How to Sell Your Home in Lexington, Kentucky: Tips from a Trusted Realtor

by Maggie Wells

 

Selling a home in Lexington isn't like selling anywhere else. 

We've watched families navigate everything from historic Chevy Chase properties to modern subdivisions in Hamburg, and each sale tells its own story. The bluegrass landscape, horse farm views, and mix of university energy with southern charm shape how buyers think and what they're willing to pay.

At Live In Kentucky Homes, we've helped hundreds of families through transitions that matter—upsizing, downsizing, relocating, or handling estate sales. This guide shares strategies that consistently get our clients faster sales, better prices, and fewer headaches.

Understanding the Lexington Market

Lexington's median home price sits at $340,000. We're seeing homes move faster than they did two years ago, with the right properties attracting multiple offers within days. The job market here—anchored by UK Healthcare, Toyota, and growing tech sector—keeps demand steady even when other markets cool.

Different neighborhoods move at different speeds. An updated ranch in Hartland might sell in two weeks, while a historic home in Ashland Park could take longer but command a premium from the right buyer. We track these patterns daily, which is why our market evaluation tool considers factors most automated estimates miss.

The mistake we see sellers make? Assuming their home will perform like the house down the street. Every property has its own story, buyer profile, and timeline.

Preparing Your Home for Sale

Walk up to your front door like you've never seen it before. 

What hits you first? 

These details matter. Because 98% of real estate professionals agree that curb appeal directly impacts how quickly homes sell.

We tell clients to start outside and work in. Fresh mulch costs $200 but makes landscaping look professionally maintained. Power washing the driveway takes a Saturday morning but eliminates years of accumulated grime. Small investments, dramatic returns.

Inside. Less is always more. 

Buyers need to envision their own lives in your space, and that's harder when your personality fills every corner. Professional photography isn't optional anymore—it's the difference between 50 online views and 500.

The staging conversation always surprises people. You don't need to hire a professional for every room, but you do need to be strategic. Clear kitchen counters, remove half your furniture, and make sure every room has an obvious purpose. Our home selling checklist walks through the details, and our budget-friendly updates guide shows which improvements actually move the needle.

Pricing Your Home Right

Price it wrong, and everything else becomes harder. 

We've seen sellers chase the market down after starting too high, cutting their price every few weeks until they end up below where they should have started.

Our approach combines hard data with local insight. We analyze recent sales, current inventory, and pending contracts, but we also factor in things like school districts, traffic patterns, and neighborhood trends that don't show up in automated valuations.

The sweet spot?

Pricing at or slightly below market value to generate immediate interest and potential multiple offers. In competitive situations, buyers often bid above asking price, which can net you more than if you'd started higher and waited.

Every home is different, which is why we provide personalized home value evaluations rather than relying on generic online estimates.

Marketing Your Home Effectively

Today's buyers start their search online, often before they even call an agent. Your home needs to look compelling on a phone screen at 11 PM when someone is scrolling through listings.

We list on the MLS within 24 hours, which automatically feeds to Zillow, Realtor.com, and dozens of other sites. But we don't stop there. Social media marketing, targeted online ads, and email campaigns to our network ensure maximum exposure.

Open houses still work, especially for certain properties. First-time buyers love them, and neighbors often attend out of curiosity—sometimes bringing friends who end up being serious buyers.

The yard sign matters more than people think. It's often the first thing neighbors see, and neighbor referrals account for a surprising number of sales. Our current listings showcase the marketing approach that's working right now.

Navigating Offers and Negotiations

The first offer isn't always the best offer, but it's always worth considering. We've seen sellers reject reasonable offers early on, only to accept less money months later.

Cash offers move faster and have fewer contingencies, but they're not automatically better than financed offers. A buyer with solid pre-approval might offer more money and be just as reliable. We evaluate each offer based on price, terms, timeline, and the buyer's ability to actually close.

Multiple offers create opportunities but also stress. When three buyers want your home, we help you evaluate more than just dollar amounts. Inspection contingencies, appraisal gaps, closing dates, and buyer financing all factor into which offer gives you the best chance of a smooth closing.

According to Houzeo's research, Kentucky sellers typically pay 6.25% to 9% in closing costs, but these numbers vary based on your specific situation.

Closing the Sale

Once you accept an offer, the real work begins. The buyer will schedule a home inspection, usually within 7-10 days. Most inspections turn up something—the key is perspective. Major structural problems are one thing; a leaky faucet is another.

The appraisal comes next, assuming the buyer is financing. If your home appraises at or above the contract price, you're clear. If it comes in low, you'll need to negotiate.

Final walk-through happens 24-48 hours before closing. This isn't another inspection; it's confirmation that agreed-upon repairs were completed and the home is in the same condition as when they made their offer.

Closing day itself is mostly paperwork. We coordinate with the title company to ensure everything goes smoothly.

Special Situations and Our Expertise

Every selling situation has unique challenges. Families upsizing often need to coordinate buying and selling simultaneously. Empty nesters downsizing have decades of belongings to sort through. Relocation sales move on corporate timelines that don't always align with market conditions.

Estate sales require sensitivity and often involve multiple family members with different opinions. We navigate these dynamics carefully, providing clear communication throughout the process.

Historic and luxury homes—two of our specialties—need agents who understand their unique appeal and challenges. These properties attract specific buyer types and require marketing approaches that highlight their distinctive features.

Why Work with Live In Kentucky Homes?

Real estate is still a relationship business. Our 60+ five-star reviews reflect families who felt supported through major life transitions and got the results they needed.

We maintain relationships with a wide network of other agents, which means we often know about buyers before their homes hit the market. Most importantly, we understand that selling your home is rarely just about the house—it's about what comes next.

Our testimonials tell the real story of families who found the process less stressful and more successful than they expected.

Ready to Get Started?

Our home selling checklist covers the details we've discussed, and our home value evaluation provides a personalized assessment of your property's market position.

Contact us to schedule a consultation focused on your specific needs and timeline. 

The right strategy, executed well, makes all the difference. Let's talk about yours.

Maggie Wells

Maggie Wells

Agent | License ID: 221726

+1(859) 402-4766

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