Tip of the Week
SELLERS OFTEN ASK ME WHAT TO DO BEFORE LISTING THEIR HOMES. SUCH AS: SHOULD I RENOVATE THE KITCHEN? SHOULD I PAINT THE BEDROOMS? SHOULD I REPLACE THE FLOORING?
THE BEST APPROACH TO ANSWERING THIS QUESTION IS TO EVALUATE HOW MUCH THE RENOVATIONS WILL IMPACT THE SALE PRICE AND SELLING TIME.
LARGE EXPENDITURES SHOULD ONLY BE TAKEN ON PRIOR TO LISTING IF THEY ARE NECESSARY TO SELL THE HOME. FOR EXAMPLE, IF THE ROOF IS LEAKING, ALL DAMAGE SHOULD BE REPAIRED AND NEW SHINGLES INSTALLED AS THIS WOULD BE A VERY BIG DETERRANT TO ANY BUYER MAKING A PURCHASE.
SMALLER EXPENDITURES, LIKE A COAT OF PAINT, USUALLY ARE WORTH THE RETURN ON YOUR INVESTMENT.
TO HELP EVALUATE YOUR HOME AND ADVISE YOU IN THIS REGARD, GIVE ME A CALL. WE CAN FIGURE OUT THE BEST COURSE OF ACTION FOR YOU TO GET YOUR HOUSE SOLD FOR THE MAXIMUM RETURN AND QUICKLY!