Return on Investment
Few years ago, it seems as long as the place has a front door, you can probably sell it. Well, the real estate market is not what it used to be. Nowadays, the house needs to be in top-shape in order to be competitive. Besides having to spend the money to fix-up/remodel the place, you should also remember to “dress it up”! Presentation is everything, a properly staged home is essential to help sell the property fast and at top dollar.
ROI of Home Remodeling & Staging
The Return on Investment (ROI) number in the chart above might surprise you, but think about this a bit… Brand new electrical wiring or copper plumbing might be highly welcomed upgrades, but they won’t “emotionally capture” the potential buyers. The potential buyers need to emotionally “move-in” as soon as they step in the front door, and be able to picture themselves sitting in front of the fireplace reading a book or hosting parties around the dinning room…
