2021 is an excellent year to sell your Harold Wood property, due to the tremendous price growth the area has seen during the pandemic. With a 0.16% rise from April to July 2021, and a more significant 4.12% increase over the past twelve months, the average property in Harold Wood is now worth £420,307 according to Zoopla. There is a rush on for buyers to still save money from the stamp duty holiday which is being gradually phased out before a firm end at the end of September. So, if you are interested in putting your Harold Wood home up for sale, now is a great time to list it with your local Harold Wood estate agents.
Choosing your agents
Before you put your home up for sale, you should receive free valuations from local estate agents. You have the option of choosing just one agent to market your home, or several. It is typically cheaper to select one agent, but always find out what the commission rate is and the tie-in period. It is also important to go with your gut instinct and choose an established firm with an excellent track record and plenty of positive reviews.
Consider the layout of your home
Before listing your property, you should think about the layout of your home and decide what category it fits into. Will you be marketing your home as a four- or five-bedroom home? Do you have one reception room or two? Lockdown has caused many of us to alter the purpose of some rooms in the home, switching bedrooms into offices, and dining rooms into home gyms. Make sure that a prospective buyer has a clear view of how your home could be used and if necessary, change the furniture around so there is no confusion.
How much is your home worth?
Your local agents will help you identify the right asking price for your property, but there can be a lot of wiggle room particularly in a fluctuating market. It is a good idea to look at recent sold prices of similar homes in the Harold Wood area. For example, terraced houses in RM3 are currently selling for an average of £381,990 whilst flats are going for £249,668 according to Zoopla stats. Properties tend to sell quickly at the moment, so take care not to undersell yourself by listing your home for too low a value. Equally, if you pitch too high, then you will put off scores of buyers whose maximum search value is beneath your asking price.
Smartening up your property
Always speak to your estate agent to ask for advice on any upgrades you wish to make before you put your property up for sale. Some cosmetic updates such as a lick of a neutral colour paint can do wonders for attracting offers. Be careful not to waste your money though, as many potential buyers will want to put their own stamp on the accommodation.
Kerb appeal is an important way to win the interest of your target market, particularly for those who might see your property listed on Rightmove or Zoopla, then conduct a drive-by of your Harold Wood home before arranging a formal viewing. Tidy up your external areas, make any necessary fixes to broken gateposts or guttering and add attractive decorations such as window boxes, planters or garden ornaments to add aesthetic appeal.
If you are interested in selling your Harold Wood home, then Keystones Property are your award-winning local experts. Give us a call today on 01708 909 100 to arrange your FREE property valuation.