Should I Renovate Before Selling?

Should I Renovate Before Selling My House

We get the question all the time. Not everyone needs to renovate before selling their home. Sometimes the costs don’t make sense unless you live in the home to enjoy the updates..

So if you’re planning to sell your house, you should know that the market has shifted from the buyer frenzy we saw a couple of years ago.

As a result, it’s important to take the right steps to make the home as appealing as possible to potential buyers.

One of the most important things to make sure is your house shows its best. Several small projects can quickly boost your home’s curb appeal in addition to some bigger renovations.

Just keep in mind, not all renovations have the same Return On Investment (ROI).

This graph (in the video) shows the typical cost recovery for some common remodeling projects. Things like fixing or replacing a roof, a garage door, or hardwood floors are generally the best ROI.

But keep in mind, what you should renovate before selling all depends on local market trends.

That’s why it’s important for us to work together before you start on anything, so you know which updates have the best impact in our market. So if you wanna make sure your house sells as quickly as possible and for the best price, let’s chat. I’ll help you figure out the renovations to make, that make the most sense to you and your home.

Ways Renovate Before Selling

Consider to renovate before selling:

1. Curb appeal improvements – such as landscaping, fresh paint, and pressure washing.
2. Minor kitchen remodels – replacing cabinet doors and hardware, updating appliances, and adding new countertops and flooring.
3. Minor bathroom upgrades – such as new fixtures, flooring, and lighting.
4. Adding attic insulation – improving your home’s insulation.
5. Garage door replacement – replacing your garage door.

Don’t Renovate before selling:

1. Over-customizing your home – such as creating themed rooms or overly specific decor.
2. Luxury renovations – such as installing an indoor pool or sauna that may not be practical or necessary for most buyers.
3. Expensive structural changes – such as removing walls or adding extra rooms that may not add value or are too costly.
4. DIY renovations – unless you are a professional, a poorly done renovation can actually decrease the value of your home.
5. Too much clutter – spending money on expensive renovations won’t matter if potential buyers can’t see past the mess.
6. High-end kitchen or bathroom remodel.

It’s important to note that these are general guidelines and that the ROI of a renovation will vary depending on the location, market, and specific property. It’s always a good idea to consult with one of our real estate professionals to determine which renovations will provide the best ROI for your specific home and market.

Don’t Renovate Before Selling Unless You Plan To Stay Longer

If you plan to stay in your home for 4 or 5 more years, here are some recommended renovations that can help improve your living experience and add value to your home:

1. New Kitchen – upgrading your kitchen can greatly improve your daily living experience and also add value to your home especially when you have a few years to benefit from it. You likely won’t get your investment back but it’s often worth it for the time you have left in the home. The new buyers will also appreciate the update.
2. New Bathrooms – similar to kitchens, bathroom upgrades can improve daily living and add value. Consider a full remodel and improving lighting and ventilation.
3. Energy-efficient upgrades – investing in energy-efficient upgrades can help lower utility bills and add value to your home. Consider upgrading to high-efficiency appliances, installing a smart thermostat, or upgrading to energy-efficient windows and doors.
4. Adding living space – if you have the space, consider adding additional living space such as finishing a basement, adding a bonus room, or even adding a small addition to the home.
5. Landscaping improvements – improving your home’s curb appeal can add value and make your home more enjoyable to live in. Consider landscaping improvements such as adding a new patio or deck, installing new plants and flowers, or adding outdoor lighting.

Remember that the renovations you choose should be based on your personal preferences, budget, and the needs of your family. Consult with a contractor or professional to determine the best renovations for your home and budget.

Wondering, “should I renovate before selling?” We can guide you by contacting us today at (440) 628-1321.

Here are a few more articles our home sellers found helpful

Brecksville Homeowners Selling Your House in Today’s Market Want to Know

6 Easy Upgrades to Help You Sell Your House for More Money in North Royalton

3 Simple Fixes That Will Have a Big Impact When Selling Your House in Strongsville

5 Tips to Sell a House That Needs Repairs in Westlake

Realty Done By Damien Baden Listings

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