How Much Should You Sell Your House For? Insider Tips for Pricing In The San Antonio Market
When you need to sell your house in San Antonio, knowing how much it’s worth is a good idea, especially if you need to sell your house fast. But that’s only the first part of pricing your home to sell. Here are some more things you need to keep in mind when selling your house.
Start With a Home Valuation Tool
If you don’t know where to start with selling your home, a great online tool to use is a home valuation application. Many companies offer such tools, including Homelight, Zillow, Realtor, Chase, and others. These tools work by putting the address of your home into a search bar on the site. Some sites will return an immediate number which is a general estimate of how much your house is worth. Other sites may require you to speak to an agent to get a much more accurate idea of the worth of your home.
Find Out What Other Homes Are Selling For in Your Area
After getting a general idea of how much your house is worth by using a valuation tool, it is a good idea to get much more accurate pricing for your home by working with a real estate agent. An agent familiar with the San Antonio market will be able to provide you with a CMA (comparative market analysis), which will give you a much more accurate range of where you should price your house. Median home prices in San Antonio are between $330,000 and $340,000. To get more accurate pricing for your particular home, a listing agent will help you get more accurate results which could be substantially lower or higher than the median home price. Being precise with the pricing of your home in San Antonio will get more interested buyers and get your home off the market much faster. Homes in the San Antonio market are on the market an average of 64 days or more.
Take Advantage of the Current Seller’s Market
Another thing to keep in mind if you are selling your home in San Antonio is using the current seller’s market to your advantage. San Antonio is currently experiencing a strong seller’s market. This means that since inventory in the local market is very low, simply putting your house on the market can garner a lot of attention and interest from buyers in a frenzy trying to find a home. Many of these buyers are ready to pay much more than asking to ensure they can have a place to stay. As a result, homes in San Antonio have sold for thousands of dollars over asking.
While the current market is a strong seller’s market, the recent interest rate hikes by the Fed could change this soon. Therefore, it is a good idea to try to sell your house now to take advantage of the seller’s market before the market starts to benefit buyers.
Work With a Top-Rated Real Estate Agent
Another way to accurately price your house is to work with a top-rated agent. While any agent can provide you with comps, a top-rated real estate agent will know the market much better than inexperienced agents. As a result, they will give you much more accurate numbers and can even help you sell your house much quicker. Top-rated agents in San Antonio will have sold upwards of 100 properties and will be able to move your home off the market within 45 to 70 days. Top-rated agents will also provide tips that will help you sell your house much more quickly and for much more money.
Tips to Increase the Value of Your San Antonio Home
San Antonio is a strong seller’s market. So if you sell now, you can take advantage of great deals on your house due to the market conditions. But if you want to increase the value of your home to try to get even more money for your home, it may be a good idea to make some enhancements. So here are a few tips on what buyers are looking for in the San Antonio market.
If your house doesn’t lure people into the property, you will have difficulty getting people to buy it. Therefore, it is a good idea to start looking around outside and determining what you need to fix or clean. Great curb appeal will make buyers want to see what you have to offer indoors.
Once you have people inside, you don’t want to disappoint them! So consider getting staging for your house. Getting a certified local staging company in the local area that knows what interests buyers is the best option. They will help you declutter and depersonalize so that your house is ready to show to potential buyers.
Low Maintenance Everything
Buyers in the San Antonio market are interested in a low-maintenance home. So if you can prove that your house won’t be too much of a hassle to keep up, you may have many buyers lined up at your door.
Convert Your Home Into a Smart Home
If you want to attract more buyers to your home in San Antonio, consider making your home smarter. Many buyers in this market love smart homes that include smart thermostats, smart security, and smart locks. So, consider including these gadgets in your home if your budget allows it.
Improve Your Home’s Energy Efficiency
Another improvement you can make to your San Antonio home that can increase buyer interest and drive up your home’s price is energy efficiency. Homes with energy-efficient windows and doors are at the top of the list. But you can also score with buyers with energy-efficient lights and appliances.
Presently, selling your house at a great price in San Antonio won’t be too difficult. You may even get well over asking at the closing table. While the current market conditions make selling your home in San Antonio easy, it doesn’t hurt to make improvements to your home that can get you even more cash at closing. Acting now will allow you to get as much money as possible on your San Antonio home.