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is my house worth remodeling?

needs a roof, siding

Asked by Anonymous | Carrollton, AL| 09-22-2021| 1,434 views|Tips & Advice|Updated 3 years ago

Answers (5)

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Kevin Neely

Keller Williams Realty Elite Partners · Spring Hill, FL

(76 reviews)
Whether your home is worth remodeling before selling depends on one number: the spread between the cost of the remodel and the increase in sale price it would produce in your specific market. In Alabama and throughout Florida, most pre-listing renovations do not return dollar for dollar, and some produce no return at all because the comparable sales in the neighborhood do not support the higher price point the update would justify. The exceptions are targeted cosmetic improvements (fresh neutral paint, updated light fixtures, clean landscaping, and refinished floors) that are relatively inexpensive and significantly improve the homes first impression. The most reliable process is to ask a local agent to walk through the home and tell you specifically what the market in your price range expects, what would move the needle on buyer interest, and what would be a waste of money. That agent walkthrough is free and saves you from spending $25,000 on a kitchen update that adds $10,000 to the sale price. In Hernando County and Citrus County, the sweet spot for pre-listing investment is typically $2,000 to $8,000 on cosmetic improvements that change how the home photographs. Full bathroom or kitchen renovations before listing rarely pencil out unless the home is in a higher price range where finishes are scrutinized heavily by buyers. Kevin Neely & Kaitlynd Robbins | K2 Sells, Keller Williams Elite Partners
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04-15-2026 (1 week ago)··
Steven HuntSemi-Pro60 Answers
Steven Hunt

Real Broker NY LLC · NEW YORK, NY

(40 reviews)
It depends the current market value, what updates are needed, the cost and the After repair value. If you would like some contacts who can help you i can get them for you. 518-526-4964 Also, here is a video of little things that can be done to maximize the value of your home. https://www.youtube.com/watch?v=hWzDqaItXjc
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12-25-2021 (4 years ago)··
Al MaxwellRising Star19 Answers
Al Maxwell

eXp Realty · Marietta, GA

(60 reviews)
The better the condition, the higher the price and more buyer interest.,
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08-18-2022 (3 years ago)··
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Jeannie Ricke-FinleyRising Star11 Answers
Jeannie Ricke-Finley

CENTURY 21 Arizona West · Wickenburg, AZ

If you are selling "AS IS" you will get less. Good return on investment would be Neat Curb Appeal. Declutter. Fresh Paint. New Roof/Siding is Costly. You need to weigh you improvements vs. what your proceeds will be.
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10-04-2021 (4 years ago)··
Margo ChristophilisNovice9 Answers
Margo Christophilis

Keller Willaims GSRE · Seattle, WA

(155 reviews)
It depends what the value is now and what updating will cost versus what you can get from it.
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09-25-2021 (4 years ago)··
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