Before April 15th came and went, perhaps you
and your accountant had one of those occasional chats about your assets and liabilities.
If owning your vacation home in New Orleans has resulted in more taxes or less
financial gain than you’d planned for—or if you and your family just don’t use
the place as often as you used to–this spring
or summer is a good time to consider selling.
If you have lost some love for your extra house, but don’t want to go through
the rigmarole of renting it out season-to-season, the selling alternative could
be at hand.
USA Today recently featured an
article headlined, “How to Sell Vacation
Property.” In it, author Jennifer Eblin pointed out, “Your real estate agent should understand
that selling a vacation property is different from selling any other piece of
property…and have intimate knowledge of the surrounding area.”
That kind of experience is doubly helpful when it comes
from dealing with vacation homes similar to your own. If your
home-away-from-home is in a condominium community, a Realtor® who is familiar with the community is most likely to
have intimate knowledge of price points, selling points—and deal breakers that
can sometimes make all the difference for your own sale.
Just as important as teaming with the right real estate
agent is making sure the property is in top condition. Few New Orleans vacation home buyers will be looking for a “fixer-upper”—so
plan to spruce up the house before it goes on the market. Make small repairs,
repaint dull or off-color walls, and depersonalize as much as possible. Picture
what drew you to the property back when you bought it: present that same space
and feeling to the new owners.
In almost every case, right about now is a highly favorable
time to list a New Orleans vacation home. This
is the season when people are looking forward to the warmer months and wishing
they had a great place of their own in which to enjoy them. With winter still
fresh in people’s minds, a well-priced New Orleans vacation home listing stands
the best chance of drawing a crowd.
The bottom line is that selling a vacation home in New
Orleans is about selling an idea—whether it’s a rustic escape or a luxurious retreat
from the daily grind. Make sure your property speaks that language, and I’ll be
standing by--ready to do the rest!
Terez Harris NOLA Real Estate Group
(504)297-2619
Harris.Terez@gmail.com
Keller Williams Realty New Orleans 8601 Leake Ave. New Orleans, LA 70118 504-862-0100
Each office independently owned and operated. All brokers licensed in the state of Louisiana.
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