Is Selling a Condo Different from Selling a House?

5 Great Tips for Selling Your Condo for Top Dollar

If you currently own a condo and are considering selling it, it is common to wonder how long it will be on the market before selling, compared to a single-family home. What is even more important is finding tips proven to sell your condo quickly and for top dollar. Condos can be a big selling point to a specific group of people–those who love the perk of easy living.

In this article, we will discuss top five tips for selling your condo for top dollar in 2025.

1. Price Your Condo According to Special Features and Availability

As home prices in today's market and interest rates remain elevated, condos remain an enticing option. For many prospective condo buyers, the appeal of owning a condo is that it provides all the perks of homeownership but comes with additional perks that will reduce the hassle of homeownership. Owning a condo can be more affordable than renting, allowing owners to build equity. Condo owners typically have a fixed-rate loan where monthly payments remain the same, regardless of what the rental market does.

2. Make Sure Your Condo is Move-in Ready

Jake McClure of Burling Square Group adds this: "Condos are attractive to buyers who are looking for turnkey properties, from young professionals to empty nesters who are looking to downsize. Condos that are updated will sell above ones that are not. From new flooring, trim, appliances, and countertops, if your condo features these while others do not, there will be a profit returned when selling."

3. COA Fees Should Be Addressed When Highlighting Amenities

Like communities that feature HOAs, those living in a condo complex will be governed by a condo owner's association (COA) and will have rules to follow as well as fees to pay. These fees are in exchange for having access to luxury-style amenities. When listing your condo, ensure you are clear about fees and what amenities you want included. Most monthly fees go to the following, including:

• Utilities like electricity, cable television, water, heat, sewer, and garbage collection.
• Maintenance of exercise facilities, parking areas, elevators, and shared spaces.
• Snow removal and landscaping.

Amenities and services should be highlighted for complex offers when creating a listing description to appeal to buyers. When making a market strategy with your agent, focus on the unique advantages of condo living, including the following:

• Low-maintenance living and upkeep time saving.
• Shared amenities like gyms, pools, and common areas.
• Community and security features.
• Convenient location with close transportation options and attractions.

4. Show Off the Size of the Condo Through Staging

Kevin Koitz of the Koitz Group shares his take: "Condos come in all sizes, with standard sizes ranging between 900 sq. ft. to 1,200 sq. ft. When you are preparing your condo to go on the market, you should pull out all the stops to show off the best parts of the condo. Along with depersonalizing and decluttering your condo, you will want to stage it to emphasize the spaciousness. When hiring a professional home stager, you can stage your home on your own."

Tips for condo staging include the following:

• Hang window treatments that allow natural light to flow in the space.
• Use LED lights for more light.
• Adopt a neutral color palette for flooring and walls.
• Choose small, sleek furniture over bulky, big pieces.
• Remove rugs that make the space feel smaller.

Invest in high-quality photos that highlight the property's best features, and if your budget allows for it, opt for aerial drone shots to provide prospective homebuyers a fun, unique perspective of the condo and the surrounding area.

5. Mention Incentives to Buy

Your condo may come with perks like incentives for buyers. For example, some complexes provide a one-year membership to a gym or a gift card to a luxury department store. Buyers purchase condos as an investment property, and if your condo allows leasing, the potential for renting out the unit should be advertised.

Bottom Line

Of all the tips in our article for selling a condo, the most important of tips to give is to work with a trusted real estate professional specializing in condo sales. An agent specializing in selling condos in your area will know the market inside and out. Apart from guiding you through the whole process, they will also fill you in on what upgrades to prioritize for an effective marketing strategy to list your condo for top dollar in a competitive market.