ie: Noe Valley and other hot areas will always recieve multiple offers on fixer uppers....especially if it is a large square footage house...similiar homes in inner richmond received multiple offers on fixer uppers before it even hit the market on mls.
I would look at your neighborhood block and see similiar houses; are they all fixed up and remodeled?
Then maybe you should do a little remodel yourself so that you don't look like the exception and look more standard.
Also, focus on the kitchen and bathrooms; the other rooms could be done inexpensively with a licensed handyman painter.
Generally speaking kitchens and baths are at the forefront of most remodels and provide the highest ROI. Flooring is also something to focus on if you can allocate it in your budget.
Each individual persons financial means will dictate the product choices they will be able to afford. Often higher end products are sought after by prospective buyers and will aid in selling your home faster and for the most amount of money.
I recommend you consult with 2-3 contractors and obtain bids on the cost of remodeling. Then you'll have a better idea of what you'll have to budget to meet these goals.
Feel free to call me at 415-200-7202.
Another consideration is that your personal taste is just that, personal. Not all potential buyers may like your new choice of tile or dishwasher or paint color, so it helps to remember to keep your changes fairly neutral to appeal to as many potential buyers as possible.
And don't underestimate the little changes like fixing chipped paint on window trims or regrouting old tile, as per this recent blog post from Tara: http://www.trulia.com/blog/taranelson/2012/04/7_springtime_h
Kitchens and bathrooms sell homes!
That said, those are the most expensive remodels as well. There are obviously many variables to consider when deciding to remodel or not, so as Axay has mentioned, it is best to contact a Realtor for a consultation. They should be able to tell you the benefits and costs of remodeling your home in your particular area, situation, etc...
Also, something to consider when deciding on remodeling/renovation are the city or county point of sale ordinances- as at times it may be smarter to bring the property up to current code in lieu of undergoing cosmetic renovations.
If you have any other questions, please feel free to ask!
Buyerâ€™s Specialist | DRE# 01887446
Better Homes and Gardens Real Estate
2095 Rose St, Ste 100 | Berkeley, CA 94709
[t] 510.517.7238 | [f] 510.780.2110
You need to speak with a professional who has a lot of experience in these matters as recommendations will vary depending on your circumstances, location, and budget. Not only do I own the company but have completely rehabbed a number of buildings and resold so I know what works, plus I have a lot of resources for materials and contractors. Contact info below:
Lance King/Owner-Managing Broker
But apart from general contractors another avenue you may want to consider is a home stager that does light remodeling too. They will be able to offer you a range of choices with different price points. There's calcutta marble and carrera marble vs. corian vs. cesar stone each with different impacts. But in the end, remember the first thing people will see is the outside and entrance, so focus on those areas too.
However, if you want a specific recommendation for your own place, then I would definitely need to actually be able to visit your property to give you my opinion.
Let me know when you're ready to get it sold and I'll be more than happy to help.
Zephyr Real Estate
2523 California Street
San Francisco, CA 94115
DRE License # 01888097
Broker Associate, Paragon Real Estate Group CA DRE 01844627
All data from sources deemed reliable but subject to errors and omissions, and not warranted. truonly