Declutter Your Home to Reap the Rewards in a Sale

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When you go to sell your property this spring, you're probably going to need to spruce it up a bit. Decluttering your home is an essential part of the staging process, and it can add a lot of value to your home despite the simple steps that can be taken to make your home look like new. Today I'll be going over a few simple steps for decluttering.
  1. Clean for a Cause: When you're getting rid of unnecessary items in your home, you can always donate your unwanted items to the Salvation Army or the Goodwill. Sometimes getting rid of things is easier when you know that they'll be going to a good cause rather than a dumpster. Be sure to itemize things if you want tax deductions as well.
  2. Let Go of Objects: Getting rid of old belongings is tough. We all struggle with it, but some things you really do need to just get rid of. That old cast from when your child broke their arm twenty years ago is one of those items that could be thrown out. There are many other things we could probably stand to lose, if we just commit to ridding these items.
  3. Get Rid of Health Hazards: Clearing up dusty, unused spaces in your home can improve air quality, as dust and mold that gather in areas can be a detriment to your health in the long run. 
  4. Reclaim Your Space: If you need more motivation to declutter your home, consider how you could use areas that are full of unwanted items. That pile of old furniture in your garage could be used as a minibar, or that collection of clothing in your sun room could be thrown away and turned into a tea room. 
These are just a few ideas I had to share with you, but there are endless ways to organize and clean your home to attract buyers and increase your final sale price. If you have any questions about this topic, please don't hesitate to reach out to me. Whether you're buying or selling in Lexington, consider me your #1 resource for real estate!

How Can You Take Advantage of Central Kentucky Real Estate?

Want to sell your Lexington Home? Get a FREE home value report. 
Want to buy a Lexington Home? Search all homes for sale.

With the spring real estate market blooming here in Lexington, I thought this would be an opportune time to update you on what's going on in our local market. I'm going to be taking a brief look at how the market wrapped up in 2014 and how this will affect us in 2015. 
  • At the end of 2014 we had 4,740 homes on the market, and at the end of 2013 there were 4,933 homes for sale. This means that the inventory is down this year.
  • We currently have 6 months of inventory, putting us in a neutral market that favors neither sellers nor buyers.
  • Average list price in 2014 was $183K, compared to $177K in 2013, which is a healthy amount of appreciation.
  • The average time on the market remained the same at 106 days, and the average list-to-sale price remained the same at 96%. 
  • In 2014 we had 9,821 homes sell, and in 2013, 9,862 homes were sold.
  • The average sales price in 2014 was $175K, compared to $171K in 2013, and this also shows a healthy level of appreciation (around 3%).

Keep in mind that affordability is as high as it's been in a long time. We expect a lot of buyers to come onto the market this spring, and this scenario will be great for both buyers and sellers alike. You have a chance to move up into a nice home, or to buy a great starter home.

If you have any questions about the real estate market here in Central Kentucky, please don't hesitate to contact us. We're always willing to lend a helping hand to you.