What Size House Sells The Fastest?
This is a question that lots of home sellers have. Real estate agents will always want to know this information before they show you homes because it makes a difference in how they can help you. This website here https://www.martinlegacyholdings.com/sell-my-house-fast-in-martinez-ga/ will help answer the question and give you some tips about what size house sells the fastest in real estate markets today.
The reason the size of the house you buy matters in the market is that houses that are too small or too big may not rent out very quickly. A good real estate agent will screen homes and target a certain range so they can find you a home that is large enough to rent out, but not so large you could sell it fast. For example, 1,500 square feet would be on the “too small” side of things because it is too small for many renters and not worth renting for a long time. 2,000 square feet would be the “too large” side because most tenants would rather rent a 1,500 or 1,800 square foot house and stay for a long time.
Different Types of Renters
There are different types of renters out there and not all will want to live in a 2,000 square foot or 1,500 square foot house. More mature adults might be moving from their own house into a smaller rental and may not want a 2,000 square foot ranch with three car garage. They might prefer simplicity. Still others just like the idea of living in a ranch style house vs. an apartment.
The Listings on the Market
The real estate agent’s advice to you is based on market conditions in your area, as well as what homes are actually for sale and being rented in your city or town. If there are a lot of 1,200 square foot ranch style houses for rent in your area, but not so many 2,000 square foot ranches then you are going to hear that the smaller house would sell quicker.
While the market is always changing, if the area you are looking to buy or sell in has just started a 2,000 square foot boom then you might want to wait. A good real estate agent will probably advise you to wait until another better time. So if you are in an area that is generally equal in price and quality then the two factors that really matter are house size and location.