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SPENCE REAL ESTATE GROUP, LLC

6901 San Antonio Dr

Ft Worth, TX 76131 

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Monica - (817) 905-0548

Cliff - (817) 235-9681

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Blog

July 27, 2024
If you’re thinking about selling your house in the Dallas/Fort Worth area, it’s crucial to know that buyers are out there and ready to pay today’s high prices. However, they’re seeking homes that are move-in ready. A recent press release from Redfin explains: “Buyers are still out there and they’re willing to pay today’s high prices, but only if the house is in really good shape. They don’t want to spend extra money on paint or new appliances.” This makes sense when you consider the high stakes in the current market. Buyers may not have the budget to handle upgrades after moving in, so an outdated or needing-repairs home could either be overlooked or result in a lower offer than you expected. Many homes in the Dallas/Fort Worth area are reaching their prime remodel years, typically between 20 and 39 years old. If your home falls into this category, it’s wise to consider making selective updates to enhance its appeal and expedite the sale. Why You Need a Real Estate Agent To ensure you’re making the most strategic improvements, working with a local Dallas/Fort Worth real estate agent is essential. Not all upgrades provide a high return on investment. As Bankrate advises: “Before you spend money on costly upgrades, be sure the changes you make will have a high return on investment. It doesn’t make sense to install new granite countertops, for example, if you only stand to break even on them, or even lose money.” A knowledgeable local real estate agent will understand the preferences and expectations of buyers in the Dallas/Fort Worth market. They can guide you on which updates will enhance your home's value and which ones might not be worth the investment. Bottom Line Selling a house in the Dallas/Fort Worth area today requires more than just a For Sale sign. It’s important to ensure your home is in top condition to attract buyers willing to pay premium prices. By making smart improvements with the guidance of a local expert, you can enhance your home’s appeal and secure a faster sale. Let’s work together to identify what buyers are looking for and determine the best updates for your home before listing it for sale.
May 10, 2024
If you're considering buying or selling a home in Dallas/Fort Worth or North Texas, it's essential to understand that your decision impacts more than just you—it contributes to the vibrancy of the local economy and the well-being of your community. Annually, the National Association of Realtors (NAR) releases a report detailing the financial ripple effects of residential real estate transactions (see visual below): 
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