Consider the Resale Value of Your Manhattan Home

As you work to sell your expired listing in Manhattan and move on, it’s important to consider the resale value of your next home. What aspects help (or hurt) a home sale?

1. Bedrooms

While these may be limited in Manhattan and Brooklyn, bedrooms are still an important factor when buying and reselling a home. Yes, they are necessary for a sleeping space for occupants, but they can also function as home offices, home gyms, craft or music rooms, and more.

2. Bathrooms

Again, you might be able to get by on one bathroom in a home, but many buyers will pass on a home with only one bathroom. If you can swing it, purchasing a home with more than one bathroom will significantly improve your resale value and help the home sell quickly.

3. Storage

This is an especially hot commodity in the city. Having good closets, basement or attic storage, and plenty of kitchen cabinet space will make the property more appealing to buyers.

4. Location

Where the property is located is often as important (or more so) than the actual amenities of the home. Is there a park nearby for people with pets or people who enjoy getting outdoors? Are there restaurants and nightlife options nearby? What about the school zone? Even if you don’t prioritize these kinds of things, most buyers will.

Consider these aspects of resale value when purchasing your next home!

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