If you are like most potential sellers, you want to know if it is worth spending your money on upgrades.

The first thing I would say is to make upgrades before you are ready to sell so that you can get some enjoyment from them before you sell. That way, even if you don’t recoup the full cost of the upgrade, at least you enjoyed them for a while.

Another thing to keep in mind is that there may be things that need an upgrade that don’t recoup as much as others, but may be needed to make your home competitive with other homes in the market.

I would suggest that you talk with your real estate agent a year or two before you are ready to sell and ask your agent to show you homes that are selling in your neighborhood so that you know what they are offering and how your house compares with those that are already on the market.

If your home is really outdated, you should weigh the cost of the upgrades against the increased sales price. You may be better off saving that money to upgrade the home you are planning to buy, rather than spending it on the house you are selling. Of course, that means that you won’t sell for as much as you want; but would you rather spend $20,000 to upgrade your house so that you can get an extra $10,000 when you sell?

Start building your memories,
as you turn your house into a home. 

As you might guess, this document is a compilation of information from our own efforts as REALTORS, as well as input from other REALTORS in our Coldwell Banker office.  I hope it has been of value to you.  Don’t hesitate to email us with any suggestions that will make this document better for you and your fellow homeowners!

Be sure to follow us on Facebook at www.Facebook.com/ElkGroveRealEstate.  For information about properties available for sale and for more information for buyers and sellers, please visit our website at www.ElkGroveRealEstate.com and don’t hesitate to give us a call or drop us an email with your questions.