If you have a gravel driveway, you may be accustomed to it and believe that selling a property with one will be straightforward. You did, after all, buy a house with a gravel driveway. While you may be able to sell it soon and for a decent price, you should be aware that paving it can rapidly pay for itself. Continue reading to find out more, and then call Berkshire Hathaway HomeServices at (310) 373-0021 for additional information on selling a house.
Paving a driveway costs less than $5,000 on average
While the cost of having your driveway paved varies widely depending on where you live, according to HomeAdvisor, the national average cost is little over $4,700. This is a significant investment, but it might pay off in a variety of ways.
Paved driveways can increase the value of a home by up to $20,000
Taking a gravel driveway and paving it may increase the value of a property by up to $20,000, depending on where it is located in the nation. Not only that, but it can speed up the sale of a house. Consider this scenario: a person is looking for a home and discovers two that they adore. One features a new blacktop, while the other has a fractured and damaged driveway. Which house do you believe they are most likely to make an offer on?
In urban and suburban areas, unpaved driveways are inappropriate
If you’re still not convinced that having a gravel driveway is a huge concern, remember that if you live in a city or suburb, others may think it’s out of place. Furthermore, most people are aware that gravel driveways are difficult to maintain and possibly dangerous. If you can afford to pave it, you’ll probably get a good return on your money.
Your driveway issues could be documented by a home inspector
If you opt not to pave your driveway, you might expect the home inspector to document it if it is in exceptionally poor condition. This might involve difficulties such as grass and weeds growing through the roadway, uneven spots, and crumbling or cracking. This may prompt a potential buyer to request a repair credit, requiring you to pay for the repair without ever enjoying it, or they may decide not to purchase the house.
What’s the best way to sell your house quickly and for the most money?
When a person sells a property, they have two major objectives: they want to sell it fast and for the highest feasible price. We understand your priorities and can assist you in achieving them. To speak with someone who can assist you immediately, call Berkshire Hathaway HomeServices at (310) 373-0021.