Should I Remodel Areas of My Home Before I Sell?
Recently I had this question from a client who is getting ready to list her home for sale. There are a couple of areas in her house which could use some remodeling. The question is, should she spend $8,000 to $10,000 remodeling before she lists her house.
We all know that buyers love a home with updates and remodels. But, will the seller get her back remodeling expense when she sells her house?
In today's crazy Austin market, homes are selling quickly due to lack of inventory. If the home is priced well and in good shape, it will sell fast.
If someone wants to list their home for more than market value, the days on market will typically drag on and on.
My advice is to price the home accordingly and forgo the pressure of completing a remodel if the home is basically in good shape.
Let the buyer take on any remodeling they deem appropriate once they own the home. Taste are very different and what the seller thinks will look great may actually deter some buyers from making an offer.
If the seller wants to remodel and still price the home at a fair price, then it will probably help the home sell faster. But typically, sellers want to inflate their price to accommodate the remodel expense. This doesn't always work in the world of real estate. What does work, is a clean, easy to show, fair priced house.
Butch Milesbutchmileshomes@outlook.com512-680-7552 mobile