Articles

If you are planning on selling a home this year, you are probably wondering what you can do to help make your home more salable.  There are a few things to consider before you make your list of projects.  Firstly, listing inventory is very low - in fact it is heading toward an all-time low, according to the National Association of Realtors.  Spending time on renovations could reduce your window of opportunity during this time of extremely low competition.  Some repairs are important or even required though, which is why it's important to talk to a Realtor about what renovations could make you money.  Also, in this market more buyers are willing to take on repairs and projects.  This way they can remodel and update according to their own tastes and preferences.

This past year home improvement spending rise 25% year over year, so there is a good chance you've already made some great updates.  Your Realtor can find ways to highlight those updates in the marketing of your home.

Whatever route you choose, it's important to get expert advice from your agent or real estate advisor.  People are seeing unprecedented sales prices and making nice profits in this market, even when the home might not measure up to other remodeled homes in the area.