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There’s no doubt 2020 has been a strange year for careers, families and communities – this includes real estate. Across the country, inventory was at historic lows over the spring and summer months as COVID-19 left many people uncertain about their future.
But, for those looking to sell, doing so during a period of low inventory could be a good thing. Real estate prices are classic supply and demand economics. Even if people aren’t willing to spend as much on a house, lower demand means they have far less choices in homes.
Regardless of what’s happening in the real estate market, homes with curb appeal tend to sell for more money than those that have none. Curb appeal is one of many factors homeowners consider when buying a home – but for some, it’s the most important.
In addition to nice, clean siding, and tidy landscaping, the concrete around your house affects the overall curb appeal. Cracked concrete can look concerning to the home’s potential new buyers. Concrete that’s sunken or uneven is a safety concern.
If you’re thinking of putting your home on the marketing but are concerned about curb appeal, the good news is most of the time, the concrete can be repaired and restored without the downtime of re-pouring new concrete. Choosing the right contractor [MM1] can help keep your costs low, while ensuring your project is completed on time. Also, asking the contracting company about available financing options can help keep projects affordable in times of uncertainty.
Whether you’re looking to get your home on the market this fall or plan to stay in it for several more years, repairing the concrete around your home will only help with its curb appeal.
[MM1]Link to 4 Things to Ask a Contractor White Paper from July 22.