Let’s face it: selling property in Lexington is hard. There are so many things to do, so many steps you need to take and the entire ordeal is just stressful. Whether you’re selling a new unit a few blocks away or an older Lexington property, the steps you need to take and the factors you need to consider are pretty much the same.
With a reasonable cost of living and exciting attractions like historical sites, some of the best bourbon in the country, derby horse races, and more, the Horse Capital of the World is a wonderful place to call home. If you plan on selling property in Lexington, Kentucky, we’ve compiled some of the benefits of living in Lexington. Keep on reading to find out how to market Lexington property online to potential buyers.
What to Know Before Moving to Lexington, Kentucky
Lexington, Kentucky’s second-largest city after Louisville, with a population of close to 320,000 people, is a great place to move in for your professionals and small families. Its size places it as the 60th largest city in the country. Lexington, which can be accessed from either Louisville or Cincinnati in one and a half hours by driving, is situated close to the Daniel Boone National Forest. Lexington offers numerous opportunities to enjoy the city’s rich culture, history, and delectable Southern food in addition to its excellent location.
Another fact about Lexington that potential buyers might like is its affordable cost of education. For starting families and aspiring postgrads, having access to affordable education might just seal the deal. Compared to other states in the country, Lexington appears to be one of the most affordable cities when it comes to higher education.
Lexington also offers a stable housing market with well-priced houses. According to Realtor, Lexington remains a seller’s market, with homes selling for just 1.7% above the asking price on average. This figure is actually not that bad, considering other cities in other counties have homes selling for 4% and above the listing price on average. Additionally, on average, Lexington properties only stay on the market for 37 days, give or take. This means that there is a steady ratio for supply and demand despite it being a predominantly seller’s market. Buyers still have options.
Because of its stable economy, varied employment market, and affordable cost of living, Lexington is a good city to call home. With a cost of living index that is significantly lower than the national average, it is one of the top 20 most cheap locations to live in the United States. Additionally, compared to other cities in the same metropolitan area, it has a lower crime rate. This lovely community is located in a region famed for its horse farms and whiskey, set among gorgeous rolling hills.
Interested in selling your Lexington, KY home fast? Well you’re in luck, because we are professional home buyers here at Rylo Homes, and we are interested in buying your property–regardless of its condition.
SELL TO A PROFESSIONAL HOMEBUYER
If you live in Lexington, Kentucky and are interested in selling your home, we can help here at Rylo Homes. We are a real estate solutions company that specializes in solving your real estate problems for you. We buy houses in Lexington, KY, and will act as your personal guide during the entire home selling process for your convenience.
Professional home buyers buy your home in cash, fast. You can enjoy a fast transaction without having to worry about making renovations, repairs, or staging your property for an open house, that way you can focus on more important matters.
Our goal at Rylo Homes is to improve the overall quality of housing for the residents at Lexington, KY. We buy houses in just about any condition and situation, including foreclosure, late mortgage payments, or fair market value. When you choose to sell to us, you don’t have to wait weeks and months just to get good offers. We’re direct buyers and we pay in cash to arrange a quick close. For more information about our home buying process, give us a call at (502) 317-8553 today.
