Should I sell my condo as is or renovate it?

Asked by Patrice Payne, Fremont, CA Sun Apr 5, 2009

I have 825 sq ft 2/1 and I think it should be updated, but some real estate folks say that I should consider selling as is; why wouldn't I want to update the kitchen bath and get more bang for the buck?

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Jeffrey White, Agent, Beverly HIlls, CA
Mon Apr 6, 2009
Hi there patrice! Thanks for your question. This is a very important decision and has a lot to do with your market competition. Most buyers right now are looking for turn key properties so yes, it would greatly benefit you to update. On the other hand, with the depressed market you will not be able realize as high of a return on your investment in upgrades. Ultimately though, if you do the right style upgrades on a budget you will greatly increase your buyer interest and that's why I belivev it's the better route. Letme know if you would like a more detailed consultation. Good luck!
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