Are you interested in selling, but unsure if you should remodel your home to make it more appealing to buyers?
Here are a few tips if you are interested in selling this season. According to theNational Association of Realtors (NAR),there is only about a 1.9 month’s supply of available listings on the market. Just to put that into perspective, a “normal” housing market typically has a 6-month supply of homes for sale. This market is resulting in high buyer competition and home are only on the market for an average of 21 days, during that time the seller many receive multiple offers from hopeful buyers.
Spending time and money on renovations before you might sell, actually may results in you missing your window of opportunity. Why may you ask? Well, in a competitive market like today where homes are moving so quickly, it would make the most sense to sell your house when buyers are scooping up homes as fast as they are being listed.
Why certain repairs on your home may be important, its best to ask a trusted real estate advisor. We would be able to answer any questions you may have and help you get on the right track to listing your home on the market. We can help you determine which improvements are truly necessary, and which ones are likely not to be deal-breakers for prospective buyers.
In today’s market, many buyers are more willing to take on home improvement projects themselves in order to score the home they’re after, even if this means putting in work.
As a seller, your dollars and time might be better off spent working on small cosmetic updates, such as refreshing paint or power washing the exterior of the home.
Give our office a call today, one of our agent’s would love to serve you. We can work together to determine key projects that will help maximize your listing, without overdoing it.