You may not recoup the money you spend BUT it may be the difference between your home selling and not. In a better market, buyers would overlook many things - today not so much, they are picky, because they can be.
Good luck to you,
Unwavering Commitment to Service, Unsurpassed Results
Steve, Update the vanities. Yes it WILL make a difference to people looking at your home..
The difference is the big "sigh" when the walk into the bath versus the .. â€œWOW.. itâ€™s done. I do not have to do too muchâ€ when the buyer reviews the house. Is it going to be paid for.. Maybe, maybe not.. But replacing the vanities will help the sale of your house in this market..
The negotiation would probably cost more than the install... Think about it.
Broker / Manager
Orange Key Realty
JSacktig@orange key realty.com
Just a stones throw from Marlboro.. :)
Will potential buyers pass on my house in favor of houses with granite bathroom vanities? Would I be advised to match the competition, so to speak? Or, would it make more sense to simply negotiate on price?
Francesca Patrizio, ePro, SRES
Price is what will sell your home in this market. It won't hurt to have the features and upgrades that many buyers are asking for these days. Rather then speak to the contractor about what will sell your home, please do speak to a few really good agents in your neighborhood. We work in home sales 24/7 and we know what you should do and not do in order to sell.
Only being on the market with a realtor who truly obtains feedback from both the agent's perspecive and his/her clinet will answer that question (and haering the same ting over and over again will reveal the truth) OR in the alternative if the realtor who compares your home to others determines that is essential, then u must oblige despite my notion of minimizing your costs as what u may see as great a buyer may see as mediocre . . . we all have different perceptions of life. It's just a realtor's call based on knowledge and expereince.
Please pardon any typos, my eys aren'ts that great!
Most additions/rennovations to a home nets aproximtaely 60% return as per the National Homebulders Association. I always advise my clients NOT to make beau coup rennovations to their home since (1) the return is not 100% and (2) what you may feel is a great rennovation, the new buyer may not like, therefore, they will tear up the rennovation or see it as negative in negotiations, hence throwing good money after bad.
Having said that, as an agent, I always solicit feedback from all showings from both the agent and the buyer to determine if any changes need to be made. If the feedback is negative re the baths, THEN and only then I will recommend that changes be made.
As for the salesman advising you that it would be best, well in my view, he's just looking for another sale. An agent is better able to advise you as to what to do.
Hope this helps.
Francxesca Patrizio, Broker Sales Associate, ePro, SRES
If you are selling, then most everyone today expects stone in the bathroom and kitchens If will definitely make you stand out in the market with the upgrade..
If you think it is time for an upgrade and it will be something you personally enjoy regardless of resale then I say go for it.