When preparing your property for sale, you want to make it as attractive as possible to buyers. After all, the more buyers like what they see, the higher the probability you’ll get good offers.
That’s why it’s advisable to clean, declutter, decorate, fix, and improve as much as possible. Of course, when we're talking about a remote or recreational property, this can be difficult.
The question then becomes how far should you go with fixing and improving? For example, should you tear down the old deck and build a new one? Or, should you leave it as is? Should you paint the main floor? Or is it okay to leave the faded finish and few wall dents just as they are?
Those can be difficult questions to answer because many factors come into play.
• What is the traditional return on investment for that home improvement? (In other words, how much will you get back when you sell?)
• To what degree will the fix or improvement help sell your home faster and/or for a higher price?
• If you don’t make the fix or improvement, will those deficiencies be likely to dissuade buyers who would otherwise be interested in buying your property?
• What are the current market conditions? Are there other listings in the area competing with yours?
• How much will the fix or improvement cost? Is it affordable, given the benefits of having a listing that’s more attractive and move-in ready?
The answers differ depending on where you property is, what else is for sale around it, and what buyers for those types of properties expect. We can help you find answers by looking at the market and the comparable properties.
Once you have answers to those questions, you’ll have a clearer idea of whether to fix it or leave it as is.
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