Should You Renovate Your Home Before Selling It? In Today’s Market, It All Depends

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Thinking about updating your home before it hits the market? Here’s how to decide whether pre-listing renovations might pay off.

, renovations may not be necessary. “There’s no inventory, so there are bidding wars on available homes, whether they need work or not,” she said.

While most ultraluxury buyers will renovate after they purchase a property, even these top-end homes can benefit from a makeover before they go on the market. Late last year, Senada Adzem, executive director of luxury sales at Douglas Elliman, listed a seven-bedroom waterfront home in Royal Palm Yacht & Country Club, in Boca Raton, Fla., for $13.5 million. It received a few offers too far below the listing price. So, on Ms.

 

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Great renovate read I noticed you mention get home inspection. I too agree with you and its valuable to know beforehand too is what I inform my clients realestate sellers buyers

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