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Real Estate Matters

Members of the Silver City Regional Association of REALTORS-?, Inc. will write periodic columns under this heading to inform the public about real estate matters.

The opinions do not necessarily reflect the opinions of the Grant County Beat.

Your home’s curb appeal is the first chance to impress potential buyers. Whether buyers are wowed by a beautiful and well-maintained yard or are repelled by dirty exterior walls and an overgrown lawn can significantly impact your home’s sales price if you're thinking of selling. Start working on your to-do list now so that your home will be ready to be listed and marketed this spring.

“When buyers pull up to a house, they want to be able to picture themselves living in and coming home to it. Dead grass and chipped paint can make that all the more difficult to visualize,” said Kim Clark, Association Executive of the Silver City Regional Association of Realtors. “Making sure your home is prepared - both inside and out - before you put it on the market could help it sell faster and for top dollar.”  

Here are a few tips to make sure your curb appeal is making the best impression on potential buyers:

Grant County saw the highest number of residential sales since 2006 with 366 homes sold though the Multiple Listing Service in 2019. 2018 sales were 344 and 2017 340. The previous two years the median sold price averaged $138k. In 2019 the median residential sales price was $153,750 and the home was on the market for an average of 168 days.

“After so many years, we’re finally in a seller’s market again - our little piece of paradise is on the map, and the real estate market in our area is suddenly super-hot! While property values are increasing again, we’re still in a perfect storm of low interest rates and taxes, paired with affordable home prices. It’s still a great time to buy a home here, but an even better time to sell.” Nikki O'Connell, 2020 President of the Silver City Regional Association of Realtors.

2019’s New Mexico Housing Market ended with sales numbers higher than every year since 2008 (when the New Mexico Association of REALTORS (NMAR) began keeping state-wide statistics) except 2018, which was an off-the-charts year for the housing industry.

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Editor's Note

New classified for Silver City church seeking office manager.

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