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Remodeling to Sell?

By Kathryn Koch

Home Stager with Simply Beautiful Spaces, LLC

November 04, 2007 02:55 AM

I recently watched a segment on the NBC Today Show about remodeling to sell. It made me think about our remodeling experiences. We remodel not to sell, but to improve our home for ourselves. With the real estate market being in a lull, many people are updating kitchens and baths - a great decision to help them sell, but my question is - Why Wait? Many statistics show the return on investment for home improvements are more than 100% for kitchens and baths, but what are these statistics based on? Previous year or current year home sales?

I say to homeowners - if you plan on remodeling in order to sell your home in the future - do it now and enjoy your new living environment! Put in the new floors, update the kitchen and bath with a new look - save "remodeling to sell" for new paint, minor fixes and new carpeting. You'll enjoy it much more - let's face it - selling a home is a huge stressor. Remodeling on top of trying to sell? Can someone pass the Zanax?

What do you think? Share your perspectives for all of us to consider!

Kate

Owner, Simply Beautiful Spaces, LLC

www.simplybeautifulspaces.com

p.s. If you're wanting to update your lhome without remodeling, consider a ReDesign! Contact kate@simplybeautifulspaces.com for more information.

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Abe Do

Olympia, WA

Usually it all depends on cash flow.....if you are in a position to remodel now then great, but if you are stretching yourself because you know a sale is on the horizon and you will recover the money people are more likely to stretch their budget.

But I agree with you....remodeling and enjoying it allows you your cake and ability to eat it too.

Nov 04, 2007 03:17 AM

Andrea S

Fredericksburg, VA

Kate, we are doing exactly that. We plan to sell in 3 to 5 years. We are remodeling now because there is so much to do, but we also want to enjoy it for a few years. However, everything we are updating/remodeling is with an eye towards what will help the house sell in a few years.

Nov 04, 2007 03:29 AM

Fernando Rosado

West Palm Beach, FL

561-906-0050 or 561-840-8950

Kate I agree with you and I actually did this I remodeled kitchen, got new carpets, im working in the upstairs , Im planning to sell in a year or so. good Advise ! Thanks

Nov 04, 2007 10:55 AM

Judy Kincaid

Tampa, FL

Kate -- I am guilty of that myself. I always wait until we sell to update the carpet, light fixtures, etc. I need to do it a year or two earlier so I can enjoy them, too.

Nov 04, 2007 11:10 AM

Kathryn Koch

Simply Beautiful Spaces, LLC - Stafford, VA

Great replies! I do agree with Ryan - if you have the finances to do it, it's great!

Nov 07, 2007 08:18 AM

Remodeling to Sell?

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Kathryn Koch

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