Dympna Fay-Hart
Serving Chicago Area Sellers & Buyers

(773) 230-3800

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How To Make Your Small Home A Hot Commodity

If you live in a smaller-than-average home, don't be concerned about your home feeling too small for buyers. As we say in the real estate business, there is a buyer for every home, and there are actually lots and lots of buyers for smaller homes . . . singles and retirees are just a few of the large group of buyers of smaller homes.

Large and small, all homes have special selling features and attributes. My job as your real estate agent is to market your property to the largest pool of likely buyers and to help you with things that can be done to make your home feel more spacious and attractive.

One of the first things I am thinking about when viewing your home is "who is the likely buyer", so identifying the target market for your home. With Millennials entering the market for the first time and Baby Boomers downsizing in retirement, smaller homes are becoming more appealing. Single professionals, retirees who don't want to manage big houses anymore, or couples without children, are all part of the target audience.

Depending on the location of your home and its proximity to public transportation, dining, entertainment, public parks, etc., it may appeal more to some segments than others.  Buyers are looking for homes that fit not only their budget but also their lifestyle. 

No matter how small your home is, there are staging techniques that can make it look and feel more spacious.  Often it doesn't take a lot of money, just significant de-cluttering, possibly rearranging furniture, or removing some of the furniture to create more open space . . . and, of course, lots of cleaning.  

Another thing that makes a significant difference in making your small home feel more spacious is creating more natural light by opening window shades and cleaning windows.  Repainting is almost always a good idea, choosing lighter neutral paint colors with cooler tones.  You really can't go wrong with the Sherwin Williams HGTV Neutral Nuance colors . . . stay with the lighter tones. 

One of the most important things I do as a real estate agent is to make your home as appealing as possible by highlighting your home's particular selling points.  Often by properly highlighting the location and/or character of your home, it can become a hot commodity.  

Contact me with all your real estate questions.  I would be delighted to meet you and help you achieve your goals.