Reselling a steel frame home can present challenges, owing to:
Perception: Some buyers might perceive steel frame homes as non-traditional and be cautious.
Mortgage challenges: As discussed, obtaining a mortgage for steel-framed homes can be complex, limiting the pool of potential buyers.
Insurance hurdles: Potential buyers might face hurdles in securing insurance for steel-framed properties.
Lack of awareness: A general lack of awareness or misconceptions about steel frame constructions can hinder resale.
Aesthetic preferences: Some buyers might prefer the aesthetic of traditional brick and mortar constructions.
However, with strategic marketing that emphasises the advantages of steel-framed properties, such as durability and often modern designs, and potentially targeting niche markets, successful resale is certainly achievable. Ensuring the property is well-maintained and providing detailed documentation regarding its construction and maintenance history will also support resale efforts.