Do you know the difference between selling an old property and a new property? Whenever you understand as much as possible about your competitors, you’re in a better position, which holds especially true when concerning selling an old property. There are many differences between selling an old and new property, including the potential market value and final sales price, with the new property selling at substantially higher prices. With a more thorough understanding of the differences between old property and new, the current available inventory, and recent sales history, you’ll be armed with the necessary information. If you’d like to learn more about these differences, read on as we explore the five differences between selling an old property and a new property in Northern Kentucky.
Carrying Costs
Carrying costs, or holding costs, is one of the differences between selling an old property and a new property in Northern Kentucky; typically, older properties cost more energy, maintenance, and unexpected repairs. You may also be carrying traveling costs and the expenses of another property if you’ve moved before selling. Professional buyers like those at We Buy NKY Houses can help you understand the potential costs.
At We Buy NKY Houses, our professional buyers provide a guaranteed closing date, often within days.
Rarity
Another difference between selling an old House and a new one in Northern Kentucky is that older properties tend to have an architecture with distinct features; if very few like yours are available, you could demand more. The professional buyers at We Buy NKY Houses can help you understand your market position, target buyer, current market value, potential carrying costs, and more to help you decide on the best way to sell your property.
Modernity
More modern technology and up-to-date safety in the materials used in new properties make them more desirable. This difference between selling an old property and a new one in Northern Kentucky may mean that improvements are necessary to compete.
At We Buy NKY Houses, our professional buyers buy properties as is, so there’s no need for the cost, hassle or time involved in improving your property.
Market Saturation
For example, differences between selling an old property and a new one in Northern Kentucky; if older properties are flooding the market, you may need to adjust your sales price or make improvements to stand out. Professional buyers like those at We Buy NKY Houses can help compare what you’d profit by listing as-is or making improvements vs. our offer for a direct sale. At We Buy NKY Houses, our professional buyers will detail every figure used to make a cash offer that you’ll agree is fair.
Layout
Newer homes conform to more modern trends, another difference between selling an old property and a new one in Northern Kentucky. Professional buyers like those at We Buy NKY Houses can help determine if your property requires remodeling to current standards. At We Buy NKY Houses, our professional buyers know this may be one of the largest transactions of your lifetime, and we want to help you make an educated decision about selling. We are your neighbors here in Northern Kentucky and we are transparent at We Buy NKY Houses because we want you to feel good about working with us long after you’ve left the closing table.
Sell Your House with We Buy NKY Houses
If you don’t want to work with an agent and need to sell your house fast for cash, we can help with that too. We buy houses in Cincinnati and Northern Kentucky for cash – properties in ANY condition and can close quickly. We work with hundreds of local investors who will rehab the property and hold as a rental or sell to another buyer. So, whether you want to list on the MLS for the most money or sell your house FAST, we can help.
Let a professional buyer at We Buy NKY Houses help you prepare for the unexpected costs you may face when selling your house in Northern Kentucky. Talk to our seasoned experts at We Buy NKY Houses about any hurdles you feel stand in the way of selling, and find out how easily our professional buyers can resolve your troubles without obligation.
If you have questions like: What is the difference between old house and new house? What are the three 3 most common methods of selling residential property? Call We Buy NKY Houses at (859) 412-1940. Then give us a call. Our Real estate experts will be able to answer any questions you have, can make recommendations and may be able to provide you an offer over the phone!