Should You Remodel Your Home to Sell?
In most cases, the answer is no! Remodeling cost versus its value for most projects only recoup about 60% of the money you invest in it.
#RationalTipsforSellers ---> When selling, focus your efforts on:
- Thorough spring cleaning inside and out,
- Fix broken items,
- Paint as needed to neutralize wild color schemes or to clean and freshen the space
- Wash windows to highlight the view
The cost is low and the ROI will be well worth your effort. Don't waste money on any wish list projects that don't recoup their cost! We like to think of it as removing items or conditions that could devalue your home.
Here's the most recent annual report from Remodeling Magazine:
http://www.remodeling.hw.net/cost-vs-value/2017/ where you'll see that virtually all projects cost much more than their anticipated value boost will earn at time of sale.