Mistakes That Make A Property Hard To Sell
Everyone has heard real estate stories or knows of someone who has put a house up for sale, only to have it sit on the market for months or even years. What makes property in Mexico hard to sell? We are here to tell you. Many people have bought or built their dream home in Mexico, but it is important to think about its future value. Many areas in Mexico either don’t have restrictions when it comes to building or remodeling or existing restrictions are not enforced. As a result, many homes have ended up with unusual features that could cause a potential buyer to think twice about putting in an offer. Over many years of selling homes and working with real estate in Mexico, our agents have seen everything you can imagine. Find out what are some of the mistakes you can make when remodeling your home.
Remodeling In A Way That Makes It Difficult For It To Be Anything Else
Some people have built small, windowless rooms within larger ones or rooms with large windows facing walls or oversized rooms leaving others that are too small to be used for anything more than a closet. Unusual construction like this can result in potential buyers turning their noses up at your home and opting for a home with a more spacious floor plan.
Everyone wants the perfect home – one that is custom-designed to fit their needs. Still, you need to think about future buyers and how they will feel about your design. Building odd-sized rooms or using an unusual floor plan can result in making your property hard to sell.
Bad Plumbing And Electric
Mexico does not have the same building codes as many other countries.
There won’t be inspectors to make sure your property is safe, or even legal to be built. There are homes where a pool took up most of the patio and had no plumbing. Its source of water was rainwater, which left a green, murky mess home to mosquitos and a disgusting smell.
Be aware that if you decide to build out in the jungle you may need to have your water trucked in.
Hire the best you can – a trusted Architect, plumbers, and electricians. You know what they say; you get what you pay for and this is a common cause for mistakes that make a property hard to sell.
Going “Green”
Properly installed green tech can be great, saving you money and increasing the value of your home. However, be sure to plan well, so it doesn’t ruin the structural integrity of your home. If you are not an expert, please consult with the right eco-architects.
Remodeling Without Taking The Existing Structure into Consideration
It is highly unlikely that you will be hiring the same group of people who built the original home. As a result, we see situations where a home’s structural integrity gets compromised. This can happen when, for example, you build more stories when the original structure was not designed with them in mind causing the floors and walls below to sink and crack. Avoid design choices where the extension is obvious.
Building or Buying Without Considering Parking
Some homes are built off the edges of cliffs, with one, narrow road leading up to them and no place to park. While this may make for stunning views, it does cause some inconvenience.
Parking spaces are a necessity; most streets do not have much room to park. Before you add extra rooms or a new pool, make sure there is enough space for off-street parking to accommodate one or two cars. Your buyer will thank you.
“Too Much” In One Package
Some people dream of huge houses with a Jacuzzi, a big infinity pool, and a multitude of bedrooms, living areas, and patios… all with an ocean view! Yes, the house may be beautiful on paper, and all these things do increase its value – but there is such a thing as “too much.”
The MexHome Pledge
If you are looking into real estate and want a fixer-upper or property in Mexico with rental potential, plan properly. These can be a great investment and can earn you back the money you spend and then some. But only if you avoid these common mistakes that make a property hard to sell. We are experts who want to help you. Let us answer your questions about real estate and property in Mexico. Through our experience, we have gained knowledge of how to easily buy and sell property in Mexico. Contact us today to see the amazing real estate in Mexico we have.
