To Renovate or Not To Renovate

One of the most common questions our sellers have at listing appointments is whether to invest in renovations before putting their home on the market. It’s a decision that will significantly impact their timeline, budget, and ultimately the selling price.

The answer? It depends on the condition of the home and your goals as a seller.

Overview

PROS: First Impressions Matter, Higher Selling Price, Fewer Buyer Objections

CONS: Higher Upfront Costs, Time Delays, Buyers Might Want To Customize

Must Do’s

In most cases, there are a few things that all sellers should do before showing their home to prospective buyers which are a worthwhile return on investment.

• Repair – anything that is obviously broken to not draw a buyer’s attention away from all the positive features in a home
• Fresh paint – relatively inexpensive and works wonders for updating a home’s appearance both in person and in photographs
• Curb Appeal – landscaping refresh, front door paint or hardware, power washing the walkway, anything to improve a buyer’s first impressions
• Deep Cleaning – this could include carpet cleaning, and don’t neglect windows and grout/caulking areas

Get An Expert Opinion

Too many times we have heard a seller say that they needed to do a lot of work before having a realtor look at their home. Unfortunately, sellers often choose the wrong things to focus on – repairs or renovations which ultimately will not improve their sale price!

Sellers often underestimate how much can be achieved with strategic updates, staging and good photography.

Realtors also often have a network of trusted professionals who can do the work, sparing sellers the headache of interviewing, vetting and scheduling.

If you are considering renovations before selling your home, schedule a free no-obligation consultation.