May is National Home Remodeling Month and also the time when the real estate market is heating up. DreamMaker Bath & Kitchen of Aiken, one of the top kitchen remodeling contractors in our area, is often asked why homeowners should try to remodel their homes before selling them. Let’s discuss the pros and cons of selling a home “as is” versus fixing it up for homebuyers.
Selling As-Is vs. Remodeling Before Selling
The choice between selling a home as-is and spending money to fix or improve it depends on a lot of variables. You will need to consider the condition of competing houses for sale in your market. You will also have to make sure that you can get a return on your investment. Some homeowners invest too much money in improvements before listing their homes for sale, so you need to understand which home remodels provide the most value.
Why Homeowners Sell Their Home As-Is
Some homeowners want to sell their homes as-is because they don’t want to deal with the hassle and stress involved in managing a home remodeling project. They might want to move as quickly as possible. They may also want to play it safe and avoid losing money by investing in home improvement projects that don’t add value. However, by doing this, the danger is that you might not get as much money from the sale as you should and could find it harder to sell your home.
Reasons to Invest in Home Improvements
Investing in a home remodel or home improvement project should allow you to get more from the sale of your home. This is because homebuyers who want fixer-upper homes will steeply discount the price of the home to allow for the repairs and the inconvenience of repairing things themselves.
For example, if you own a home that needs the roof replaced, the best decision would be to pay for the new roof and offset the expense with a much higher selling price. In addition, you need to remember that some homebuyers won’t be able to finance a home that needs major home improvements in the first place.
DreamMaker Bath & Kitchen of Aiken can help you with your kitchen remodel or with any other home remodeling project. Our mission is to help make your remodeling dreams come true! We use a full-service remodeling approach that makes remodeling your home as easy and stress-free as possible. Call us at (803) 335-1758 to learn more about our services and products, or to schedule a consultation.
