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REINTRODUCING SMALL TOWN REAL ESTATE

By
Real Estate Agent with The Melcher Agency

Presenting homes or other real estate for sale in very small or rural towns these days can be challenging. Many are moving from such places for bigger cities, leaving these towns looking and feeling much forgotten. Occasionally it is exactly what a buyer is looking for, but not only is that increasingly more rare, it also poses hurdles to actually reach closing. When a young family or couple dream of charming antique small town life but find that the reality is very old run down houses with very little amenities they will often turn away. Trying to cater to that old fashioned small town sensibility can be your down fall when actually trying to land the sale.

Selling real estate in rural areas may attract new and different types of buyers than may be expected, or once thought. For example, many elderly couples are not that excited about living in one of our fancy new retirement villages. The quiet and secluded environment may be exactly what the doctor ordered for those able bodied late in life. Older people looking for a new home may simply want something smaller, and resale value isn't high on their list of priorities.

Then don't discount the young fast paced businessperson. There are a number of government loans and grants available for improving real estate in rural areas. It is possible to cash in some extra help starting up that exciting new trend of flipping houses for a profit.
Many prospective buyers are totally unaware of the possibilities for homes and land in those areas that are more desirable than they seem on the surface.

 

 

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