Like any great investment, the value of something is usually commensurate to the care and attention given to it. When it comes to lucrative investments, there are few that can match the lasting value of a condo in one of New York’s most famous and affluent neighbourhoods. An address here is like a calling card of class and style. If you’re lucky enough to have condos for sale Upper East Side NYC, you stand to make a lot of money back on what you initially put in.
There are many reasons why someone would like to sell their prize NYC property. Perhaps it’s a need for money, a need to move to probably warmer climes, but more than likely, the purpose is to cash in on a long term investment. If you’re of the last group, one of the things you’ve probably noticed is that your condo has probably already aged somewhat. Like it or not, there are likely to be cracks, breakdowns and chips in the paint that reflect the passage of time appropriately. All these might turn off potential buyers so it helps to be cautious well before a sale. A few points to ponder:
A fresh coat of paint. Painting you condos for sale Upper East Side NYC might seem like such a huge inconvenience, but it’s one of the simplest things that you can do that will impact your pricing prospects later on. Paint, after all, no matter how pricy and special, will age and weather through the passage of time. As a side note, if you are painting anew, pick a neutral or bright color that will make a room seem larger and happier.
Repair the little bits. The smallest chips and cracks in furniture, walls, and floors might not be such a big deal for you, but some prospective buyers might take that as a sign of hidden trouble. Once they get these in their minds, it will be hard to sell off your condos for sale Upper East Side NYC at anything but a discounted price in consideration of the “possibly greater damage” they might yet discover. It pays to be vigilant.
Compare prices. You might not like numbers or math, but any business is a numbers game at its core, even real estate. One of the ways to help a sale is to compare with anyone in your building who’s also selling. If your price is much higher than theirs, you might turn buyers away. If your price is much lower, it might again have buyers imagine phantom problems. The key is to play a game of balances to get the price just right.
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