I started my journey with design with remodeling and customizing my personal homes. When I was a young girl I rearranged furnishings, when I was a homeowner I collaborated with contractors to fix things up, and now that I've been designing for clients, I have a wealth of knowledge when it comes to the benefits of remodeling. I have a small background in being a real estate agent, but now that I'm a designer who works on remodel projects, I'm constantly being asked by clients if investing in good design and construction is going to get a return. All I can say for sure is that I've always invested in my home's finishes and it has never failed me. Because of this, I was happy that Las Vegas broker Rob Jensen sent out a flier in my neighborhood about 5 reasons you should go for that remodel. I wanted to pass along the message in his own words! Enjoy!
Most buyers lack the vision to see past dated finishes and how amazing they could make the home. They're likely to overlook your home; without renovations, it's just not going to be an option.
Many buyers don't have the cash flow to make renovations. they would rather pay a higher sale price, get a bigger loan, and wrap everything into one mortgage.
A PLACE TO LIVE
Buyers don't always have somewhere to live while renovations take place. Out-of-state buyers usually prefer to move straight into a home they can actually live in. The same goes for locals; everyone loves a smooth transition.
Renovating can be a big task - especially when buyers are new to town and don't have connections for designers, contractors, etc. - and managing appointments can be overwhelming. Many buyers would rather have a home that's turnkey
Buyers tend to overestimate costs by at least two to three times, which scares them off - one more reason to get your home ready before you put it on the market.
We thought these points from Rob Jensen were perfectly accurate. I might just add that if you feel like you'd eventually like to sell in 5 or 10 years. Renovate now and hire a designer who can help you make smart investments that will last. This way, all that money and time is enjoyed by you before you move on to the next home. Now just for fun -- here are a few before and after shots. Would you buy?