Thursday, 02 October 2014 20:54

Sell a Home in Central IL When Buyers Prefer New Construction

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If you want to sell a home in Central Illinois, the bad news is that the majority of homebuyers prefer new construction. The good new is that only 46 percent of homebuyers are willing to pay more for a newly built home. As a homeowner in the Springfield, ILL area, you have probably noticed many appealing new subdivisions being built. According to a recent report by Trulia, American homebuyers prefer new construction 2 to 1. The survey, however, gives people who want to sell their homes insights into what buyers really want. With the help of an experienced Realtor who knows the Springfield, Illinois housing market, you can get the edge you need to compete with new construction and custom homes. Existing homes can definitely appeal to homebuyers of all ages as long as they meet the persnickety homebuyer’s criteria.

Replacing Outdated Features

One of the main reasons people prefer new construction is because of the modern features. You can appeal to more buyers by updating your kitchen, bathrooms and main living area. Updating doesn’t have to mean the standard granite countertops and stainless steel appliances. It’s best to tour new home models in the Chicago area to find out what kind of finishes, flooring and cabinetry is wooing prospective buyers.

Giving Buyers a Choice

Another reason people prefer new is they want to be able to customize a home before it’s completed. A good Springfield Realtor can write up a contract that gives buyers an allowance for new appliances, flooring or anything else that needs to be updated.

Providing a Warranty

Since many people who prefer new construction wan to spend less time on repairs and maintenance, you can offer warranties. Buying new appliances, replacing a roof and buying replacement windows are all ways to attract buyers who are worried about repairs. Many homebuyers see the benefits of owning a home in an established neighborhood with mature landscaping and recreation. It’s true some buyers say they want to live in a newly developed community or be the first to live in a home. With the high cost of new construction, many first-time homebuyers are finding their peers are settling down in established communities with starter homes.

At Jim Fulgenzi & Co., we help sellers market their homes to appeal to the best pool of buyers. We can help you sell your home in Rochester, Chatham, Springfield and Central Illinois. For more information on how we can help, please contact us.

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