Are Home Upgrades Needed When Selling my Home? | Nashville ...

Are you at the point in your life where you are considering selling your home? The following video will help you determine what upgrades may be needed to ensure your home sells at top dollar.

Many people make various upgrades to their home while they are living there. If at a later date they choose to sell the home, these upgrades may help them get a sale quickly. However, these homeowners made these particular upgrades based on their own personal preferences.

That is a key point. You may get ten people to look at your house for sale. Each person has a different idea of what constitutes their dream home. You may think adding stainless steel appliances will drive up the price of your home. However, some buyers do not like that type of appliance. This can happen whether the upgrades were made while you were living there or later in hopes of selling the home.

Maybe you have plans to sell your home and are wondering which upgrades you should make before listing the house for sale. Where should you start?

My first suggestion is to begin working with a reliable real estate professional. There are many top Cool Springs Realtor that would be willing to work with you. These professionals will have the tools to appraise your home. I know for many of you, it is important to know your homes value before making the final decision to sell. It is easy to think that adding upgrades to the home will increase its value and make you more money at closing. Before making any moves get real estate advice from your realtor.

This is not always true. When you dedicate a large amount of money into a home improvement project, it may help sell the house. It may not, however, get you back the money that you spent on the project.

Here is my take on home improvement projects designed specifically for a house you want to sell. If your house is appraising under $200,000 there is no need to add money into the home. A project costing $20,000 should be done only for houses that were appraised for over $300,000

The key is not spending too much on a home upgrades. In the end you may not get it back.

Now if you are set on upgrading the home in some fashion, my suggestion would be to paint and add new carpet. This is a simple and fairly cheap project that will give the home a fresh new feel without breaking the bank.

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