I was speaking to an agent in my office about a new listing she is getting ready for market. It is a higher end executive home that has been rented to tenants for several years. Unfortunately, there are plenty of things in and around the home that need to be repaired and/or done to make this home presentable.
The owner is painting in certain areas, not the whole home. They passed on refinishing the floors. The yard has been over-seeded but is still mostly weeds. Some deck work has been done, all to the tune of about $15,000. The rest that needs to be done? The owner said, I have had enough.
The problem? The home is a $500,000 plus home in an area where this home is on the high end of the scale. With poor curb appeal, and other issues with the home, the owner is possibly placing the sale of his home at the price he wants in jeopardy. But, when it comes to repairs to a home going on the market, how much is enough?
The best way to answer this question is to work closely with a professional Real Estate agent and to determine which fixes and updates are most critical in order to receive the best price possible for the home.
If you would like to know more, feel free to contact us at den Boer Homes for a free in home consultation.