You have probably heard the saying that “one man’s trash is another man’s treasure,” right? Well, not to relate anyone’s home to trash, but there are certain things that can be a double-edged sword when it comes to how others may perceive the value of your home when you are trying to sell.
Sure, for some, a nice pool in the back yard stirs the imagination and provokes images of everything from huge pool parties to long, relaxing days of reading and sunbathing poolside. For others, particularly those with small children, a pool may be a catastrophe waiting to happen. If you have a pool, you also understand the added expenses associated with maintenance and the occasional repair. Research has put the average cost at about $280 per month, but that is averaging out several lump-sum repairs and routine replacements that can run several hundred or even thousands of dollars every few years.
All Hardwood Floors
Let’s face it, most people like hardwood floors. But! Not all people like the idea of hardwood floors throughout the entire home. A home with no carpeting, particularly if it is vacant, can look barren and plain. A perception that will likely be affirmed by echoes bouncing throughout the halls.
On the flip side, there are lots of people that love hardwood. And why not? It is beautiful and much easier to keep clean, a particularly handy feature if you have pets or children with allergies. Hardwood floors are typically very low maintenance, too, and the life expectancy is much larger than carpet, especially in high traffic areas of the home.
A Neighborhood Full of Kids
It used to be that the whole concept of ‘neighborhood’ was almost synonymous with front yard football, hopscotch or jump rope on the sidewalk, and flocks of bicycles rolling through the streets. For some, stepping out on the porch to see the neighbors’ kids (and maybe your own) playing tag would be a welcomed sight. Others may think the active-adult, 55 and over communities are on to something and are glad that kids today are more apt to run their thumbs across a touchscreen than they are to run across their lawn.
A Huge Garage
We’re not talking about an oversized two-car garage here. A really, REALLY big garage could be the key feature that locates your home on the top of someone’s list, with dreams of the ultimate man-cave dancing in his head. And maybe all the extra storage space running through hers. There are many out there, however, who will not view a garage that is nearly as large as the home itself with kind eyes. Your agent may have to adjust their marketing efforts to target a very precise customer profile to find those that truly appreciate the opportunities afforded.
As always, if you are in the market to purchase or refinance a home, or simply have questions about the products or process, do not hesitate to contact me. I would appreciate the opportunity to serve you and earn your business.