{"id":18433,"date":"2011-02-25T10:37:01","date_gmt":"2011-02-25T14:37:01","guid":{"rendered":"https:\/\/louisvillehomesblog.com\/?p=2385"},"modified":"2023-08-31T16:18:34","modified_gmt":"2023-08-31T16:18:34","slug":"condition-is-the-new-location-in-the-world-of-real-estate","status":"publish","type":"post","link":"https:\/\/trepryor.com\/blog\/condition-is-the-new-location-in-the-world-of-real-estate\/","title":{"rendered":"Condition Is the New Location in the World of Real Estate"},"content":{"rendered":"\n<p>Despite what some &#8220;experts&#8221; might say, we&#8217;re clearly in a buyer&#8217;s market. (Let&#8217;s hope he was misquoted.)<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"338\" src=\"https:\/\/trepryor.com\/blog\/wp-content\/uploads\/2011\/02\/updated_kitchen.jpg\" alt=\"Photo of an updated kitchen\" class=\"wp-image-8585\" srcset=\"https:\/\/trepryor.com\/blog\/wp-content\/uploads\/2011\/02\/updated_kitchen.jpg 600w, https:\/\/trepryor.com\/blog\/wp-content\/uploads\/2011\/02\/updated_kitchen-300x169.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><figcaption class=\"wp-element-caption\">Updating your home&#8217;s kitchen is the first place homeowners should look when contemplating a sale. | Photo: Tre Pryor<\/figcaption><\/figure>\n\n\n\n<!--more-->\n\n\n\n<p>Home prices have dropped, a rarity for Louisville, Ky., interest rates are at historic lows and there is a large amount of home inventory for buyers to choose from.<\/p>\n\n\n\n<p>That puts home <em>sellers<\/em> at a distinct disadvantage.<\/p>\n\n\n\n<p>In an effort to help Louisville home sellers, we published the &#8220;Top 10 Mistakes to Avoid When Selling Your Louisville Home&#8221; last week. Now we&#8217;re going to focus on improving your chances of selling quickly at the highest price possible.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What sells a house?<\/h2>\n\n\n\n<p>In the past, the answer to the question, &#8220;What sells a house?&#8221; was the mantra &#8220;Location. Location. Location.&#8221;<\/p>\n\n\n\n<p>Today, that answer is &#8220;Condition. Condition. Condition.&#8221; Condition is now the keyword in the world of real estate, here&#8217;s why.<\/p>\n\n\n\n<p>With so many homes to choose from, buyers are looking for reasons to rule out properties, pare down the choices, and select a home from their favorites. If a home obviously needs updating, that makes the buyer&#8217;s job easy\u2014mark it off and move on to the next one!<\/p>\n\n\n\n<p>Repairing broken items is obvious, but if the faucets in your master bath look like antiques from a Cracker Barrel, then updating them becomes mandatory.<\/p>\n\n\n\n<p>Today&#8217;s home buyer wants to move right in with as little to do as possible. Lives are hectic enough as they are with needing to rip up a bunch of carpets, update the old kitchen cabinets, and paint 3\/4ths of the entire home.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Buyers love the latest designs for the home<\/h2>\n\n\n\n<p>Buyers absolutely love to read the words &#8220;updated&#8221; and &#8220;remodeled&#8221; in the home&#8217;s listing. The <em>design choices<\/em> that homeowners make when updating play a major role in today&#8217;s real estate market. HGTV is popular for a reason. People love the latest designs for their homes and yards.<\/p>\n\n\n\n<p>Vern Yip, the host of &#8220;Deserving Design&#8221; spoke at the Real Estate Connect in New York City recently on this topic. His entire presentation can be seen by following this link: <a href=\"http:\/\/www.inman.com\/video\/nyc11\/2011\/01\/12\/can-design-sell-a-house\" target=\"_blank\" rel=\"noopener noreferrer\">Can design sell a house?<\/a><\/p>\n\n\n\n<p>The bottom line is, other than a great, low price the most important thing a homeowner can do to sell their home in this market is to <strong>enhance the condition<\/strong> before they list it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite what some &#8220;experts&#8221; might say, we&#8217;re clearly in a buyer&#8217;s market. (Let&#8217;s hope he was misquoted.)<\/p>\n","protected":false},"author":2,"featured_media":8585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"0","ocean_second_sidebar":"0","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"0","ocean_custom_header_template":"0","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"0","ocean_menu_typo_font_family":"0","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"0","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"off","ocean_gallery_id":[],"footnotes":""},"categories":[673,680],"tags":[1089],"class_list":["post-18433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home-improvement","category-residential","tag-world-of-real-estate","entry","has-media"],"_links":{"self":[{"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/posts\/18433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/comments?post=18433"}],"version-history":[{"count":1,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/posts\/18433\/revisions"}],"predecessor-version":[{"id":20895,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/posts\/18433\/revisions\/20895"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/media\/8585"}],"wp:attachment":[{"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/media?parent=18433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/categories?post=18433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/tags?post=18433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}