Selling a Property on a Busy Street
Wednesday, November 10th, 2010
Selling a property on a busy street requires a lot of effort from both you and your realtor to emphasize its positive aspects. There are a lot of advantages to owning a home on a busy street. Because it’s so visible, you’ll have a lot of potential buyers who’ll be passing by the home to see it daily. On a busy street it’s important to give potential buyers something they can easily remember to get more information, like a website or a brochure.
Pricing is even more important in a home located on a busy street. It has to present great value to a buyer who would rather live in a less busy street. The difference in pricing is between 6% and 16% depending on the traffic along the street.
Finally, don’t scrimp on freshening up the home. If you don’t invest a little on a new coat of paint or minor renovations, buyers will like your home less. On the other hand, don’t spend too much on renovations either; be sure you will get what you pay for.
