Timing and Home Improvements: The Keys to Real Estate Success
Selling your Albuquerque home is largely a matter of timing. This is why you have to pay attention to how the market is behaving. Jump in too soon or too late and you’re very likely to miss an opportunity to make a profitable sale. If the following Albuquerque Business First report is any indication, things are looking up for the local real estate market:
The first quarter for the Albuquerque-area residential market saw increases in sales and prices, according to data released this week from the Greater Albuquerque Association of Realtors.
Sales of single-family homes were up 4.21 percent compared to one year ago, making it the highest Q1 sales period since 2007.
The average sale price of single-family homes was $207,080, an increase of 1.81 percent from the same period last year. Homes selling between $200,000-$249,999 were 14.6 percent of closed sales, and 47.3 percent of sales were between $100,000 and $199,000.
If you were waiting for a sign, this is it. Sell your home when market conditions are favorable, and you increase your chances of making a good sale. But if you want to have even more cards in your favor, sell your home after investing in an Albuquerque bathroom remodeling project. Why? Because it’s the kind of investment that pays dividends.
There’s something about a beautiful bathroom that draws buyers in. Fortunately, bathroom remodeling can be as cost-effective as you need it to be. You’d be surprised at the huge impact a new tub or shower enclosure can have on a bathroom and, by extension, on your home’s resale value.
Dreamstyle Remodeling is no stranger to bathroom conversions in Albuquerque. Having worked with more than 15,000 homeowners in a span of 25 years, the company knows more than a thing or two about improving homes. Dreamstyle Remodeling uses topnotch Luxury Bath products to give clients the best in walk-in tubs, barrier-free shower conversions, and tub and shower conversions. All bathroom remodels and conversions come with industry-leading Luxury Bath product warranties and Dreamstyle Remodeling’s own workmanship guarantee.
(Article Excerpt from “Alburquerque-area home sales increase in Q1, Albuquerque Business First, April 22, 2014)