Is your home begging for some attention? Fixing up your home can be expensive. How do you know what renovations to tackle and which ones to leave alone? DaveRamsey.com gives advice on this topic so you don’t invest in the wrong upgrades. Read on…
Whether you plan on spending years in your home or are preparing to sell in the near future, you never know what will happen. You don’t want to make expensive upgrades to your home only to be left in the hole when you do sell. That being said, make sure you don’t do anything too extravagant. It’s always okay to express your style with some decorations, but when it comes to the major upgrades, like replacing the carpet, make sure it would be attractive to all potential buyers. Filling the home with blue carpet may be a good look with your furniture, but when you have to make a quick sale due to a job relocation, you may end up having to change out that brand new carpet with something that will appeal to others.
Unless you plan on retiring in your current home, you will be selling one day. Be sure that you don’t overdo it on the upgrades. Putting too much into a home that will not recoup the expense of the project when selling only wastes your money. A luxury kitchen is great to have, but not in a neighborhood of starter homes that only attracts young buyers with a small budget. Be sure to consider the cost of the renovation and how much return you will get out of it before sinking too much of your money in the upgrade.
When there is a long “to-do” list, it’s sometimes hard to decide which are top priority. An experienced real estate agent is a great resource to help you decide where you will see the most return for your money. Remember, no one knows what will happen in the future, so it’s best to be on the safe side and invest in upgrades that will help your home sell rather than turn buyers away.
Every agent on The Selling Rocky Mountain Homes Team is well educated on the local real estate market. If you need advice on which upgrades are worth it in your area, give us a call @ 720-593-2014! We know what sells and are always happy to help in any way we can.
Source: daveramsey.com
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