Will Jenkins | http://www.mobilecarpetone.com/
It could be, however, it would depend on how your home fits into the marketplace and other variables. I see that you might need some guidance. Number one recommendation - get the advice of a Real Estate professional who will guide you throughout the process. This Realtor would be delighted to advise you beginning to a successful conclusion.
Lucy Kessler, Associate Broker RE/MAX Realty Group
If the existing floor covering distracts from the home in any way..."it's got to go."
Ironicly, even brand new carpets are often ripped up by the new owner. These new owners simply don't want to live with another persons dust and dirt. This means you should avoid expensive carpet and select the best padding.
As others have noted, it is not a ROI situation, but is a presentation necessity.
Failure to do what is obvious will ultimately cost you DOUBLE in the negotiation process.
Best of success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
Cleaning, replacing, or maintaining flooring is one of the major considerations for home sellers. A bad floor whether it's carpet, tile, hardwood, etc. is one of the first things noticed by potential buyers and can be a deal killer.
Some sellers address this and other similar issues by offering an "allowance" for the buyer to have this work done. This approach does give the buyer the option to make the upgrades to their taste but it still doesn't negate the impact of the buyer being greeted by a shabby floor when they first enter the home.
Think also, what is popular in your area for homes of your size and quality? If carpets are the norm (they are not everywhere), that's one thing; if wood floors or laminate are more popular, then you may want to focus your thinking in that direction. Also are the buyers for your home going to be fussy Generally high end buyers are significantly more fussy than others. Low-end buyers are the least fussy.
We don't want to see you spend money needlessly, nor do we want to see you have to take a discount when by spending some, you might have received more.
Just by the nature of you asking your carpet replacement question your carpets should be replaced. Having new carpets in your home will make your home more desirable to potential buyers and hopefully the buyers will "Compete" against each other offering more money for your home and possibly re-cupping your investment in re-carpeting your home.
My other concern for you is if you feel your carpets need replacing how is your wall paint, doing both is highly recommended. You do not want to show potential buyers your home has been lived "on the rough".
I DO NOT believe in "Carpet Allowance". Lenders do not want to see carpet allowances on home sale contracts. The preferred method is offering a carpet allowance as a closing cost credit, especially on FHA, VA loans.
RE/MAX Realty Group
A well presented house will always tell the buyer that this home was loved and maintained!
This really is a great question! My advice: when in doubt, always put yourself in the buyer's shoes! What would your impression be?