive from prospective buyers who look at new construction homes is “When will the construction be done?”
BY ALLISON CAUDLE ABBOTT
RESALE THE REWARDS OF
HOW TO COMPETE WITH NEW CONSTRUCTION IN TODAY'S HOT REAL ESTATE MARKET
I
n the Triangle area, there is an abundance of new construction homes for sale, and new construction neighborhoods are saturating Wake Forest, Rolesville, Raleigh, Youngsville, and beyond. It’s likely that prospective buyers who are looking at your resale home are also interested in one of those homes currently being built. Some may have the mindset of “It’s brand new! Wouldn’t I want that over a resale home?” While there are certainly many positives and advantages to buying new construction houses, I’m here to remind you that your home can still be a top contender in today’s hot real estate market. Following are a few detailed tips to help you compete against that brand-new house when selling your home. 20
CIRCA Magazine
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June 2021
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