Columbus, Ohio is a thriving metropolis full of ethnic diversity and an active nightlife. It doesn’t matter if your home is in one of the suburbs, like Reynoldsburg, or if you’re in the city center. When you need to sell your home, you need help! Since the real estate market has recovered very well in 614, you can be sure that when it comes to getting a fair market value for your home, it shouldn’t be a problem. Ever thought, “I need to sell my house fast”? Well, here are some tips to help you.
There is good news for those who want to get the most out of their real estate investment. In Columbus, median home sales increased 6 percent in 2017 compared to 2016. The median median sale price in this area is $ 154,900. Of course, if your home is in the Upper Arlington area, you will get more money than if it were located in Whitehall. Supply and demand greatly influence how much you will get from your home, and it all depends on location.
Buying a home causes most people to stretch their budget. However, according to an ad in the Columbus Dispatch, it costs more than $ 11,838 to sell a home each year here. So, let’s examine the numbers. Sellers must pay their real estate agent an average of 6.5 percent. If your home sells for $ 175,000, then you owe the agent a staggering $ 11,375.
What about your other fees? Just to get the best price, you may need to paint, do some other remodel, and put more money into your home. Now, if your home sells within the first month of listing on the market, then your challenging job has paid off. However, homes can stay on the market for months, even years, before sellers can get their asking price.
If you’ve already bought another home, you could be paying for insurance, maintenance, and mortgages on two properties. It’s easy to see why a quick sale is the best answer. Again, your neighborhood and the demand in the area are everything.
From May 24 to August 23, 2017, reports show that 1,911 homes were sold in the area. The median price per square foot is $ 110, which is an increase of more than 10 percent. More than 47 percent of people own a home in this region and the median income is $ 38,095. In Dublin, the median sale price is $ 290,000, an increase of more than eight percent. Things are looking good in this area for growth and selling your home on the market shouldn’t be difficult. However, you need to make sure you have the right home in the right neighborhood to get that quick sale.
If you are wondering, “how to sell my house quickly,” you may want to consider options that can help you get out of your house quickly.
