Selling Your Home | Remodeling: Yea or Nay?

Selling Home

Selling Your Home?

Once you have decided to sell your home, the next thing you need to do is to find out whether you should remodel your home or not. But you don’t just take a tour of your home and decide what you should or shouldn’t do. It isn’t quite as simple as that.

 

So how are you supposed to figure out whether remodeling your home is a sound investment?

 

Well, this is exactly what we are going to do in this blog! Keep reading.

Ask a professional’s opinion on the current state of your home…

The very first thing you need to do is ask a professional. Consider talking to a real estate agent in your area and have them take a tour of your home. Ask them if there is anything in your home that needs major remodeling.

 

Now you don’t necessarily have to rely solely on your realtor to make your decision. You know your home best. Think about things that are off-putting for your home and are an eye-sore. Is it the bathroom tiles or the toilet? Or the kitchen counters and flooring?

 

Tread cautiously when you are making the decision for renovating certain parts of your home. Review the Remodeling Magazines yearly report that provides the estimated values for ROI on different remodeling investments.

Selling Your Home?

Don’t go into debt for the sake of remodeling your home…

Once you have decided the areas that need remodeling, get estimates from at least three different renovation experts. If the sum doesn’t blow your budget then go ahead. Get your home tidied up, and all nice and clean for your buyers.

 

But if it seems unaffordable, then you don’t have to go into debt for the sake of remodeling your home. You don’t want a bad credit rating if you are thinking to sell your current home to buy a new one. Try looking for less costly alternatives and DIYs that will save you a large chunk of the remodeling costs.

Remodeling Your Home?

Go easy on the style and hues…

If you are painting your home, or remodeling it to add more value, go for simple and innovative ideas that go a long way. Paint light and pastel colors, particularly the shades of white. And instead of extending your current living space into the yard, consider converting your attic into a bedroom, study or game room. It is less expensive and adds great value to your home.

 

Similarly, don’t choose flashy faucets, tiles or floors. Stick with neutral designs and hues. You don’t know the likes and dislikes of your prospective buyers. The green front door you are planning to install may not appeal to others like it does to you.

Increase the value of your home by painting.
Follow the above tips and you won’t have to spend a lot to increase the value of your home. And if it comes down to the fact that you don’t need major remodeling other than small fixes, then consider yourself lucky!

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