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Did you know that 1 in 9.7 Wolverhampton homeowners reduce their asking price every month? With the number of Wolverhampton homes for sale rising sharply in recent years, understanding how to strategically position your home is more crucial than ever. Discover the 6 key insights to decide if you need to reduce your asking price and sell faster
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🍂🍁 Top 5 Tips for Selling Your Home This Autumn 🍁🍂
As the vibrant colours of autumn sweep through neighbourhoods and the air turns crisp, it’s an opportune time to put your home on the market. Embrace the charm of the season and turn it into a strategic advantage! Here are the top five tips to help you successfully sell your home this autumn.
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If you’ve ever considered selling your Wolverhampton home, you may have felt the temptation to list it at a higher price, hoping for a bigger payday. After all, who wouldn’t want to maximise the return on their largest tax-free investment?
However, this approach has a downside that many Wolverhampton homeowners - and even some estate agents- overlook: the risks and costs associated with overpricing/overvaluing your property. Recent data shows that homes priced too high take much longer to sell and are far less likely to complete the sale successfully. Let's dive into why correct pricing is essential to ensure a smooth and profitable sale for your Wolverhampton property.
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The Renters’ Rights Bill, recently announced by the Labour Government, introduces sweeping changes to the private rental sector in England. The Bill is not law yet as it needs to pass through parliament, still many landlords may feel apprehensive about these reforms. Yet it’s important to note that much of what the Bill introduces was going to introduced by the Tory’s earlier in the year (yet they ran out of time before the General Election). It has been discussed in detail over the past few months in our articles on the Wolverhampton property market.
Let’s explore the key points that Wolverhampton landlords should be aware of and how they impact the sector.
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Welcome back to news of Wolverhampton's property market, where each week we bring you different local property market stats and trends. This week we are back again with the September’s £/sq.ft statistics.
The average property presently in Wolverhampton is on the market for £263 per square foot, a figure representing the current heartbeat of Wolverhampton's property market.
Last month it was £266 per square foot.
That doesn’t mean Wolverhampton's house prices have changed by that percentage, just the mix of properties for sale, thus changing the £/sq.ft figure. This snapshot is crucial for Wolverhampton homeowners and landlords; it's not just a number but a story of our community's property market.
Each month, we will revisit that figure and use it to gauge the health of our local property market.
Are you keen to know how your home aligns with these trends?
We invite you to a no obligation chat about your property's potential value – no strings attached.
Stay informed, stay ahead, and stay connected with Wolverhampton's property market beat.
