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Mention features like a newly renovated kitchen, spacious backyard, or energy-efficient windows. List any recent renovations or upgrades, such as a new roof, updated HVAC system, or remodeled bathroom. Here’s what to include: Unique Selling Points and Recent Upgrades: Highlight what makes the property stand out.
Remember that an appraisal is not a guarantee of what your property will sell for in the market but rather a tool to help you make informed decisions about your investment. Make Sure the Property Is Clean and Presentable The physical condition of your property can have a significant impact on its value.
These figures include a ballpark on ROI for rental properties, a clear idea of your expected profit on a flip after renovation and resale, and a detailed list of the expenses you’ll incur to process the property. Many investors stop at calculating buyer closing costs, renovations, and holding costs.
However, with proper preparation, the right tools , and an understanding of the market, FSBO sellers can potentially overcome these hurdles. Online valuation tools can provide a starting point, but they may not account for recent upgrades or unique features of your property.
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