Here’s how you can address them to attract buyers and maximize value:
- Necessary Repairs and Maintenance – Older homes often need repairs like fixing roofs or updating plumbing.
Advice: With the help of your agent, conduct a thorough inspection and prioritize essential repairs. A pre-inspection report can reassure buyers that issues are addressed.
- Outdated Features and Aesthetics – Outdated kitchens and bathrooms may deter buyers.
Advice: Make cost-effective updates, such as fresh paint and new hardware. Highlight your home’s unique charm to attract buyers interested in character-rich properties. Ask for your agent’s guidance with this because they have been in the market watching buyers’ preferences.
- Energy Efficiency Concerns – Your home may lack modern energy-efficient features.
Advice: Enhance energy efficiency with improvements like added insulation. Share information about energy costs and upgrades with buyers.
- Meeting Modern Building Codes – Your home might not meet current building codes.
Advice: Ask your agent to identify code issues with a contractor. Address key areas like electrical systems and be ready to negotiate with buyers.
- Competing with Newer Homes – Newer homes may seem more appealing to buyers.
Advice: Emphasize benefits like location and historical significance. Stage your home to showcase its strengths and price it competitively.
Many buyers today are drawn to the aesthetic and history of older, classic, and retro homes. The key is to identify those who appreciate this unique charm. With Compass’s reverse prospecting tool, you can effectively target and engage potential buyers who are specifically interested in properties like yours. As a Compass agent, I, Shirin Rezania Ramos, am here to help you streamline this process and connect with the right audience. Feel free to call me for assistance.
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Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379
