When you put your home on the market, more often than not, you’ll make the most profit by selling to a traditional homebuyer. But this isn’t always the case. If you’re considering selling, you should think about how attractive your property might be to investors buying houses.
Home investors evaluate property using different criteria than homeowners. As Chris Romany, a Realtor with House Solutions in Orlando, Florida explains, “Investors typically buy homes to do one of two things: fix it up and sell it, or they’ll buy and hold it to let the capital appreciation increase, and in the meantime, rent it out.”
Given these scenarios, here is what you can do to increase the market value of a home and make it more attractive to investors that buy houses:
In some markets, rents are growing at a faster rate than home values. If you live in one of these areas, it’s smart to value your home both ways, as it just might be worth more to a home investor. This is particularly true if investors have bought several homes or properties in your vicinity. These are signs that the market value of a home may be higher in the eyes of investors.
Have you ever wondered, how much will an investor pay for my house? You can use APV’s Home Rental Value tool to help determine your home’s value to investors that buy homes.
It takes just four minutes