The length of time a home stays on the market depends on many factors. Price, you don't want to be the highest priced home in the area, location also drives how the demand and affects how long a property stays on the market. Your agent has a great affect on the length of time you home will stay on the market. How did he/she market your home, what exposure is your home getting and where. The commission you are offering to the buyers agent/broker, quality of renovations, landscaping

Renovations that represent the most popular choices of today's buyers result in a larger pool of potential buyers. Once you have a great product to sell (your property), it needs to be priced competitively and provided adequate exposure. A wonderfully presented house that is not exposed to the market or is overpriced will not bring in a contract. If you price right and hire a Realtor who is a savvy and aggressive marketer, you will be able to capitalize on your renovated home. It will sell faster and for more money than the competiton. Whatever the average days on market for your area will give you an indicator. If all your ducks are in order, you should be on the short end of the average.

It can vacy depending on location, price and market. Is the property unique or just a tract home that has been redone? If there is a broad market for the property and not just a speciality house and it is priced correctly it can sell within a brief period of time. The key points would me price point and location.

The number one variable is Location...is it a renovated home in a desirable/undesirable neighbourhood?
Secondly, who is it being marketed to?
Thirdly, are those people buying in that area?
Consider these factors before you concern yourself with WHAT you improved...be more concerned with WHO will buy similar homes.

You probably know the answer already... it depends.... Seller's are all competing for the attention of any and all Buyers. How you happen to compete is a choice that is made when you place a price on your Home. If your Home is renovated already one could almost assume it will be the very next home sold, in a given neighborhood, if it is also the lowest list price. If you have owned the home for several years and have enjoyed the renovation while you lived there, your equity position will determine if you can do this. Other wise, if you have made the renovation rather lately and have not owned the home all that long you probably will want to price it higher than the lowest in hope of attracting that singular Buyer who will see the value in what you have done and not be willing to spent the extra thousands to do it themselves. It will take longer to find that Buyer. Selling a home in our marketplace is a dynamic exercise. Market time will lag if the Seller isn't willing to face the music about their pricing at about 30 days on the market and no offers.

Denise,

As the owner of a renovated home, you should make sure you don't harm the perception of your renovations by over-pricing your home. The biggest thing sellers forget is the renovations they made were made in the taste that appeals to them. Renovations are great, but in a lot of cases, someone who has specific tastes would rather do some of the work themselves. Renovations help you sell, but make sure you get a very thorough market analysis from the listing agents you interview. Ask them for specific examples of renovated homes that stayed on the market for a long time, and have them explain to you why those homes didn't sell. It's a perfect example for you to learn about your potential listing agent's market knowledge and it will help you come up with a realistic price. Remember, renovations don't sell a house, the market demand is what brings you a buyer.