In
Charleston's competitive housing market, shrewdly targeting which (if any)
renovations to make prior to listing your home can sharply affect not only its
DOM (days on market), but the price it ultimately brings. After making any
obviously needed repairs any that would be standout deficiencies left
untended you must still decide, what else?
Of the
welter of possibilities you could choose before your property appears in the
Charleston listings, recent studies show some renovations have the greatest
impact on selling prices.
An inviting
outside entertainment area is a significant plus for many prospects, so the
addition of a wooden deck heads the list. A deck is relatively quick and
easy to install, so when Remodeling Magazine reports a 77% return at
sale, being able to add “entertainment deck” seems an economical way to add
appeal to any Charleston listing. If you already have a deck, you might
consider expanding or improving it.
Since the
kitchen is the heart of a home, even a modest improvement like freshening up
cabinets or upgrading an appliance or two can make a dramatic impact on
saleability. If your home is already priced at the high end of the market,
simply adding granite countertops is an investment that's not likely to add
significantly to the bottom line...whereas the return on minor kitchen
improvements is measured in the neighborhood of 75%.
For an older
home, changing out questionable windows with new, environmentally advanced ones
can create a listing feature that's adds appeal to utility cost-conscious home
buyers. Window replacement is a quick fix; and if you already have newer
windows, an upgrade to siding can add one fewer thing potential buyers find to
worry about...and one more reason to choose your offering.
Such easy
fixes are ways to increase the instant appeal of your Charleston area listing without severely denting your pocketbook.
Being conscious of the way your listing compares with others in town will put
you ahead of the pack.
Interested in selling your
Charleston area home? Visit: www.jeffcookrealestate.com
Interested in buying a Charleston
area home? Visit: www.discovercharlestonareahomes.com
-Jeff Cook
Jeff Cook Real Estate
Charleston, SC
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