Money making investments when selling your home
When thinking of selling your home, flooring updates need to be considered, because wear and tear has taken a toll on the property to some degree.
Also, the styles have changed over the years. What was in style 5 years ago, isn’t in style now. Buyers are always looking for the latest thing in design and interior updates.
If your flooring is over 5 -7 years old, has wear and tear or damages it will need to be replaced.
You can consider doing more of the same of what you currently have, but taking in to account the current flooring trends is a better route.
Return on Investment
Home Gain has an ROI chart where all updates are listed and flooring gets a 110% return on investment with 93% of Agents recommending doing it. So it is a benefit!
I agree with this, because I see the value of it everyday when clients can sell their homes faster than the competitors and the steady feedback from buyers is that they loved the new flooring.
If you feel it’s too daunting your other option is to reduce your price or offer a buyer allowance for flooring, but it isn’t recommended. Why give away your equity?
I offer project planning and contractor management, painting, fixtures updates, facelift renovations, and Staging for my listings. We can have a 15 min strategy call to discuss how this works if you and I work together.
In addition to updates and proper pricing, Staging a home brings in better offers than not staging it, So clean, repair and stage your home & price it correctly.
REALTOR eXp REALTY
Owner Simply Irresistible Interiors
RESA Award Winning Home Stager
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