Selling a Dallas townhouse takes a good amount of preparation and effort, along with strategic marketing, as with any other real estate sale. Because a townhouse is very close to or shares walls with other units, you need to know how to market to the purchasing public. And then there are the HOA rules that make it even more different to selling a Dallas townhouse than selling a traditional home. The sale itself may be somewhat the same, but the emphasis on preparation and marketing is likely to differ. So check out our tips for a Dallas townhouse sale.
Market Appropriately
It can be both simpler and harder to market and sell a Dallas townhouse than to sell a traditional home. Determining fair market value and pricing is usually easier because within the neighborhood of townhouses, there are several or many very similar homes. And that makes it easier to reassure buyers you’ve been pricing fairly.
But different communities in townhouses have different amenities and different rules which make marketing a little more difficult. Buyers will look at the perks and regulations of both the townhouse and the community, as well as shared and nearby amenities. “You and your real estate agent can,” the pros insist, “include in the listing any walking trails, parks, playgrounds, fitness centres, swimming pools and reserved guest parking.”
In general, you need to align your listing and marketing with potential buyers who will be interested in what your townhouse has to offer. Learn how your local agent will support you with that by calling.
Consider HOA Compliance
Another factor when selling a townhouse in Dallas is ensuring that you comply with HOA rules and regulations. “Depending on how involved your HOA is, regulations may be in place regarding where you can put your ‘ For Sale ‘ sign and how you can market the land. Make sure to check the bylaws of your neighborhood at the beginning of the sale process to determine what you can and can not do. “And bear in mind, too, that the purchase agreement sometimes includes a clause in selling a townhouse that makes the sale dependent on the buyer’s approval of these rules by a certain date.
Prepare Thoroughly
Selling a townhouse in Dallas in one way is no different from selling any other sort of real estate. And this is because you’ve got to ready the property for sale. It is only that buyers can be more selective with a townhouse, and this planning becomes even more significant.
Here are just some of the things you’ll need to do.
- Paint – Usually more subdued and neutral, you will need to repaint the interior in appropriate colors and tones. But be sure to check with your HOA before doing any exterior painting.
- Declutter and Clean – You always need to declutter and deep clean, no matter what type of property you own. You should also do some stageing, at least. Many surveys show that staged homes are selling faster and at a better price so you probably should consider hiring a professional stager.
- Update / Replace Fixtures – If your townhouse appears to be well maintained and up-to-date, you’ll get a much better chance to sell at the price you need. The most important here will be the kitchen and bathroom but don’t neglect the other rooms, especially when it comes to light fixtures.
- Address the floor-Floor gets more attention from the buyer than you might think. And make sure to refinish or at least paint those hardwood floors and clean or remove the carpets where worn or stained.
- Boost Curb Appeal – What produces the crucial first impression is the outside of your townhouse – the landscaping and the rest of the curb appeal. And make sure that the outside looks as good as the inside (but you should test the HOA again to stay in compliance).
Play Up the Benefits
Townhouses and residential townhouses offer several benefits and advantages, and you should definitely emphasize these when selling your Dallas townhouse, especially in marketing terms.
For example:
- Townhouses are a great option for first-time home buyers, financially. They allow them to purchase a home in an area they might otherwise not be able to afford. Often buyers can buy a property with the same number of bedrooms and bathrooms as a standalone property, for a fraction of the price at their desired location.
- A big appeal for townhouses is that they usually have low-maintenance living conditions. Owners contribute to maintenance costs (primarily through HOA dues), but in fact they don’t have to do any of the major maintenance tasks.
- Built-in Community-A townhouse is a perfect option for gregarious people who like an active social life. Very close by are the many other residents of the townhouse community, as well as the social events organized.
- Today the fact that townhouses are very much energy-efficient and environmentally friendly is an important point to play up in selling a townhouse in Dallas. We are being designed progressively with sustainability in mind.
Find an Agent With the Right Experience
Selling a townhouse in Dallas can be quite different from selling a typical detached single-family home, as we have described. And that means you’ll need an agent who has solid experience with the process of selling townhouses, and so understand everything involved. And a local real estate agent that has experience in selling townhouses in your area is even better.