Sell your McKinney home
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You're a few seconds away from getting an offer for your McKinney home.
The McKinney housing market is somewhat competitive. Homes in McKinney receive 2 offers on average and sell in around 48 days. The median sale price of a home in McKinney was $554K last month, +9.7% since last year.
Even though the market has shifted across the U.S., McKinney is still a good market to sell your home.
In the last 30 days, homes for sale in McKinney, TX sold for a median price of $554K, +9.7% compared to the same period last year. The median price per square foot was $220, -0.68% year-over-year. There were 216 homes sold, down from 746 last year. Homes typically received 2 offers and stayed on the market for around 48 days.
Andy will help you get the best offer in McKinney with no repairs or showings.
Selling your home in McKinney, TX can be an exciting but daunting process. With the right strategies and insights, you can make top dollar on your sale. Below, we share valuable tips, market trends, and home improvement suggestions to help you navigate this journey successfully.
McKinney's real estate market is dynamic, with trends that every seller should understand. Currently, the average days on market is 48 days, and the median list price for homes is around $549K, with a median sale price at $554K. Knowing these figures is crucial for setting the right price for your home.
While the market data is essential, upgrading your home can significantly boost its appeal and value. Here are some trending renovations that can offer the best return on investment:
A kitchen update can be a game-changer. A minor remodel costing between $10,000 and $20,000 could see a 75%-80% return, while a major overhaul could cost up to $70,000 but still yield a 60%-70% ROI.
Upgrading your bathrooms offers a high ROI. A minor remodel costing $5,000 - $15,000 can return 70%-78%, while a major one could return 55%-65%.
Create an inviting outdoor space with a deck costing between $4,000 and $10,000, or a patio for $2,000 - $5,000. Expect a return of 50%-75% on your investment.
First impressions matter. Investing $3,000 - $10,000 in landscaping can yield a return of 100%-200%. Simple updates like new paint and a fresh front door also add value.
Replacing old windows with energy-efficient ones can cost $5,000 - $12,000 but offer a 60%-80% ROI, attracting eco-conscious buyers.
Transforming these spaces into livable areas can cost $20,000 - $50,000, enhancing your home's square footage and yielding a 65%-75% ROI.
New siding not only looks good but offers protection. Costs range from $8,000 to $20,000, with an ROI of 70%-90%.
Adding smart home features like thermostats, security systems, and lighting can cost $1,500 - $10,000 with a 50%-65% ROI, appealing to tech-savvy buyers.
Renovations can be time-consuming and stressful. If you're looking to sell quickly without the hassle of upgrades, consider selling directly to companies like Frontdoor. This option allows you to bypass the traditional market and get a fair price without the need for extensive home improvements.
Staying informed is key to a successful sale. As of the latest trends:
Whether you decide to renovate or take a more straightforward route by selling directly to Frontdoor, understanding the McKinney real estate market can help you make informed decisions. Remember, focusing on upgrades that add value and staying abreast of market trends will ensure you get the best price for your home.
Start by sharing what makes your home special. Mention any upgrades, unique features, or renovations you've done. This helps in getting the best offer.
Look at similar homes in McKinney to understand the market. This comparison helps in setting a competitive price and sells your home faster.
Consult with a local expert who understands the McKinney market. Their knowledge can help with pricing and give you an edge in selling your home quickly.
