Q: Should I update my home before I sell it?
A: Ask your Agent.
If you’re trying to decide if you should upgrade or make renovations before you sell your house, your agent is your best guide. They know what’s worth it in your market and how much it could impact your sale price.
Some “Remodeling Payback” current findings (percentage of cost recouped for common projects) are as follows:
Garage Door Replacement – 93.8%
Deck Addition (Wood) – 65.8%
Roofing Replacement (Asphalt Shingles) – 60.7%
Bathroom Remodel (Mid-range) – 60.1%
Major Kitchen Remodel (Mid-range) – 54.7%
If the market is flooded with homes for sale, it may be necessary to make upgrades so that your home stands out. The added expense + the time to do this, however, may not be worth it in today’s market.
According to the latest data from the National Association of Realtors (NAR), homes are receiving an average of 3.7 offers. 86% of homes are on the market for less than a month.
Connect with the Dennis Hartley Team today for expert advice on which updates are important for today’s market. You may be able to skip – and be spared – the renovation hassles altogether.