5 Key Factors That Will Determine Your South Tampa Home's Value

5 Key Factors That Will Determine Your South Tampa Home's Value

 

If you are seriously considering putting your South Tampa waterfront home for sale on the market, it is important to know your property’s market value. The value of your home can be affected by several factors. If you want to sell your home for the best price, you need to carefully consider how these factors can work to your advantage as a seller. Here are five things that determine your home’s worth.

1. Your home’s age and condition

The age and condition of your home can greatly influence its value. Usually, historic homes and new homes are more valuable than other South Tampa homes for sale built some time in the middle. Aside from that, a well-kept home that is move-in ready will typically sell for more.

2. Your home’s curb appeal

If you fail to maintain of the outside of your property, you can lose up to 5% off the value of your home. As a seller, you need to work on having a neat front garden, fresh paintwork, effective guttering, and clean windows. Boosting your curb appeal is one of the simplest ways to retain your home’s value.

3. Home Renovations

If you want to attract buyers of real estate listings in South Tampa it pays to know which home renovations can increase your home’s appraisal value. Make sure that the money you are going to shell out for the upgrades will be well spent. Upgrading the kitchen and the bathroom are two of the updates that can positively influence your home’s worth. Buyers today are more inclined to choosing homes that have eco-friendly features

4. Negative events

It would be harder to sell your home if it has issues like mold or experienced a fire or was the site of a violent crime. Homes that are associated with negatives events usually get a lower price. Nowadays, buyers are really concerned in finding out if there were untoward incidents that have occurred in a property.

5. Pet odors

In most cases, owning a dog or a cat will have no effect at all on the value of your home when you decide to sell. However, if your property reeks of pet odor or if there are too many furry friends around, it might be a turn-off for potential buyers. With this scenario, you can expect offers of as much as 5% below your asking price.

Before selling your home, make sure you have done all you can to increase its appeal and value so you can get top dollar for your home for sale.

Visit http://www.TampaTodayRealEstate.com today for more helpful tips on home selling and home buying.

If you are looking for dedicated and hardworking Tampa FL Realtors then call me, Mary G. Diaz, today at 813 245-9677. I can provide you with fast and reliable assistance in finding or selling homes in South Tampa. With my extensive knowledge and experience in selling luxury properties in the area, I can assist you in making the best choice.