{"id":1007,"date":"2013-09-05T19:06:49","date_gmt":"2013-09-05T23:06:49","guid":{"rendered":"https:\/\/steveroblin.com\/?p=1007"},"modified":"2023-11-28T16:21:36","modified_gmt":"2023-11-28T21:21:36","slug":"home-renovations-to-renovate-or-not-to-renovate","status":"publish","type":"post","link":"https:\/\/steveroblin.com\/home-renovations-to-renovate-or-not-to-renovate\/","title":{"rendered":"Home renovations &#8211; To renovate or not to renovate&#8230;?"},"content":{"rendered":"<p><b><a href=\"https:\/\/steveroblin.com\/wp-content\/uploads\/2013\/09\/15melbINK.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-1008\" alt=\"15melbINK\" src=\"https:\/\/steveroblin.com\/wp-content\/uploads\/2013\/09\/15melbINK-228x300.jpg\" width=\"228\" height=\"300\" \/><\/a><\/b><br \/>\n&nbsp;<br \/>\n&nbsp;<br \/>\n<b>To renovate or not to renovate\u2026<\/b><br \/>\nSeptember 2013 \u2013 Steve Roblin<br \/>\n\u201cYou never get a second chance to make a <b>first impression<\/b>\u201d.\u00a0 When it comes to selling your home taking the time to prepare your property -both inside and out will give you the best opportunity to sell your home quickly and for top dollar!<br \/>\nWhen you first bought your home was there something you wanted to update?\u00a0 Maybe it was something minor, like new light fixtures or paint.\u00a0 Perhaps something more extensive, like a full kitchen or basement renovation.\u00a0 Have you had the opportunity to complete the work yet? I know I still have things left to do on my list.<br \/>\n&nbsp;<br \/>\nThe reality of today\u2019s market is that with housing prices on the rise and a federal tightening of lending laws, we are finding that the majority of buyers do not have a lot of \u201cafter mortgage cash\u201d.\u00a0 This means that these desired updates may not be completed for some time. \u00a0\u00a0An informed seller understands that a well-prepared and maintained home is likely to be an \u201ceasier\u201d sell than a home in need of major repair, and so it is often the decision to sell that motivates the completion of these long-awaited updates.<br \/>\nIf you, as the seller, are willing and able to get the work done, today\u2019s buyers are willing to pay a slightly higher purchase price for your updated home.<br \/>\nThis begs the question: Where to put your money? What to renovate first?\u00a0 The old adage of \u201ckitchens and bathrooms sell homes\u201d still holds some truth. \u00a0You can expect to see anywhere from 75-100% return on your investment for bathrooms and kitchens.<sup>1<\/sup> It is important to note that renovations are not to be done at the expense of important general maintenance.\u00a0 A brand new kitchen is nice, but if there is a gaping hole in your roof it may still be a tough sell.<br \/>\nOnce you have dealt with the maintenance issues, take some time to note some of these smaller areas that savvy buyers will pick up on: receptacles, room-transitions, loose banisters, paint touchups\u2026etc.\u00a0 These seemingly minor details can translate into a difference of thousands of dollars to your home<br \/>\nToday\u2019s buyers do appreciate quality improvements but they also want a solid stable home that has been well maintained.<br \/>\nWhether your plan to sell is imminent, or not even on the radar, I send you these monthly notes because I want you to know that I am in real estate for the long haul.\u00a0 \u00a0I invite you to call. I am always happy to provide a no-obligation market evaluation complete with a detailed list of recommended upgrades.<br \/>\nSo, how are your renovations coming along?<br \/>\n<sup>1<\/sup> Statistics from the Appraisal Institute of Canada, Renova<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; To renovate or not to renovate\u2026 September 2013 \u2013 Steve Roblin \u201cYou never get a second chance to make a first impression\u201d.\u00a0 When it comes to selling your home taking the time to prepare your property -both inside and out will give you the best opportunity to sell your home quickly and for [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-posts"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Home renovations - To renovate or not to renovate...? 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