Welcome to the ViewAndSearch.com Blog

2019-09-24 21:16:04
Should You Fix Your House Up or Sell Now

Should You Fix Your House Up or Sell Now? | MyKCM


With the fall season upon us, change is in the air. For many families, children are growing up and moving out of the house, maybe leaving for college or taking a jump into the working world. Parents are finding themselves as empty nesters for the first time. The question inevitably arises: is it finally time to downsize?

If you’re pondering that thought, you may also be wondering if you should fix-up your house before you sell it, or go straight to the market as-is, allowing a potential buyer to do the updates and remodeling. If you’re one of the many homeowners this camp, here are a few tips to help you decide which way to go.

1. Analyze Your Market

A real estate professional can help you to understand your market and the potential level of buyer interest and demand for your home. Are you in a seller’s market or a buyer’s market? This can change based on the price range of your home, too. A professional can also give you some insight on what you can change or remodel, and how to declutter your house to make it attractive to buyers in your area.

2. Get an Inspector

Right now, the average length of time a family stays in a home is between 9-10 years. That’s a little longer than the historical average, so if you’ve been living in your home for a while, it might be time to make some significant improvements. Think: electrical system, HVAC units, roof, siding, etc. An inspector can give you a better idea of the condition of your home, if it is up to current code standards, and recommendations on how to have your house ready before you put it on the market.

3. Decide If You Need to Remodel

You may also be thinking about driving buyer appeal with something like a kitchen or a bathroom remodel. If so, first dig into the market value of your home, and compare it to the actual cost of the remodel. A local real estate professional can help you determine your home’s market value, and you’ll want to get a few quotes from contractors on the potential remodel pricing as well. Once you have those two factors narrowed down, you can to decide if a remodel will give you a return on your investment when you sell. Oftentimes, it is actually more advantageous to price your house to sell, list it competitively, and then let the buyer pick the colors they want for their bathroom tiles and the type of countertop they prefer. The 2019 Cost vs. Value Report in Remodeling Magazine compares the average cost for remodeling projects with the value those projects typically retain at resale.

Bottom Line

Nationwide, inventory is low, meaning there is less than the 6-month housing supply needed for a normal market. This drives buyer demand, creating a perfect time to sell. If you’re considering selling your house, let’s get together to help you confidently determine what will be the best choice for you and your family.

 
Blog Archive
2020-02-18 20:43:49
The #1 Reason to List Your House Right Now!

2020-02-18 20:14:37
How the Housing Market Benefits with Uncertainty in the World

2020-02-18 19:54:37
How Trusted Professionals Make Homebuying Easier to Understand

2020-02-11 13:23:17
Homeownership Rate on the Rise to a 6-Year High

2020-02-11 13:22:02
How Pricing Your Home Right Makes a Big Difference

2020-02-11 13:20:30
Great News for Renters Who Want to Buy a Home

2020-02-04 21:16:57
Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey

2020-01-28 15:15:02
Should I Sell My House This Year?

2020-01-13 07:12:45
The New Spring Real Estate Market is Here. Are You Ready

2020-01-13 07:10:27
Buying a Home Early Can Significantly Increase Future Wealth

2020-01-06 06:52:50
3 Benefits to Buying Your Dream Home This Year

2020-01-03 11:47:47
Top Renovations for Maximum ROI

2020-01-02 11:31:42
The 2020 Real Estate Projections That May Surprise You

2019-12-31 23:16:56
Expert Insights on the 2020 Housing Market

2019-12-23 07:56:49
2020 Forecast Shows Continued Home Price Appreciation

2019-12-19 21:15:48
5,300 Reasons to Be Happy You’re a Homeowner

2019-12-18 13:16:20
The Biggest Issue Facing Housing Next Year

2019-12-13 07:42:47
Get Your House Ready To Sell This Winter

2019-12-12 07:54:39
Holiday Gifts Are Not the Only Hot Things Right Now

2019-12-11 05:40:29
Have You Outgrown Your Home?

2019-12-10 07:40:11
A 365 Day Difference in Homeownership

2019-12-07 10:47:55
Millennials Are on the Move as First-Time Homebuyers

2019-12-02 15:55:14
5 Reasons to Sell This Winter

2019-11-27 06:35:29
Tips to Sell Your Home Faster

2019-11-25 21:03:21
7 Reasons to List Your House This Holiday Season

Click here to see ALL articles.


Comment on this Article

Your Name:
Your Email:
Comments:
Verify:  Please enter the numbers shown to help eliminate spam.