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Return on Investment When Selling Your Home

home-updatesWhen I work with potential sellers, one of the first questions they ask is "How much work should I do to prepare my house for sale?," followed closely by "Is it worth it?" The answer to the second question is a resounding "yes!" Buyers are very savvy and even with the limited number of homes on the market, showing your home as uncluttered and fresh as possible can make the difference between an eventual sale and receiving multiple offers above asking price at your first open house. And there's a real danger in over-pricing or not showing well.

In a home we recently sold, we worked closely with the sellers to identify high-impact items with an eye towards addressing anything that could show up in a buyer's inspection and made them a non-issue by either offering a credit or making the updates in advance. We worked within the seller's budget of $5-6K and focused on removing wall paper, painting, and re-finishing the hardwood floors. By the time of the open house, it was fresh and attractive -- and even though it still needs kitchen and bath updates, the sellers received multiple offers and saw a return on their investment of three to four times more than they spent!

Curious what it would take to get your house ready for its close up? Give us a call to schedule a complimentary, no-obligation consultation. I promise it will be an excellent investment!

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