Is It Worth Renovating Your Home Before Selling It?

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Is It Worth Renovating Your Home Before Selling It?

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If you’re selling your home in a hurry and circumstances demand that you move quickly, you’re not going to spend valuable time renovating your home to help you sell it, that’s a given. But if you want to sell up and move and don’t have a specific deadline in place, renovating your home could help you make the property more appealing to buyers, and certainly help you sell it for more. – PowerPoint PPT presentation

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Date added: 2 December 2023
Slides: 8
Provided by: rzconstructionusa

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Title: Is It Worth Renovating Your Home Before Selling It?


1
Is It Worth Renovating Your Home Before Selling
It?
2
  • If youre selling your home in a hurry and
    circumstances demand that you move quickly,
    youre not going to spend valuable time
    renovating your home to help you sell it, thats
    a given. But if you want to sell up and move and
    dont have a specific deadline in place,
    renovating your home could help you make the
    property more appealing to buyers, and certainly
    help you sell it for more.
  • Here are a few reasons that make a pre-sell home
    renovation, worth the investment

3
  • It can increase your homes value
  • The average value of a renovated property
    increases by as much as 20 according to the
    National Association of Realtors, little surprise
    when you consider that most buyers want to move
    into a modern home that doesnt require any
    upgrades or costly modifications. But the quality
    of the renovation can make a big difference to
    the final selling price, and in some cases, a low
    quality renovation from an in experienced
    construction company, can even lower the value of
    a home.

4
  • It can attract more potential buyers
  • By making your home look more appealing, both
    inside and out (exterior renovations are
    sometimes just as important in terms of helping
    sell a property), you can attract potential
    buyers who might otherwise not have considered
    your property, and make your home stand out over
    similar homes in your area.
  • A family of five, for example, might have
    overlooked your home because it didnt have an
    all-important fourth bedroom. But, if youve
    renovated your home and turned an attic space
    into a comfortable kids bedroom (which can be
    converted into an office as/if and when needed),
    you can attract bigger families and compete with
    bigger homes in the area.

5
  • It can improve your quality of life
  • Even if you renovate your home with the sole
    purpose of making it more appealing to buyers and
    being able to sell it at a higher price, you can
    still enjoy the benefits of your newly renovated
    home while you wait for a deal to go through.
    Renovating might also help you decide what you
    want from your new home, and after completing a
    successful renovation on your existing home, you
    might feel more confident tackling a similar
    project in another property that you buy. Once
    youre a renovation pro, there might be no
    stopping you!

6
  • Or, who knows, with such a wonderful new home,
    you might just decide to stay in it and enjoy all
    of the new features and additions yourself!
  • While it might seem counterintuitive to renovate
    a property you no longer want to live in, as you
    have read, doing so can provide you with
    significant advantages. From increasing its value
    and enabling you to sell it for more, to
    providing potential buyers with a more functional
    and attractive home than others on the market in
    your area, pre-sale renovations can be lucrative,
    giving you a great return on your investment.
    Just be sure to renovate your home in a way that
    is likely to be appealing to buyers, and if you
    dont plan to live in it yourself, consider their
    potential circumstances instead of your own.

7
  • RZ Construction Group Inc is the best fully
    inclusive general contractor in Queens NY. From
    initial design to final clean up, our results
    speak for themselves. We are fully licensed,
    insured, and bonded to provide both commercial
    and residential construction services and
    apartment renovation in Queens, NY and the
    surrounding area. Proud to serve New York State
    for 25 years. No job is too small nor too big. If
    you are looking for apartment remodeling in NYC
    or want to know more about our wide range of
    professional but affordable construction and
    repair services, reach out to us at (718)
    938-9887.
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