The Mom of two friends has died. That evening after a long day of caring for their Mom, they asked each other if they should fix up the house or sell it as-is. Renovation is something to consider before selling if the house is older and hasn’t been updated in a while. But, the short answer to their dilemma: “It depends.” In my experience, many sellers put way too much money into fixing up their homes for sale. They make repairs a buyer may never notice or will not pay extra for. Talk to your agent before making any repairs.
If you’re thinking of putting your Tri-Cities house on the market — and the numbers point to a strong spring market — kitchen and bathroom renovations remain the best projects for upping the value of your home.
Marine Cole, at The Fiscal Times, suggests several things homeowners can do to upgrade their house and increase the value of their house in case they do decide to sell.
If your real estate market is extremely hot — a seller’s market — you can get away with fewer fix-ups before selling; however, a home that needs repairs will still deliver a lower price.
First impressions matter. A buyer who walks into an outdated kitchen or a dirty bathroom might not even want to see the rest of the house.
Bottom line, fix up the house or sell it as-is? It’s important that you spend some time going to open houses in your neighborhood to see what type of updates buyers expect in your neighborhood. They don’t need expensive new flooring or granite countertops if simply upgrading the appliances or installing new windows will be enough to impress buyers.
Ask for your FREE report on How to Sell Your Home Fast
Path Forward Homes, LLC is the areas’ premier real estate solutions company.
Since our inception, we have been helping homeowners along with improving communities in every city in which we work.
We have extensive knowledge of the business, a network of resources, and years of expertise. Path Forward Homes can assist homeowners with a wide variety of real estate problems. We pride ourselves on our reputation for working one-on-one with each customer to handle their situations.
With the ability to directly purchase homes and make cash offers, we can create an extremely fast, and hassle-free transaction.