308 Mill St., Milton, De 19968 | $158,900

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Property Details

Ideally located in downtown Milton, this 3 bedroom 1 full bath home has been freshly renovated. Brand new easy-care laminate and tile flooring throughout, new HVAC system, updated plumbing and kitchen cabinetry. The kitchen leads to the deck, perfec
  • MLS Number: 717502
  • Status: Active
  • Price: $158,900
  • Property Type:
  • Area: Broadkill Hundred
  • School District: Cape Henlopen
  • Square Footage: 1,149
  • Year Built: 1920
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Number of Stories: 2
  • New Construction: No
  • County Taxes: $50
  • Furnished: No
  • Lot Square Feet: 8,194
  • Lot Size Acres: 0.19
  • Lot Description: Cleared
  • Water: Public Central Water
  • Sewer: Private Central Sewer

Interior Features

  • Kitchen: Eat In
  • Fireplace: Wood Burning
  • Heating: Heat Pump(s)
  • Cooling: Central A/C
  • Flooring: Laminate, Tile
  • Basement: Crawl Space
  • Attic: Floored
  • Security: Security System
  • Appliances: Washer/Dryer Hookup Only, Water Heater Electric
  • Interior Features: Cable TV Prewired, Fireplace-Wood

Exterior Features

  • Style: Cottage
  • Construction Type: Stick/Frame
  • Exterior Type: Wood
  • Roofing: Asphalt Shingle
  • Foundation: Other See Remarks

Listing Courtesy of OCEAN ATLANTIC SOTHEBY'S INTL REALTY

For Sale by Owner Can Be Risky Business!

When you determine to sell your house, one of the first choices that comes up is tactical: do you try to sell it yourself as a Milton “For Sale by Owner” property—or do you enlist a real estate agent? Since your object is to maximize your profit, you might think that most thrift-minded home owners would decide to eliminate the agent’s commission and do the work themselves. But that’s not the case.

The majority of sellers ultimately team up with a Milton real estate agent. Sometimes they go the For Sale by Owner route first, but after testing that method, change courses. The statistics show that the selling price of Realtor®-assisted home sales is higher (a $40,000 difference, according to the latest study) which certainly would explain part of the reason. But other factors come into play, too:

  1. Pricing:  If you aren’t immersed in Milton’s real estate business five to seven days a week, there’s no way you can have the intimate knowledge about the current market that comes with daily work in the field. A real estate agent comes armed with extensive knowledge of the local market and all the changes that have brought it about. It’s extremely important to price your home correctly to sell it on the first go-round. It’s a demonstrated fact that the longer a home sits on the market, the lower its final sale price. 
  2. Time and Energy:   A Milton For Sale by Owner sign in the front yard means you are in charge, 24/7! That’s despite any other demands on your time—for example, your job! One of the benefits of using a real estate pro is that selling your property is our singular focus: our job! It means marketing, networking, working with buyers. Doing whatever it takes to get your house sold is our first priority. Lacking the same kind of time and resources, a For Sale by Owner seller is at a clear disadvantage in the competition to sell houses. It’s a marketplace where one missed buyer can mean the difference between a listing that turns into a sale…and a listing that turns stale.
  3. Objectivity:   The house is yours: you designed or decorated it; you’ve fixed and painted and mowed and swept it. If you took your work seriously, you feel at least some pride in how it’s presented. Unfortunately, that’s a problem. Lacking objectivity in the sales milieu can be one of the biggest hindrances to actually selling your house. It makes it hard for you to negotiate—to see and acknowledge the flaws a buyer sees. And it can make buyers wary of even wanting to negotiate with you in the first place. Either factor can prove costly. Separating owner from sales agent opens communication. It’s a relief for everyone!
  4. Paperwork:   This is the most obvious point. If you choose to wade into the paperwork/deadline process yourself, you’d be wise to count on needing a bit of extra attention from a good real estate attorney—if only to avoid potential litigation down the line.
  5. Security:   It’s unfortunate, but putting your house up For Sale by Owner in Milton (or anywhere) can make you a target. Less-than-honest folks are out there—creeps who may specialize in sellers who might not follow the proper measures for letting people into their homes.

If you are looking into selling your own home this month, I’d like to offer you a complimentary property evaluation. Whether or not you decide to go the Milton For Sale by Owner route, it’s sure to be well worth discussing what to expect from today’s market!

The Best Milton Home Staging Elevates Neutrality Over Style

Staging a Milton home for sale may not be rocket science — but doing it well does require a marketer’s ability to step outside yourself to picture what will most appeal to potential buyers. Our first instinct is to set up our home exactly as we like to see it, but that’s not how the professional stagers do it.

When you think of the way a model home looks, you begin to get the picture: they are always pleasantly neutral. Sort of boring, actually. Always. It must work!

Once you’ve listed your Milton home, there are some very common home staging pitfalls to avoid. First and foremost, as much as possible, pack up your personality and stow it in with the cartons of kid stuff you’re clearing away. Simply assume that prospective buyers won’t love the piles of Oprah magazines in the living room — or the kids’ art projects in the den.

And it’s almost always unnecessary to undertake huge renovations. Home staging is not synonymous with redecorating. Often, sweeping renovations wind up being a money-throw that’s never returned. In home staging as in most activities you undertake in selling your Milton home, consult with your Realtor® partner: it’s often the case that simply lowering your asking price even part of the amount you would have spent will get the job done – and faster!

This spring, as you do a first walkthrough to consider your Milton home staging approach, start by opening all curtains and blinds. The reason? Home staging is most successful when the rooms are filled with light. If potential buyers walk in the door and see a dark or dimly lit room, that’s a house that looks far less appealing – especially as we go through the Daylight Savings months. So throw the blinds open, turn all the lights on, and you’ll see what your prospects will be seeing.

Taking the prospects’ view is what home staging is all about. And when you are looking for an agent to help get you there, I’m ready to put a plan to work for you!