Are you planning to sell your property in the future? Are you thinking of what ways to improve its amenities and facilities so that you can put a higher price tag on it? One of the things that you need to look at is your Lakeland parking lot paving.
Unknown to many, a lot of potential homebuyers would look at your garage or your parking lot before deciding if they will make an offer for your property or not.
Why Homebuyers Want A Parking Lot
There is no one potential homebuyer who will tell you that parking lot and driveway is not an important component of his home.
Everyone who is planning to buy a home will appreciate the inclusion of a well-maintained parking lot. They may be more open to paying a higher price for your property if the garage or the parking lot is well-maintained.
It’s not only about aesthetics. Homebuyers want to make sure that their properties are secured. They want to sleep at night knowing that their cars are well protected in their garages or their parking lot.
The very same reason why you decided to make your parking lot smooth and well-maintained is also the reason why a potential homebuyer would be willing to pay a higher price for it.
How Much Are They Willing To Spend
Constructing a parking lot in your property will cost about $7500 to $14,000 for a one-car garage. The two-car and three-car garage will cost higher. The question is: how much will a potential homebuyer be willing to pay for the parking lot? The answer depends on how much you’re selling the property in the first place.
If you’re selling on the average price level, a homebuyer might be willing to pay the whole amount that you spent on your parking lot that provided that it comes with security features.
However, if you’re already selling your property at a much higher level than average, no sane homebuyer would want to pay extra for the parking. Instead, they will probably ask that the parking lot be included in the amount.
How To Advertise A Property With A Parking Lot
Let us be honest here, your Lakeland parking lot paving is not the main feature of your home. It is the living room, the bedroom, the open space kitchen, and the neighborhood.
However, it will do you good to advertise the parking lot, too. You can use this as one of the highlights of your property. You’ll find that more people are interested in your property when there is a very secure parking space where they can leave their cars.