Comps-Schmomps! The house will sell when looking better than your competition! Buyers in todays market want to buy a move in ready home.
You do not need 19 realtors offering a CMA for your property.. even if you did a CMA and found out that no one in your area has granite counter tops.. does that mean you are living in a community that does not like granite? What is that?
As Michelle perfectly noted below:
"You may not get 100% the cost of your upgrades in your final sale price, but your home will probably sell faster thereby saving you money in holding and carrying costs. Buyers don't want an allowance for upgrades and repairs. They are probably spending every penny they can muster to buy a home, especially with the new higher down-payment requirements. Buyers today want a house that is move in ready."
Buyers don't want an allowance for upgrades and repairs. They are probably spending every penny they can muster to buy a home, especially with the new higher down-payment requirements. Buyers today want a house that is move in ready.
But for me.. I would like to see it done in advance, the property will shoe better and the new owner will not have to worry about getting it done when they move in.
So, Get it done!
Broker / Manager
Orange Key Realty
I agree with John, I would also like to see these things done if I were a buyer coming through your home. There's nothing like looking at brand new counter tops and walking on new hardwood flooring, it will definitely separate your home from all the others on the market or at least give you a leg up on the market.
The downside to that is, naturally people like what they like, if it's all brand new, but they don't like the color of the countertops or the stain of the wood it may be a deal killer. Which is something you can not change at that point.
I guess Snow, what I'm trying to say is, no matter what any one gives as advice, it's still your decision in the long run. Both have it's advantages, just make sure if you do the upgrades it all fits with decor of the rest of the house.
If you need help on listing your home don't hesitate in giving me a call at Robert Gaffney (cell) 570-228-9126 or e-mail me at email@example.com
Mountain Resort Properties, Inc
48 Sugar Maple Lane
Hardyston, NJ 07419
Robert Gaffney - Sales Associate
even if they did, the first impression and appeal of your home compared to others on the market in your price range will make it show better and sell faster if it shows nicer than your competition.
So have your Realtor show you some of the competition in your price range to determine how your home will show compared to others out there. That will help you determine what you should do.
It is all depends on your community comps.
To get Comparable Market Analysis from 2-3 Realtor to find out what price range selling price are, what features have on those sold homes.
Wish you all the best,
If you are in a neighborhood with mostly laminate countertops and linoleum floors you most likely wonâ€™t recoup the costs associated, but if you are in a neighborhood where those types of upgrades are standard then it will be well worth the time and money to upgrade.
In the future, if it is your primary residence, make the improvements earlier so you can enjoy them too.
Find a listing realtor who will show you a few comps in the area before spending the money.
If you need help finding one contact me through my website http://www.chooseahomenow.com.
I would defer to your listing agent for the answer on this. All Real Estate markets are different,a good listing agent will know what the buyers have been looking for.
In California, all of my buyers like hardwood and updated kitchens.
As far as hard wood floors go, that is going to be a huge expense. I would much rather a price reduction and a comment in the agent notes that the price has been reduced to allow the purchasers a credit of X number of dollars to put in h/w floors. Get an estimate for the work that is available so you know what the cost will be.
Make sure all of the home's systems are up to code (septic, heating, electrical). If your home needs any repairs (roof, windows, driveway) now may be good time to fix them. Spring is right around the corner and you might want to spruce up the curb appeal of your home (you do not want to become a "drive by"). Most of the buyers I have dealt with would rather do cosmetic work than repair something that is broken.
Remember harwood floors and granite countertops are expensive items that you are leaving "behind" and there is no guarantee in real estate. Good luck!
Realtor, GRI, CSSN
John Hall & Associates
Many buyers would love to see hardwood floors and granite, but keep in mind that some may not. It really does come down to the total amount spent to do the upgrades versus the amount that you will get back when selling your home.
I would suggest having a real estate professional provide a market analysis on your home as it is. When they are at your house they should be able to give you other suggestions that will help to have your home show better and sell for the most possible.
Many times it happens that the simple, lower cost changes really provide a better return on investment.
Please feel free to contact me if you have any questions.
Century 21 Joe Tekula Realtors
Many of today's buyers are looking for one of two things: Martha Stewart's house or what they perceive to be a "bargain." Whether or not to make improvements depends upon the return on your investment. One question to ask is "will the upgrades bring me more than the cost of the upgrades?" Another concern is how long it will take to sell in the current condition compared to other similar properties. An experienced real estate agent can help you determine these answers by provideing a thorough analysis of the market with you.
Please feel free to contact me for any help or to answer any questions for you. I am centrally located in Sussex County in Augusta.
Judy Golland, Broker of Record
EXIT Town and Country Realty
I wish you luck in the sale of your home.
While it is true that most often Hardwood and Granite are preferred by most, I would recommend having a local REALTORÂ® preview the home. There are a couple of variables that would determine whether these upgrades would enhance your sales price enough to make it worth it.
My advice is to get a "Competitive Market Anylsis" (CMA) with and with out the upgrades
before you spend any money .
Call me anytime to set up an appointment . Raymond @Sussex County Real Estate .
Cell Phone 973-886-3654 or Office 973-827-8885 (Ext 316).
The CMA is complimentary!
Hope to hear from you soon.......
You should talk to a local realtor & find out what features competing homes in your neighborhood have in them before spending the money. If there are several homes on the market close by that are very upgraded with hardwood floors & upgraded kitchens & you feel your home would not show as well in the same price category then consider it. If you discover that most of the active , pending & sold homes did not have the upgrades but sold at a slightly lessor price then that is the way to go.You may be able to get by with some fresh paint, Spring cleaning, & staging & save yourself & the buyer money. The better the price the quicker it will sell.