You may be reading about or being told that if your counter tops, carpeting, flooring etc. is over 10 years old then you need to rip it out otherwise your house is not marketable. That is an interesting position to take as a realtor. If you are like me, I use my home, and yes, at one time I was going to replace/rehab the baths, kitchen, flooring and so forth. But life took hold, the market changed and all of the sudden, it is not financially savvy to rip out the interior. Like yours, my listing price won’t give me a dime back. ‘The market did not stop at my own driveway!’.
As I view several homes on the market we are all in the same position. So, maybe the message is those parties don’t want to take on the time to list, market and sell your home. It will take longer. You already know you will have to adjust your price accordingly to the market conditions but should you put 75K into your home so that you can list it 75K less? That is a hard decision and I keep playing with my own numbers.
Maybe it is time to focus on the real estate being offered. That means the land, the structure, layout, design, views and the fact that there your home is the only one in this place, at this price at this time. If anything, Lake Geneva is not a large home builder area where we have 4 floorplans and 6 facades.
If the buyer can see the value and is willing to renovate I have plenty of suppliers to send their way. Yes, it will cost money but then the Buyer will get what they want and so will you. The chance to move on, move away and recreate.
I have several tools in my back pocket such as virtual staging and floor plan design that will assist the new buyer with their own visualization. Give me a call to see what we can do together to get your home positioned for sale.
Margaret Canfield
262.949.9272
