Planning ahead
Dear Phyllis,
Dear Planning Ahead,
The real estate market is cyclical and constantly changing. There are a lot of variables to your question. What is the price range of your home? What’s your competition? What will the market conditions be next year when you list? Ideally, you are planning. Without seeing your home, I can only offer some generic advice:
Simply painting the oak cabinets white and adding new hardware in your powder bath and kitchen will likely give you the highest return on your investment. I have seen many home sellers put too much money into preparing their home for sale. Sometimes improvements are made which a buyer won’t notice or pay extra for. Often minor changes such as paint, re-caulking, new hardware, and light fixtures can make a big impact for a minimal investment.
It’s terrific that you have already addressed curb appeal. Keep in mind that your first showings are online with the professional real estate photos. Before you do anything further, meet with a Realtor to discuss which repairs will provide the highest return on your investment.
Please make sure the real estate agent you hire has enough experience to provide answers on which you can rely. A good rule of thumb is that each dollar spent preparing your home for sale should net you three.
Best of luck on your move!
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