The Northwestern Wisconsin real estate market is starting another busy summer! While higher interest rates haven’t stalled our market, home sellers need to be ready for today’s value-conscious buyers. This is a matter of pricing the home correctly for its location, condition and features.
According to the recent Profile of Home Buyers and Sellers produced by the National Association of Realtors®, home condition was a top concern for buyers during 2021. In this survey, 36% of new-construction buyers said they bought a newly-built home to avoid the risk of expensive repairs.
Meanwhile, 38% Buyers who purchased previously-owned homes felt they obtained a better value for the money. These buyers were not looking for handyman projects, however. Instead, they sought updated homes that were move-in ready.
Home condition directly affects a buyer’s perception of value. The key to getting the best possible price for your Northwestern Wisconsin home is to have it in the best possible shape. Buyers are willing to pay top dollar for move-in ready, updated homes because there is less anxiety involved.
You don’t have to spend big money to prepare your home for sale. Begin with our free home valuation. We’ll tell you the price range of your home as-is. If want to draw buyers from a higher price range, we’ll give you suggestions for cost-effective repairs and improvements. There is no obligation, and no pressure.
Six Lakes Realty is a locally-owned family business with over 40 years of experience. Contact us today for friendly, hometown service!
John Flor
Managing Broker
Six Lakes Realty
Office: (715) 924-4806
Email: john@sixlakesrealty.com
