Are you listing your Austin condo for sale? Condos in Austin appreciate quicker than single-family homes. The median value of Austin condos is 28% higher than single-family homes. That is according to the 2020-2021 data from the Austin Board of Realtors.
Before listing your Austin condo for sale, know your home’s value, the condo association rules, and the repairs needed. A little time and preparation can help you achieve your goals for the sale.
This post will cover a few things you should consider when selling your Austin condo.
You need details like the condo’s age, location, number of bedrooms and bathrooms, renovations done, and taxes paid. Review the terms and conditions of the condo community. Learn about price trends among similar condos sold recently in the area. This information will help you prepare for potential buyers’ questions and price your condo accurately.
Real estate agents usually do a Comparative Market Analysis (CMA). The CMA consists of data about the property, last listing details, active listings, and sold listing prices. Apart from this, they gather property trends. It can be difficult to perform this type of research on your own. You might want to work with a real estate professional to set an accurate price for your condo.
A professional inspector assesses your property inside and out. They will see if the property needs repairs and renovations. A condo inspection is also part of the closing process. An inspection can help you find issues to repair before listing the unit. It can also help you prevent buyers from backing out of the deal because they find issues at the last minute.
You want your condo to impress potential buyers when they come by. That is why you should take the time to stage the unit before selling. Remove as much of your personal items as possible and declutter the space. You should also give the condo a thorough cleaning.
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