Can’t decide on fixing up your home or selling it as is? Does your realtor want you to fix up your house? Can’t decide on how much money you want to put into your home? Then you have come to the right place. Because today we will be talking about just that.
Fixing Up Your Home Or Selling It As Is?
Realtors are a significant component behind getting customers to remodel their homes before selling. A part of why realtors want you to fix up your home is because the house will sell faster if it remodeled and put together nicely. And realtors make more money on houses that sell faster compared to houses that take longer to sell and make less money.
When you start remodeling your home, it is important to remember that you don’t need to spend a lot of money on it. By making smart decisions, you can increase the value of your home for the best return without breaking the bank. It also depends on when you are planning on selling your home. Because a remodel that you do will look different in one year vs. in ten years.
Remodeling To Sell in Three Years Or Fewer
It is always exciting when you are planning on moving. Because it is exciting to find a new home in a fresh, new location. Before moving to a new home, it is essential to focus on cleaning the house that you will be leaving. By doing refreshing your home, you will be able to sell it for the highest profit possible.
The first step is that if you are selling in three years or less, it is better to freshen up the high traffic areas in your home. Instead of doing a complete remodel. Just by touching up the kitchen, hallways, living areas and doors you can get a better return on investment than if you had done a full remodel. Affordable touch-ups include changing out hardware on doors and cabinets as well as replacing faucets and toilets. Countertops and light fixtures in the bathroom and kitchen are also easily replaceable and will add a fresh new look to your home. Removing any old wallpaper and replacing it with a fresh coat of paint is another good option when touching up a room.
Remodeling To Sell In Five To Ten Years
Want to give your home a new life but haven’t decided on if you’re going to leave or not? Are you planning on enjoying your home for a while but thinking of selling it down the road? If you answered yes, then this you have more freedom with your budget for remodeling your home instead of touching up each room.
When you begin the remodeling process think about where you want to enjoy first and start there. As you start the remodeling process, there is always the chance of your home being undervalued before. If that is the case, then you won’t make up 100% of the costs. If you know how to flip houses, then you will be skilled in identifying where to find hidden opportunities. Always make changes that you can take pleasure in.
You will get the best return on investment by remodeling the kitchen and bathrooms. Find other areas in your home that need more improvements but require a larger budget. Always remember to pick classic styles that won’t go out of date and won’t stick out too much. You will still have the time to appreciate these changes. And when you are ready, selling will be a lot easier. When priced correctly, remodeled and updated homes sell faster and will sell for a reasonable price.
Lotz of Logic
In the end, remodeling should be something that you and your family can enjoy. It will help to sell your home faster and can make extra money for you if it is done right. Don’t be hasty in making decisions and always ask questions. By being diligent and intentional in your remodeling decisions then you will do well. Including a fenced-in garden or dog run adds value to your yard and home. Painting the gutters and downspouts is a good idea as well. Because it helps with the curb appeal and helps give the exterior a fresh look.
Don’t forget, if you need an estimate on remodeling before selling, give me a call. My team and I have been serving Evanston, Wilmette, Kenilworth, Winnetka, Glencoe, Highland Park, Lake Forest, Lake Bluff, Glenview, Northbrook, and all of the Chicago area for 30+ years.