6 things to do before selling your condo
6 things to do before selling your condo
If you’re a Boston condo homeowner, you already know that keeping your property in tiptop shape requires dedication and patience for ongoing maintenance. But what if you’ve put your home on the market, or even accepted an offer? Perhaps you’re thinking: Not my problem anymore.
Sorry, folks, we’ve got news for you: Just because you’re selling doesn’t mean you’re off the hook from routine maintenance tasks—and that’s especially true if you’ve already vacated the house.
Sure, a well-cared-for house shows better: Small things like broken doorbells and leaky faucets make buyers wonder if your property also has bigger issues elsewhere. But more important, a little routine maintenance can help you avoid a catastrophic problem down the line (e.g., burst pipes, roof leaks, critters moving into your attic) that could devalue your property and derail that sale.
To prevent minor issues from escalating into full-blown, money-sucking, sale-killing problems, focus on these six important areas you can’t afford to neglect.
1. Keep up the yard and walkways
Whether you’re still living at the home or not, you’ll want to make sure to keep your landscaping tidy—remove dead tree limbs, rake leaves, and clean out flowerbeds.
If your home is already vacant, have someone tend to the yard regularly so that grass and weeds don’t detract from your home’s appearance.
“If your home does not have a well-maintained exterior, (potential buyers) will keep driving,” he cautions. “Plus, this kind of neglect can be a bull’s-eye for vandals to break into your property.”
Consider having lights on timers so the house doesn’t look dark all the time, and arrange for driveways and walkways to be plowed weekly in the winter months. And don’t let mail pile up in the mailbox.
2. Clean the gutters and check the roof
This one’s easy to forget about, even when you don’t plan on going anywhere. But when it comes to gutter and roof issues, neglect can cause a dangerous domino effect.
Overflowing gutters can damage your foundation, and also lead to drainage issues. And, of course, you don’t want buyers seeing puddling water as they approach your house.
And then there’s the roof. Of course, it’ll be examined during the home inspection, but it would behoove you to do it before putting your home on the market. Small roof cracks can remain undetected for years, causing water to slowly infiltrate your home and damage ceilings and walls.
“If water starts to penetrate a property, it can be a very difficult sale,” Hiscock notes. “Water in basements or in homes is one of the top three things buyers are scared of.”
3. Service your heating systems
It’s not sexy, but the hidden guts of your home need regular attention, whether you’re still living there or not. That means having your HVAC systems professionally serviced.
First up, your furnace: If you get it addressed before you list your home, it won’t smell like dust when you crank up the heat during an open house on a chilly day. While you’re at it, have the duct work and filters cleaned as well. And if you have baseboard heaters, vacuum those out, too.
(Speaking of heat, Roberts suggests keeping the thermostat at 66 degrees Fahrenheit when agents are showing your house so buyers can visit your place comfortably. This will also avoid any issues with pipes freezing or bursting.)
Have a chimney? Be sure to have it inspected and cleaned as well.
“You want to make sure there are no cracked flue tiles, and that from the exterior, there are no gaps in the mortar between the bricks,” Hiscock explains. “Otherwise, you could potentially have the chimney fall over onto the house, and that’s a very expensive fix.”
4. Keep the critters out
If you don’t want to add “family of raccoons included” to your listing (and pay the hefty tab for getting them out), inspect the inside and outside of your home for any areas that need to plugged up. Take care of holes from damaged siding or fascia under the roofline—and do it promptly.
“In a colder climate, squirrels look for somewhere warm to go, and they’ll find their way into your property,” Hiscock says.
Stove and dryer vents, for example, should be covered with wire mesh to deter pests.
5. Wash your windows
Most people associate sparkling windows with spring-cleaning, Roberts says. But if your house is on the market, it doesn’t matter what time of year it is—you need to get those babies squeaky clean.
“If buyers walk through your home and all they see is dirty windows, that’ll really mar the showing process,” she says.
Make sure to wipe them down after a bad storm, when they’re especially likely to show muck and grime buildup.
6. Check the calendar
Depending on what time of year you bring your house to market, pay attention to any details that scream, “We don’t live here or care anymore,” Roberts says.
That means tackling seasonal tasks such as clearing away lawn mowers in the fall and storing shovels in the spring.
“Too often, I see a seller’s patio furniture still outside during the winter time. To me, that’s not a good reflection on the property,” Hiscock says. “It shows deferred maintenance and lack of caring, and can really turn off a potential buyer.
“If a seller can’t put away their patio furniture and lawn mower, what makes you believe that they’ve actually maintained the property all the years they’ve been there?” he adds.
Staying on top of these regular tasks will make it easier to sell your home with fewer headaches. Plus, it’ll preserve the value of your property, and potentially, the thickness of your wallet, too.
By Wendy Helfenbaum, Realtor.com
Boston condo selllers hesitate to sell because they’ve got unanswered questions that hold them back. But a lot of times their concerns are based on misconceptions, not facts. And if they’d just talk to an agent about it, they’d see these doubts aren’t necessarily a hurdle at all.
If uncertainty is keeping you from making a move, it’s time to get the real answers. The ones you deserve. And to take the pressure off, you don’t have to ask the questions, because here’s the data that answers them.
1. Is It Even a Good Idea To Move Right Now?
If you own a Back Bay condo already, you may be tempted to wait because you don’t want to sell and take on a higher mortgage rate on your next condominium. But your move may be a lot more feasible than you think, and that’s because of how much your house has likely grown in value.
Think about it. Do you know anyone in your neighborhood who’s sold their house recently? If so, did you hear what it sold for? With how much home values have gone up in recent years, the number may surprise you. According to Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), the typical homeowner has gained $147,000 in housing wealth in the last five years alone.
That’s significant – and when you sell, that can give you what you need to fund your next move.
2. Will I Be Able To Find a Boston Condo I Like?
If this is on your mind, it’s probably because you remember just how hard it was to find a home over the past few years. But in today’s market, it isn’t as challenging.
Data from Realtor.com shows how much inventory has increased – it’s up nearly 25% compared to this time last year (see graph below):
Even though inventory is still below more normal pre-pandemic levels, it’s improved a lot in the past year. And the best part is, experts say it’ll grow another 10 to 15% this year. That means you have more options for your move – and the best chance in years to find a home you love.
3. Are Buyers Still Buying Boston Condos?
And last, if you’re worried no one’s buying with rates and prices where they are right now, here’s some perspective that can help. While there weren’t as many home sales last year as there’d be in a normal market, roughly 4.24 million homes still sold (not including new construction), according to the National Association of Realtors (NAR). And the expectation is that number will rise in 2025. But even if we only match how many homes sold last year, here’s what that looks like.
- 4.24 million homes ÷ 365 days in a year = 11,616 homes sell each day
- 11,616 homes ÷ 24 hours in a day = 484 homes sell per hour
- 484 homes ÷ 60 minutes = 8 homes sell every minute
Think about that. Just in the time it took you to read this, 8 homes sold. Let this reassure you – the market isn’t at a standstill. Every day, thousands of people buy, and they’re looking for homes like yours.
Boston Condos for Sale and the Bottom Line
When you’re ready to walk through what’s on your mind, connect with an agent to get the answers you need.
Consider me your #1 resource for all things regarding Boston condos for sale! Household changing? Getting married (or divorced)? Time for a change of scenery or job relocation? Want to invest? Just send me an email at realtyford@yahoo.com or call 617-595-3712 – I can help.
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