If you decide to tackle projects before you list, consider the following.
WHAT TO FIX
Essential upgrades
Mechanical systems (e.g., HVAC, water heaters) that are outdated or in disrepair should be replaced or repaired. Pertinent structural damage (e.g., roof, foundation) should also be addressed.
Painting
Avoid dark, bold solids that may be off-putting to buyers. Neutral tones will appeal to a wider audience.
Landscaping
Mow your lawn. Pull weeds. Trim overgrown foliage and clear away dead brush. Invest in fresh grass and mulch, as well as new flowers and shrubbery.
WHAT TO SKIP
Significant renovations
Remodeling isn’t as easy as it looks on TV, and it typically doesn’t add to the resale value. Many renovations net 40 – 50% ROI.
New floors
New floors provide ROI, but unless there are structural or staining issues, it’s better to leave this mostly aesthetic decision to the new owner. Have your floors professionally cleaned.
Uncommon upgrades
Keep the property in line with comparable area homes rather than try to differentiate with offbeat additions. There’s no need to install exotic hardwood flooring if other area homes feature laminate.
According to Freddie Mac, nearly two-in-five potential homebuyers would consider purchasing a home requiring renovations.
A Moon Township Real Estate Agent can help you:
Weigh the pros and cons of the cost of waiting as repairs are completed.
Decide what you need to prioritze based on your home’s condition.
Understand what buyers are looking for in your area.
Highlight any upgrades you’ve already made by calling them out in your listing.
In today’s market, some renovations may not be worth the headache or added expense. If you live in the Pittsburgh, Pennsylvania area or surrounding Western Pennsylvania neighborhoods and thinking about selling your house, call your favorite Moon Township Realtor, the Diane McConaghy Team at REMAX Select Realty. We can provide expert advice that’s customized to your specific home and area.