Understanding the Buyer Helps You Sell Your Candlewood Lake Home
Understanding the Buyer Helps You Sell Your Candlewood Lake Home
Buyers are influenced by three major factors, all of which sellers of Candlewood Lake homes can control:
1. Condition of your home
2. Selling price
3. Marketing strategy
However, there are several other factors that you cannot control but also greatly influence the buyer when searching for . You need to understand these buyer trends before selling your lake property so you can match your home to these trends and make it more competitive in the marketplace.
These factors are:
1. Location
This is the most influential factor that makes your home appealing to buyers. According to the National Association of REALTORS, the quality of the neighborhood is the top reason why buyers choose certain homes. In the case of , the proximity to the lake is the number one reason why buyers would be interested in your home.
2. Size
While some buyers are downsizing their homes, home sizes have continues to increase over the years, nearly doubling in size since the 1950s. Smaller homes usually appeal to empty nesters, first-time home buyers and retirees. Your agent will be able to help you determine your target market and suggest any remodelling or renovations you could do to make your home more appealing to your target market.
3. Amenities
Preferences in amenities and floor plans can change depending on the current trends and your real estate agent will be able to inform you on these hot trends that are selling homes in your area. If your Candlewood Lake home lacks certain features, you might consider renovating it to increase its appeal, but this is not always the best move. Your agent will be able to guide you in making an informed decision whether a renovation will help increase your profit or not by using careful analysis of current market conditions and recent statistics of comparable sales of Candlewood Lake properties.
Aside from helping you out with these factors, your Candlewood Lake real estate agent will be able to give you advice on how to market your home to the most number of buyers with the best price.
To get more in depth information on what buyers are looking for in Candlewood Lake homes for sale, read our article “8 Things to Look for When Buying Candlewood Lake Homes” on
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