Today I’m going over a topic that many viewers have inquired about: upgrading or remodeling a home for market.
In today’s market, if you’re looking to maximize your equity, the best thing you can do is upgrade your home.
Buyers in this market have a lot of purchasing power because of low interest rates and great financing, but they don’t always have a lot of out-of-pocket cash. A buyer may be able to afford to finance a home that has had some remodeling done, but not to buy as is and upgrade it themselves. That’s why investing in upgrades is a great idea.
Keep in mind that you do have to be very generic when remodeling. Don’t focus on a specific style that you like or make choices based on your taste. You also want to make sure that you’re doing all the projects that will increase value. If you leave something undone, it might take away from the upgrades that were made.
"Don’t make remodeling choices based on your specific taste."
The best way to figure out exactly what needs to be done for your specific home is to give us a call. We would be more than happy to come out and assess what projects need to be done to get the best return on your home. If you have any other questions, please reach out to me!