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| February 9, 2012 |
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Tips for Showing a Small House
by Michele Dawson
With the median size of new homes on the rise, you might worry about trying to sell your home if it's on the small side. Indeed, the size of the typical new single-family home continues to grow, according to a National Association of Home Builders report titled "The Next Decade for Housing." The median size of a new home today is about 2,100 square feet; in 1970 the median square footage was about 1,400. Some of today's buyers are using the extra space for guest rooms, but many are incorporating home offices, studies or hobby rooms into their homes, according to NAHB. Despite the trends, small homes have their own advantages when you're selling. For starters, there's a strong demand for entry-level homes. First-time homeowners comprised 40 percent of the total home purchases (17 million purchases) in 1999, according to the November 2001 U.S. Housing Market Conditions Report, published by the U.S. Department of Housing and Urban Development. So, if your smallish home is on the market, you'll want to do everything you can to get top dollar for it. Some things to think about when you're preparing your home for showing include: In summary, let common sense prevail. Look at the house with fresh eyes and from the perspective of someone who has never seen the house before. With so many first-time homebuyers out there, your biggest job will be making sure your home looks better than others in the same price range. Published: February 25, 2002 Use of this article without permission is a violation of federal copyright laws. Related Articles: |
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