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Is it Worth it to Renovate Your Home Before You Sell It?

Is it Worth it to Renovate Your Home Before You Sell It?

When it comes to upgrading your quality of life, you can't be too careful. This applies to every aspect of your transition. If you are ready to move to a new property, you may be concerned about selling your old one. You will want to be absolutely sure that you can quickly and easily sell off your current home so that you can make a smooth transition to your new home.

 

How Much Money Do You Need to Spend on a Home Renovation?

Do you need to break your budget just to fix up your home? The answer is certainly not. You don't need to spend much more than you normally do on simple home repairs, such as fixing a leaky faucet or repairing broken or crumbling kitchen tiles. In fact, the best way to approach a course of home renovation is to think of it as a few simple repairs that need to be made.

Just as it doesn't cost an arm and a leg to fix a broken light switch, the total cost of a few timely repairs around your home won't really add up to that much. The point of making these renovations is to freshen up the look of your home for the benefit of a potential buyer. They need to see that the faucets, lights, and tiles are all in good shape before they are able to commit to buying your home.

 

You Should Start in the Most Obvious Areas of Your Home

A course of home renovation should begin in the areas that a prospective buyer will be most interested in checking out first. This means that the kitchen and bathroom of your home should receive your urgent attention. You can begin by fixing any broken tiles in your bathroom and kitchen areas. Give all of the sinks and faucets a good going over to make sure everything is in working order.

From there, you might want to replace the wallpaper, particularly if this hasn't happened in quite some time. If the fashions in these rooms don't gibe with the rest of your home, you may wish to consider completely repainting them. At the very least, you might consider completely replacing the wallpaper and tiles. These are projects that can be quickly completed without stretching your budget.

 

There are Areas Outside Your Home That May Need Renovating

You should also keep in mind that there may be areas outside of your home that require your urgent attention. When was the last time you mowed and trimmed your lawn? This is one area that you want to present in peak condition when a potential buyer arrives. Your lawn should be neatly mowed, raked, and trimmed. All of the usual debris, such as dead leaves and tree branches, should be swept away.

If the house needs painting, you may as well bite the bullet and go for it. Keep track of all of the receipts that you accumulate in the process of renovating your home. You will most likely be pleasantly surprised at how little the entire operation will really cost you in the end. The important thing is to make the repairs so that they can add a liberal amount to the ultimate resale value of your home.

These repairs may take a bit of time and money to pull off, but they are well worth it. The sooner you make these important repairs, the sooner you can get back to the real objective: Moving into a bigger, better, and more comfortable new property.



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2185 Adjala-Tecumseth Townline
Tottenham, ON  L0G 1W0

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Information is deemed reliable but is not guaranteed accurate by TREB.

Toronto Real Estate Board - IDX Last Updated: 9/18/2018 6:33:19 PM