You know that certain property problems relate to unsellable houses. Keep reading to learn how to sell an unsellable house and make it competitive in the real estate market.
How to Sell an Unsellable House – Wise Solutions That Are Easy to Implement
Can you imagine that you apply for a realtors agency in order to sell your house and suddenly they tell you that it’s unsellable? Don’t let it put you down since such house problems are typical nowadays considering market changes and fluctuations. Further information will enlighten you as to how to sell an unsellable house.
The main reason for the low liquidity of a house is its age. The longer you live in a house, the more unsellable it is if you don’t take the necessary steps. So, it’s time to reveal the key problems and present an effective solution to let you sell an unsellable house.
Related: How to Sell Your House: A Complete Step-by-Step Guide
Top 5 Property Problems That Make Your House Unsellable
1. Bad Location
People who want to buy a house usually look for comfortable surroundings. If a house is located near the airport, gas station, the busy street, or in a crime-ridden neighborhood, it becomes unsellable. In many cases, a bad location is a relative concept. Whether a house is unsellable or liquid often depends on the purchasers’ needs, preferences, social and family status.
For example, if a family with kids wants to buy a house, an area without a kindergarten nearby will be a bad location from their point of view. When an elderly couple looks for a house to buy, your house will be unsellable if it’s located in a noisy neighborhood without a park or any other nature sites. In this case, don’t call your house unsellable but attract your target audience.
So, how to sell a house if your location is really bad from any point of view? It won’t be unsellable if you offer a considerable price reduction to your buyers.
2. Increased Humidity
Humid conditions inside the house can make it unsellable even if it doesn’t cause a notable discomfort. First, dampness damages furniture and even parts of the house, as well as provokes mold, moisture, and creates condensation on the windows. As a result, the property becomes unsellable.
In addition, the growth of humidity causes allergies and illnesses. Since high levels of dampness lead to mold growth, people can get asthma and other problems with breathing. Nobody likes being sick; that’s why high levels of humidity will make your house unsellable. Besides, high humidity makes people feel hotter and forces them to keep air conditioners running which leads to larger energy consumption.
Is it possible to get rid of such property problems? Certainly, but you should keep humidity balanced rather than too low. We recommend installing portable humidifiers and dehumidifiers, good ventilation in the bathroom, and checking the ductwork system to avoid calling your property unsellable.
Solved a few of these issues? If you’re ready to list your home for sale, do it for free in the Mashvisor Property Marketplace.
3. Dark Rooms
Lack of natural light can alienate the potential purchasers and put your property on the list of “Unsellable Houses.” Actually, dark interiors are not able to display all the house’s advantages. On the contrary, they hide the nuances of the layout and design, as well as create a depressive atmosphere, making even the fashionable interior look outdated, gloomy and sometimes too prim and cold. So, we’re ready to suggest a solution and let you know how to sell an unsellable dark house:
- Install furniture with glass panels.
- Use more mirrors.
- Paint walls with light colors.
- Move furniture away from the sources of natural light.
- Hang light transparent curtains.
Certainly, if you have a large budget, it’s possible to burst into renovations and make the windows larger or add a skylight. However, not all real estate owners can afford such crucial innovations and extra electrical devices don’t solve the problem but will increase power consumption. So consider the above tips as good alternatives that will not only be easy to implement but will help to solve the issue.
4. Issues with Major House Systems
Any problems with gas, electric or water are an enormous challenge for homebuyers. The house becomes unsellable because the potential new owners are not going to purchase since they are aware of high prices for plumbing and other equipment, not to mention repair. The best recommendation we can give is fixing all those issues before you even consider listing your home for sale.
To turn your unsellable house into a liquid property, check electrical wiring, gas equipment, and other major systems to ensure their high-quality performance. Certainly, you can’t do it all on your own; that’s why it’s crucial to find qualified specialists that will put the entire engineering of the house in order.
5. An Outdated Interior
Any real estate agent can confirm that an outdated, tasteless or messy design and décor are also able to make your house unsellable. The “on-the-shelf” attractiveness is crucial since it’s very eye-catching and causes the intuitive desire to get the property. Home décor is essentially promotional packaging in terms of real estate marketing.
If you think that your house is unsellable because of its design, it’s time to make some changes that are very easy and affordable. Pay attention to the slightest details to sharpen a “strategic” focus and don’t neglect the smallest changes because even low investment in tuning will make your property sellable.
No need to start buying new furniture but you can replace old covers, put up new curtains, paint walls, and do other similar things to make your unsellable house sparkle and shine.
A Few More Tips to Sell an Unsellable House
Even if your former unsellable house is ready for sale, pay attention to some nuances that will heat the buyers’ enthusiasm:
- Clean the front lawn/garden and the backyard and cut the grass for some added curb appeal.
- Check the front door and ensure it leaves a good first impression.
- Clean the windows to make them completely transparent and sparkling.
- Remove personal items like stuffed animals or knick-knacks, for example, to let the buyers see the house rather than you.
- Pay special attention to the bathroom and kitchen. Maybe, they’re unsellable and need modernizing.
- If you have cats, dogs or any other pets, remove all the pungent smells.
Conclusion
All the unsellable issues mentioned above are solvable and require very little in terms of cash investment. However, one more “secret issue” can make your house unsellable. It deals with the wrong real estate agent that is able to convert even a palace into an unsellable house. However, if acting independently, it’s difficult to make an objective assessment of your property. That’s why a credible real estate agent will be helpful.
This article has been contributed by Stella Robinson.
