Should I Renovate My Home Before Selling?

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Millions of people list their homes for sale each year. Sometimes, they need to upgrade to a bigger house to accommodate their growing family. Work transfers, downsizing, and financial issues also prompt people to relocate.

Multiple factors determine whether you should list your home in its current condition or make repairs and improvements first. You’ll need funds for upgrades, but if it’s a buyer’s market, you’ll need to ensure your home stands out from other listings. Let’s review some factors to consider and identify renovations that can pay off when you sell.

Buyers focus on kitchens and bathrooms.

Potential buyers pay attention to kitchens and bathrooms, and upgrading these rooms can increase the value of your home. You can transform your kitchen on a modest budget. Replacing the countertops, painting the cabinets, and updating the fixtures can transform the space, highlighting its potential to new homeowners.

Updating your bathroom is a sound investment. Investing in luxury walk in tubs installation can increase your home’s appeal to retirees or people with medical concerns. Walk-in tubs reduce the risks of falling while getting in or out of the tub. Walk-in tubs also come in various sizes, ensuring you can find a suitable tub that fits your available space. These tubs are also grout-free, making them easy to clean. Investing in a tub-to-shower conversion or adding a shower to your bathroom are also great options.

Excellent listings have curb appeal.

Potential buyers form first impressions when they see your home’s exterior, and investing in landscaping and exterior maintenance appeals to buyers. A modest budget goes a long way outdoors. Impress potential buyers by mowing the lawn and trimming trees and hedges. Fill the flowerbeds with bright flowers, wash your home’s exterior, and repaint the front door before you list your property. Wash your home’s driveway and sidewalks to ensure they look their best. Prospective buyers are less likely to tour homes that are in disrepair. Consequently, it doesn’t matter if your home’s interior sparkles if you don’t spend some time improving the exterior.

Home maintenance is a sound investment.

You might think that home maintenance won’t pay off when you list your home, but maintenance can make or break a sale. Expert real estate agents strive to negotiate the best deal for their clients, and if the buyer’s agent notices signs of water damage or damage to the roof, they’ll use those factors to negotiate a lower sale price.

Buyers pay home inspectors to check the property before the sale’s finalized. Suppose you list your property in the spring and prospective buyers don’t notice your air conditioner isn’t working correctly. Home inspectors identify issues with critical systems, which can prompt the buyers to cancel or renegotiate the contract. You may lose thousands if you haven’t taken care of maintenance issues. Alternatively, you may find yourself paying for repairs to secure the sale.

Paying for staging pays off.

Many prospective buyers can’t envision how they’ll use spaces if they tour an empty home. Potential buyers can also be deterred by clutter, which is why decluttering your house and hiring professional home stagers is a great idea. The benefits of staging a home include selling for a higher sales price and selling quickly. Professional stagers use their decor skills to highlight the uses of each space. Your furniture might be outdated or in disrepair, and it can be challenging for potential buyers to see past the furnishings and focus on the house. When you hire a staging company, you don’t have to worry about your furniture hindering sales. Professional stagers can also make your home look great in virtual tours.

Renovating your home first can help it stand out from other listings, ensuring a quick sale. Investing in intelligent upgrades can also increase the value of your home. Consider your budget and the current market when determining whether to renovate before selling your house.

 

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About Kristin

Master reviewer of all types of products. Love XL Fountain Sodas!! Cheer Mom extraordinaire. Socialite to all things small town and founder of ItsFreeAtlast.com. Come socialize and connect with me.

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