When selling your beach home, it can be easy to attach monetary value to your memories of the house. However, you might want to reconsider this thinking. Glenn Phillips, CEO of Beach Homes Realty, explains why memories do not add beach home value.
- “Gateway to Memories.” Buying a beach home is exciting. It provides opportunities to make future memories of family and friends, relaxation, and more. However, keep in mind whose memories they are.
- Whose Memories? Your memories of your beach home belong to you, not the buyer. These memories don’t add value simply because they’re personal and meaningful to you. Additionally, any work you’ve done to the house doesn’t add value only because you’ve put time into it.
- Selling? Depersonalize (and Protect!) When selling your beach home, take out any personal items with memories attached to them to help the buyer envision their future memories. This also helps protect these items from damage or even theft.
- Buying is Desire. Buyers have a desire to buy your home. Removing personal items helps them start thinking about their future memories there and not digesting yours.
- Selling is a Business Transaction. When selling, you should think analytically about how the value of your home is reflected in the current market. Your memories are important to you but not so much to the buyer.
In the eyes of home buyers, memories do not add beach home value. However, this doesn’t mean you can’t take these memories with you. They are valuable to you even after you’ve sold the home. Visit beach-homes.com to connect with agents ready to help you get your beach home sold.