Thinking of Renovation Before Selling?

By
Real Estate Broker/Owner with Tina Fountain, REALTORS

During a recent listing appointment for a repeat customer they asked me if would help them to sell their home if they did some extensive renovations. The home that they were selling was orignally built in the 1940's and had been through at lest two full renovations with the last being about 10 years ago.

The sellers had purchased the home thorough our firm 5 years ago and since then they had updated the kitchen, master bath, and converted a guest bedroom to a home office. While the home was in excellent shape, there were still some changes that they were wanting to make.

Of course, it's not an easy yes or no question and it's one that we tend to get quite often. So, it prompted me to write a blog that should cover most situations when a seller is thinking of making extensive renovations prior to selling.

The full response can be found here: Should You Renovate Your Atlanta Home Prior to Selling?

Comments (4)

Sonja Patterson
Keller Williams - BV - College Station, TX
Texas Monthly 5-Star Realtor Recipient for the Hou

Tina,

It is always easier to sell an upgraded home...but I tell my clients not to expect to recoup the full cost of their improvements.  Of course, it is nice if they can do those upgrades a year or two before selling to enjoy them!

Aug 03, 2012 07:24 AM
Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

makes it more marketable, but may not bring in the bucks that took to get it that way

Aug 03, 2012 09:06 AM
Carol Faaland-Kronmaier
Weichert, Realtors; Hillsborough - Hillsborough, NJ
PhD, e-PRO, Manville, Hillsborough, Somerset NJ

Tina, Yes marketaboe is important, but unfortunately all upgrade expenses do not pay off $ for $ right away.

Aug 05, 2012 09:03 AM
Adam Malachi
A 2 Z Realty LLC - Castle Rock, CO
QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR

Great post! I do agree with both Sonja and Mark Comments above!

Thanks for sharing,

Aug 06, 2012 11:40 AM

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