Tips to Sell Your Beavercreek Home 

If you're gearing up to sell your home, you're probably facing that big question: Should you renovate first, or try to sell it as is? On one hand, many Beavercreek homes do sell better if they've had some work done, but not all home improvements necessarily translate to a higher price point.

To Renovate or Not To Renovate?

While there are certain areas that should probably be fixed up before you put your home on the market, it's important that you get a worthwhile return on your investment. Many homeowners spend far too much on remodeling projects, only to discover that these improvements didn't boost the sale price to the extent that they had hoped.

There are many home improvements that buyers may not even notice, let alone pay extra for. And there are others that don't boost the price of your home because they simply don't reflect the kind of improvements that matter to buyers at the moment. The trick is finding home improvements that actually do add value to your home, and don't require a huge investment on your part.

Upgrades That Pay Off

Often, the key is to think small. Relatively minor cosmetic upgrades are often preferable to major renovations because they require a smaller investment on your part, and help you by getting more buyers to take notice, leading to a quicker sale. Upgrades to consider include:

• Walls and Floors - Repainting the walls in a more stylish color is a great way to make your home more attractive with a minimal investment. New carpets can have the same effect (true, many buyers prefer hardwood, but carpets are much less expensive on your part).
• Doors - Replacing an old wooden front door with a new steel door is one of the few home improvements that gives you more than a 100 percent return on your investment.
• Kitchen Upgrades - Overhauling your entire kitchen is far too costly to get your money back, but this is still the most important room in the house for most buyers. Instead of a full renovation, go for low-cost updates like repainting or refinishing the cabinets, replacing outdated hardware, and installing more stylish light fixtures.
• Fix Anything That's Broken - If you have torn drapes, leaky pipes, broken windows, appliances that don't work?anything broken, stained, warped, worn-out or water damaged?fixing it is essential to getting your home's full value.

Renovations That Might Not Pay Off

Generally speaking, there are a handful of big, costly home improvement projects that end up being a waste of money if you plan to sell your home. These include large-scale kitchen remodels, luxury bathroom upgrades and high-maintenance landscaping. Adding on an extra room is also an incredibly expensive investment that usually fails to recoup its full cost.

Of course, keep in mind that buyers looking for a fixer-upper generally don't mind making some small improvements themselves, but probably won't want to buy a house that needs to be practically rebuilt from the ground up. So if your house needs a really major renovation, like a whole new roof, or has structural issues with the foundation, these kinds of issues often scare away even the most gung-ho DIY enthusiast from buying. You'll want to get those fixed if you want your house to sell.

Contact Wright-Patt Realty to learn more about selling your home. If you're on the fence about whether you should update, renovate or sell as is, our REALTORS® have years of knowledge and experience that can help you make the right call.