Advice Topics
- Buying (227)
- Selling (233)
- Renting (42)
- Market News & Trends (13)
- Finance & Legal Info (102)
- Tips & Advice (102)
- Working With an Agent (56)
- Marketing (6)
- Investing (16)
- Affordable Housing (20)
- Green Housing (2)
- Schools (1)
- Remodeling (37)
- International Real Estate (8)
- Terms & Definitions (28)
- Home Loans (18)
Top Contributors (View All)
Find a Top Real Estate Agent Near You
Should we remodel half the home?
Our home is outdated and we want to sell. We could afford to remodel half the home, but is it worth it? Does it look weird if only 1 floor of our 2 story home is renovated? Or would the increase in home value outweigh the cost of the reno?
Asked By Miguel | Bakersfield, CA | 704 views | Selling | Updated 2 years ago
Answers (4)
Amanda Courtney
REP Realty Group
Only if it increases value more than it costs. Most sellers do best with paint, flooring, and light updates instead of major remodels.
- 1 month ago
Helpful (0)
Unhelpful (0)
Chris Yochum
Dickson Realty
It can depend on if the market is climbing in your area or dropping. Most of the time it is not preferred to remodel and pay the expense to do things that your not sure if the next buyer will prefer. If the home is severally outdated or in disrepair than that could be a different situation. It can be a good idea to get a local agent out to assess and give you recommendations.
- 2 years ago
- Helpful (0)
- Unhelpful (0)
Are you ready to find a top agent near you?
Browse profiles of the highest ranked agents in your area and find one that meets your specific needs.
Lisa and Greg Harris
eXp Realty, LLC
This depends on your ultimate goal. Are you looking to NET more money? Is the renovations that you are doing going to cost more than you would get out of them? Then NO, sell it for the right price based on the condition. Or Are you looking to sell it faster... A Professional Local REALTOR can walk through the home and give you a better direction of the options to get the most from the home sale. Sometimes it is as simple as some paint and flooring and that is all dependant on what is going on in your local market! I would have a local REALTOR come look at the house in person and give you some advice for your specific situation.
- 2 years ago
- Helpful (0)
- Unhelpful (0)
Agni Mitra
Keller Williams Arizona Realty
Hi,
That is a great question and the specifics of the answer really depends on our market. However, in general it is preferable not to do any renovation if you cannot do the entire property since matching all the upgrades might be difficult for the buyer. Also, in most cases, the buyer will question the reason why only half the property was renovated and will not be prepared to pay the added value of the upgrade. However, I would definitely ask the opinion of an expert in your area:
https://www.fastexpert.com/rsp/agni-mitra-78257/
to give a second opinion.
Good luck!
Agni
That is a great question and the specifics of the answer really depends on our market. However, in general it is preferable not to do any renovation if you cannot do the entire property since matching all the upgrades might be difficult for the buyer. Also, in most cases, the buyer will question the reason why only half the property was renovated and will not be prepared to pay the added value of the upgrade. However, I would definitely ask the opinion of an expert in your area:
https://www.fastexpert.com/rsp/agni-mitra-78257/
to give a second opinion.
Good luck!
Agni
- 2 years ago
- Helpful (0)
- Unhelpful (0)
Related Questions
-
How can I get the most money from selling my house?
How can I get the most money from selling my house? Especially in this economy.
- Asked by Ronda N.
- Carson City, NV
- 2710 views
- Selling
- Updated 15 hours ago
-
How should I prepare my house before selling it?
- Asked by Mike M.
- 2166 views
- Selling
- Updated 3 months ago