How much does it cost to sell a home in

Johnnie Morine

HOW MUCH DOES IT COST TO SELL A HOME IN ARLINGTON, TX?

Although North Texan cities have a reputation for lower cost of living, home sales prices in Arlington, Texas, have experienced an upward surge over the years.

Once known for cotton ginning and agriculture, the city with 403,316 people has become the North Texan top destination for sporting and recreation. It sparks with numerous activities ranging from arts and culture, entertainment, shopping, and lots more.

Arlington, Texas, experienced an average home sale price of $705,000 and a median price of $610,000 in 2019 alone. These figures have changed significantly since then.

Most people living in Arlington own their own homes, and more homeowners increasingly emerge. According to an online source, the prices of singlefamily homes are soaring due to high demands. “There is an absolute lack of single-family home inventory.”, says the source.

Homes were sold for about $159,900 to over $475,000 between 2020 and 2021. Prices depended on the size and features of the properties sold. Perhaps, this boom is heightened by the COVID-19 pandemic that led to increased demand for homes in affordable cities across the United States.

The value of homes in Arlington, Texas, is typically at $236,401 and is seasonally adjusted. Some three-bedroom and twobathroom homes were sold at $127,000 in 2021. Another home of four bedrooms was sold at $290,000.

Here are keys to help measure market performance across Arlington and within North and South Arlington:

• Prices of detached homes increased from $890,000 in 2018 to $950,000 in 2019. • A detached home in North Arlington is 55.5% more expensive than one in South Arlington on average. That is 76.9% more expensive for a townhouse/ duplex.

Besides, recent data provide that threebedroom detached homes are sold for $821,597 on average, while buyers purchased four bedrooms at an average of$1,007,157. Two-bedroom Townhouses/ Duplexes were sold on average at $511,569. Also, prices of detached homes will appreciate more significantly in the coming years as demand tends to increase.

If you are planning to sell a home in Arlington, Texas, here are things you need to fix with your home before putting it up for sale, so you can sell at a competitive price and prevent unnecessary delay in sales.

• Fix Worn Out Window Screens Buyers are sensitive about the appearance of the house they want to acquire. Even as you ponder selling your home, consider repairing some of the things that seem minor but are essential. Replace or repair your window screen if Streit’s. In some cases, buyers insist that sellers do that or demand credit.

Why lose a potential buyer because of a window screen that you could have replaced?!

• Fix all Sticky Door Locks Some door locks may become sticky after being used for a long time, and this should be fixed before putting up your home for sale. Such door locks could turn off prospective buyers as no one wants to replace them immediately after acquiring a new home. Ensure all door locks are free to push and pull.

• Ensure Old Electrical Panels are in a Good State/Replaced Home sellers often have face-offs with buyers regarding the repairs of electrical panels. While the seller may feel it works fine, the buyer might see it as a panel that could disappoint them at any time.

• Hire a Professional Cleaning

Service It is a good idea to clean yourself - but you might need an extra, professional eye to handle the job for you. Such Cleaning services take care of every dusty place you might overlook. Their experience with deep cleaning, as well as more advanced equipment, would be helpful to give your house a make-over.

• Arrange Items to Create Space/

Declutter Spaces are important to home buyers, so ensure the kitchen cabinets are arranged properly to avoid clutter. Remove every item due for discarding. You could fix a garage sale for that. Nothing appeals to home-buyers like the feel of space.

Conclusion

With prices of homes climbing in Arlington, Texas, you might decide that this is the perfect time to bid a sad farewell to your current home. If that is so, your house need not stay on the listings for too long. Once you make the minor repairs and improvements, seek the services of a broker to get your home listed for sale.

References

https://www.elvisbuyshouses.com/sell-your-housefast-arlington-tx/ https://www.arlnow.com/2020/01/28/ask-eli2019-arlington-real-estate-market-reviewdetachedtownhouse/ https://en.wikipedia.org/wiki/Arlington,_Texas

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