My husband and I are downsizing an older custom home on the Wilamette River near Portland, Oregon. There aren't many comps, but how do we know we have landed on the right price since the people in the market we are selling are much fewer? We met with several realtors and their suggestions ranged almost !00,000. We had a pre-appraisal done and are fixing the little things which amount to about $2,000; the deck looks great but should be replaced according to appraiser, so we plan on giving credit since we are not sure they will follow the configuration of present deck. There is one window that should be replaced so we are doing this.
There are bathrooms which are clean and look ok, but need new countertops and sinks and tub hardware and flooring update. Since this job is about $7-8,000, we were advised to hold off. Do you think this is a mistake in the upper price range?... more
I too live in your area and I just noticed your question. You may have already found your solution but I wonder if you have considered having your home professionally staged. Staging is a powerful marketing tool and your home is your most valuable marketing commodity. I noticed the National Association of Realtors has been referenced once already but I would also add that according to the NAR a staging investment of 1-3% of your asking price can generate return of 8-10%. Most prospective buyers (9 out of 10) look at homes on the internet first. It is so important that your photos make an impression. If you can get them to your door then you have a chance. Staging goes beyond decluttering and cleaning. Staging creates a space that buyers will desire. Professional stagers are trained to do this well. Many people are in your position and need to sell their homes, that is why I became a professional stager. I believe it can change things. It cost less than you think, and a good stager will work with you so that it's affordable. I hope this gives you some food for thought.
HSR Certified Professional Home Stager and Redesigner
Realtor commissions are negotiable. You could call a title company & ask for a Sellers Net Settlement Statement, you will need to provide a purchase price for them to use in the calculator. It's going to be an "estimate" , but gives you an idea of what to plan for.... more