You have received some good information from the other responders. We are currently in a Sellerâ€™s Market and with your upgrades / extras certainly may not be hard to sell your home. Not losing money unfortunately may be more difficult to obtain for no longer than you have been in your home. If the right Buyer comes along youâ€™ve got to do everything you can to make your home more appealing than the competition with the Realtor you select. YTD in Stone Manor Lakes there have been 10 homes sold, including yours, averaged size of 3,615 sq ft at an average price of $108.96 per sq. ft. In the last 3 months 6 of the 10 homes sold averaged size of 3,515 sq ft at an average price of $109.84. The Competition: currently 8 homes for sale and 5 of these your home will be directly competing with and the possibility of more coming on the market.
Michele, you also mentioned with â€œtons of upgradesâ€ which depending what these are can bring additional value vs. the competition. Hopefully your upgrades will offset Builderâ€™s incentives youâ€™ll be competing against. If not, for a quick sell youâ€™ll have to offer similar of greater incentives. I can perform my maximum home value audit to help you price your home. Oh, and you probably know this, but make sure you keep track of all of your expenses on your home and upgrades for tax purposes.
405-562-0886 or email@example.com. Please do not hesitate to contact me if you have additional questions or concerns. Iâ€™ll help you anyway I can.
If you are getting a relocation package, it helps to verify the allowed expenses in the offer, or with a Cartus, Weichert (and others), relocation company. A local Realtor can also help with a Realtor in "the new town". This may provide you a little credit on the sale.
Typically, a thorough evaluation of the market activity in your area, your home itself, & your upgrades against the "standard items" in your area, will provide a true picture. If the mortgage payoff & potential return (or lack thereof), do not meet your expectations, a Real Estate company can manage a lease situation on your behalf, and we suggest revisiting the sale option on a yearly basis. If you have to sell before you can buy, there are still more variables to consider. We all have experienced situations where there was a profit, a break even, and a loss. Every situation is unique & deserves careful consideration.
Best of luck with your choice!
If you would like to discuss this I will be glad to sit down with you and discuss all the possibilities that will keep you almost in line:
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