Selling an old home might be problematic because people usually associate such homes with defects. Below are a few tips to help you sell your old home.
Improve Curb Appeal
Just because your house is old, it doesn't mean it should also look old. Work on the curb appeal so that potential buyers are drawn to the house from afar. Ensure the hedges are trimmed, the lawn is cut, the exterior of the house is clean, the paint is adequate, and there are no hanging gutters or things like that.
Ensure Everything Works
One of the problems people have with old homes is that they tend to have malfunctioning systems or appliances. Fix malfunctions in the house before putting up the house for sale. Ensure all the toilets flush, the drains are not blocked, the electrical systems work, and heating and cooling are adequate.
Pre-Inspect the House
Another risk of buying an old home is that you might discover a hidden defect after purchase. One way to dispel such fears is to inspect the house before listing it for sale. Your prospective buyers can then peruse the inspection report and confirm the house has no hidden defects.
Purchase a Home Warranty
In addition to having the house inspected, you can also instill confidence in your home by buying a home warranty. Such a warranty ensures that the eventual buyer of the home won't suffer a financial loss if a major appliance, such as the AC, breaks down soon after purchase.
Highlight the Amazing Features
Your house is old, but it still has some amazing features. Highlight these amazing features in the listing or when talking to potential buyers. Mention the spacious rooms, the mature trees, the big backyard, or the unique architecture of the house. You may just find someone who overlooks the age of the house for its amazing features.
Highlight the Neighborhood
Many old homes are located in established neighborhoods. Therefore, you can talk up the attractions of your neighborhood and hopefully get the buyers to look past the age of the home. The security, the good schools, and amenities of the neighborhood may mean a lot to many people.
Sell on "As Is' Basis
If you don't have the time or the resources to spruce up the house, and it has major problems, then you can sell it on 'as is' basis. This means your buyers will know you are selling your house with potential defects, and you are not making any guarantees as to the house's condition. You may be able to attract buyers who want to renovate the house and flip it or those who are more interested in the neighborhood or lot than the structure.Share