Do Your Renovations Wisely

by Rama Mehra Team

 

Planning to sell your home but you're hesitant because it needs a bit of renovation here and there? 

While consulting a real estate expert is your best bet when doing this task, here are a few tips to get you started and to help you budget the changes that you will be making once you're ready to sell. 

1. Buyers might be willing to do the renovations themselves. 

There is still high demand for inventory right now, that's why it's still the sellers market. Buyers are actively looking for their new home and even though your home might be needing some touches, there might be buyers who are willing to work on those themselves. 

Just make sure your potential buyers are aware of what they would be needing to change or fix once they have purchased your home. 

 

2. Prioritize what you need to renovate FIRST. 

There are a LOT of renovation trends arising during the pandemic since everybody wants to have a home conducive for work, leisure, and recreation. You might be tempted to join the bandwagon and create the latest trend only to regret it later on. 

Usually, what's trendy is more pricey. Instead of joining the norm, go for classic renovations that will definitely increase the quality of your home, and the quality of your life. 

Make a list of the renovations you can do to your home and then arrange them by the importance that is aligned to your values and your allotted budget. 

 

3. If you've made renovations previously, inform your real estate agent. 

According to HomeAdvisor's 2021 State of Home Spending Report, “35% of households that completed an improvement project undertook some type of interior painting, while 31% completed a bathroom remodel and 26% installed new flooring.” 

You need to inform your agent so that it will be taken into consideration when you have finally decided to list your home.

Ready to sell? Work with the team with a great track record. Call us today at 925-415-0835! 

The Rama Mehra Team

Company | License ID: CA 02014153

+1(925) 415-0835

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