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Preparing Your Home for Sale: Repair or Renovate?

 

It is no brainer. Whether to renovate or repair your home depends on its condition, the return of investment, and your goals.

A renovation involves replacing an existing feature with a new one, like replacing a new heater for an old heater. Repairing is a modification of an existing feature to bring it back to its original working condition. While renovations help to increase the value of your home, the money you put in renovations are not always recouped.

Updated Kitchen

Updated Kitchen

Of course buyers love upgraded kitchens and bathrooms, but you should also be realistic. You don’t know how much money you will need to renovate your home, if you spend too little, the result may not be good, if you spend too much, there’s risk of not getting a high return on investment or  not getting your money back at all. So you have to decide wisely.

If you’ve chosen to do some renovation to help sell your home, remember these tips:

  1. If it isn’t broken, don’t fix it.
  2. When removing fixtures, replace them with a similar or better item.
  3. Do not over spend.
  4. Renovations do not have to be your preferred things, consider what the majority of home buyers like.
  5. Visit open houses or check out comparables in your neighborhood and see how you can do better.

Remember, your return of investment depends on the value of your house, the value of houses in your neighborhood, your local housing market, the quality of your project, and how soon you sell after making improvements.

 

Read more: How to Declutter Your Home for Sale

 

Are you selling your home? We can help! The J Michael Manley Team go above and beyond to get your home sold in the market. Our marketing efforts are geared toward getting your home sold as quickly as possible for top dollar.

Contact us or Call us at 864-881-1352

 

 

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Filed Under: Home Selling Tips, Preparing the Home for Sale Tagged With: Home Selling, Preparing your home for sale, Repair or Renovate, tips in home improvement, tips in home selling, tips in renovating home for sale

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What Our Clients Are Saying…

"My husband and I met with Michael in mid-December, our house went on the market January 16th and was under contract January 19th. Michael and his team are amazing at what they do and did everything could to help us. We were out of our old house and in to the new one within a month of our house going under contract. I would highly recommend using the J. Michael Manley team for buying and/or selling. They made the hassle or buying and selling so easy and everything was very smooth."


Brittany and Brandon Kessler
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Meet The Team

Livian Estates TeamLivian Estates Team

Keller Williams Realty

403 Wood Lake Dr Suite 100

Greenville, SC 29607  

 

Whether it is buying or selling a home, there is no bigger decision than choosing the sales associate who will represent you during the transaction. Beyond being trustworthy and honest, you need someone who has the experience and drive to help you in the real estate selling or buying process. Livian Estates have represented countless clients to satisfactory resolutions, either in finding the perfect homestead or selling their home to a new family.


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