It’s official. You’re tired of hearing all the buzz, and you’ve decided you want to take advantage of the hot real estate market right now. You’re ready to sell your home. But you’re smart, too. You know the best way to ensure a quick sale with a great price tag is to take care of any looming maintenance and repairs before you list. But should you consider remodels or stick with the basics?
Today, we’ll help you decide by providing four reasons to consider remodeling before you sell. There are benefits of taking the time now to make improvements. And those efforts can result in significant dollar amounts added to your sale price.
Your house might be in a great neighborhood, with great amenities and plenty of charm. But to really stand out from all the other homes for sale on your street, marketing language like “New Kitchen” or “Completely Remodeled Bathrooms Throughout” can put your house at the top of buyers’ must-see lists. People love that someone else did the work for them. And any remodel or renovation projects you decide to do should be bolded in every online listing.
Your listing agent will have a much easier time marketing a freshly upgraded house for sale, making it easier to sell. The housing market is intense right now, with millions of Americans upgrading and relocating. In some markets, it’s the remodels and renovations that will appeal the most to homebuyers, potentially shaving weeks off of how long your house stays on the market.
Remodel projects and repairs might include a new roof, new kitchen appliances, or fresh carpeting throughout. Or your projects might be entirely DIY and include fresh stain on a deck or new gutters. The benefits of any upgrade, large or small, include increasing your home’s overall value. And the more your house is worth, the more you can ask for it on the real estate market.
Here are some of the home renovation projects that average the most in return on investment:
- Finish the Basement: Finishing a basement costs between $18,400 and $34,000 on average.
- Garage Door Upgrades: You can get your garage door replaced for between $600 and $1,500 installed, and you can recoup more than 100% of the money.
- Kitchen Remodels: Kitchen renovation costs average around $23,452.
- Bathroom Remodels: Bathroom renovation costs an average of $21,377.
- New Flooring: New hardwood flooring costs range from $6-$10 per square foot.
- Interior & Exterior Painting: If you paint the inside of your home, you can expect to spend around $968. If you paint the outside of your home, you can expect to spend around $2,578, depending on the size.
Now you’re thinking, how am I supposed to afford any of these remodel projects? And you’re in luck there too. Use the equity you already have built up to fund your remodel projects now. With our Equity Rescue Program, you don’t pay a dime until closing. And our team will help you from the initial pre-listing inspection through to closing day with every step. We’ll help you decide which projects are worth doing, based on your timeline to move. And if your house is like the thousands of other homes we’ve helped remodel before selling, yours will sell quickly and for far more than it would otherwise.
If you’re ready to put your house on the market, connect with the pros at Listing Profit Remodeling first! We can help you determine your options to remodel before selling, ultimately helping you sell faster and for top dollar.