Selling a Condo in Davis Square

If you are thinking of selling your condo close to Davis Square, we’re going to have to look at a few things:

First, what is the health of your condo association? Special assessments, budget issues, legal issues, ongoing disputes with neighbors can all have an impact on the sale and getting this stuff squared away prior to listing is a must-do. I have seen firsthand how not defusing these bombs prior to listing can destroy a listing’s final sold price…don’t do it

Next is what is required to properly position your home? Who is the likely buyer to be? Many of the condos close to Davis Square in mid-sized buildings, for example Chester Street Manor located at 30 Chester St, are geared towards owner occupants on a tight budget - often a single person or young professional couple. Other, larger condos with 4-beds are more likely to be geared towards a young professional family with one or multiple kids and at least one parent working from home. How you prepare and market each of these scenarios is going to change in a big way, so knowing your audience here matters a lot. 

Finally, how you time the sale matters big time. We live in a seasonal market where things tend to slow down in the winter. But listing in the spring or summer doesn’t always make sense. We have to ask ourselves a bunch of questions to determine the ideal time to list - for example how much prep to the unit is required, are you living there now or is it rented or vacant, have you already purchased your new property, are you on a 1031 exchange? Your answers will vary and when your sweet spot to list will vary as a result too!

Whatever your situation is, I can help guide you through the condo sales market in Davis Square! Just give me a ring at 617-833-7457!