If Your Property Needs Improving, Do Not Price It As If It Does Not

Buyers are tripping over themselves to buy houses these days. 

They'll pay a price higher than you'd expect for just about any property, regardless of condition, right? 

Well, maybe not all the time.

If your property (where you live... or your rental property) needs painting, and flooring, and general repairs, and landscaping help...

...maybe you shouldn't price it as if it does not need those improvements.

Again, in this market, anything is possible -- but if ten buyers come to see your house in the first week and they all would have liked the house at your list price if those improvements had been made -- but not without the improvements -- then you will probably find yourself needing to make a price adjustment.

So, when you are pricing your home -- compare not only the specs (size, age, location) to other recent sales -- but also the condition!