Why Hasn’t My Knoxville Home Sold? 3 Reasons Why It Hasn’t
Selling your Knoxville home isn’t always easy. If you’ve been unlucky enough to have your home sit on the market for longer than you’ve liked, you’re likely looking for reasons why. Regardless of the time of year or market conditions, here are 3 reason why your Knoxville home may have not yet sold.
Price
One of the most important things that will sell your Knoxville home for sale is the price. An overpriced home will not sell. It is as simple as that. One large thing you’ll want to look at if your Knoxville home hasn’t sold is the price. Consider talking with your realtor again about the price to see if your Knoxville home is fairly priced. Based on what homes are for sale in the area and that have sold recently, an experienced Knoxville realtor may be able to provide you with a better picture of a fair price.
Location
They always say real estate is all about location, location, location. That’s very true when it comes to selling your Knoxville home. A home that is in a good location will always sell better than one that isn’t. A good location can be good for many reasons including: a proximity to popular destinations, a unique characteristic, or amazing views. If you’re home is in a less desirable location, you may need to take that into consideration when pricing your Knoxville home.
Condition
Finally, another large reason that a Knoxville home may have not sold is due to condition. A home in good condition will generally sell faster than one that isn’t. Buyers generally want a home they can move into without doing a ton of work. If you’re home appears to be falling apart as the seams, you either want to take that into consideration with the price or consider making a few changes.
Are you thinking about selling your Knoxville home? Please let us know if there is any way we can assist you. Rick can be contacted at 865-696-9002 or via email at [email protected]. Kati can be reached at 865-392-5880 or via email at [email protected]. Contact us today for your FREE Knoxville Home Valuation.
