SOURCE: investopedia.com
When preparing your home for sale, there are certain things you should avoid fixing or updating. Check out our latest blog post for a complete guide.
- Don’t Do a Major Renovation – “Most big home upgrades simply don’t recoup their cost. If you are dying to renovate your bathroom, do it early on so you can enjoy your renovation. It won’t be financially worth it to do right before selling.” (From the National Association of Realtors.)
- Don’t Start a Task That You Can’t Finish – Home repairs are frequently more expensive, take longer, and need more skill than most people expect. With supply chain issues and a tight labor market as a result of the coronavirus pandemic, it is harder than ever to finish a home improvement project on time and under budget.
- Don’t Fix and Replace with Trends – What is currently trendy for a specific slice of the population may be extremely off-putting for others. Keep your population of potential buyers as broad as possible by picking neutral colors and common fixture styles that can appeal to everyone.
You may not actually need to fix anything to put your home on the market. The most important thing is to make sure that you clean, declutter, and increase your home’s curb appeal. Talk to a real estate agent to get an idea of what is needed in your current market.
Planning on selling your house? Let’s chat!