Monday, November 04, 2019 / by Jennifer Gilbertz
As a realtor, this question has been coming up a lot recently with my seller clients here in Spokane, WA. The thought of strangers coming into their homes and judging every little nook and cranny. Selling a home is a very personal experience. You are emotionally tied to your home, your stressed and excited about moving potentially, and of course you would like to get the most money out of your home.
What’s even more interesting is the last two seller meetings I have had have been both with past clients that just a couple of years ago hired me as their buyer’s agent. A couple years ago we were still in a hot seller’s market and with both families had a hell of a time finding them a home that was ACTUALLY available, and we fought like crazy with all the tricks of the trade to get under contract.
But here we are, still in a hot seller’s market, maybe even more so and both families are worried about their homes selling. One family has maintained if not, improved their home since buying it a couple years ago and I was able to give them the great news of having a decent amount of equity in their home. They want to sell and buy a larger home since they are now newly married and would like to start a family in the near future. They are concerned with some minor defects in the original hard wood floors in the main living areas. They said they wanted to put all new floors because they were worried it wouldn’t sell in its current condition.
This is a huge toss up, the cost of actually purchasing materials and labor to replace original hardwood floors versus replacing said floors with a manufactured wood product……..what would you say?
My advice to them was to leave it as is, if anything they could refinish the current floors if they were that concerned with it. Their particular home is not cookie cutter on the inside. It has a really cool oversized galley kitchen, high ceilings, large living area rooms, and has fantastic curb appeal and landscaping. But just like most home sellers they are worried how it will go when their home goes on market. I reassured them about the sellers’ market and about how cute their home is and all the great things about it.
Here’s the catch 22, if you have only lived in your home a couple years and your home has fallen prey to disrepair, there may be a few things you could do to help boost your bottom line at closing.
If your carpet has pet odors, stains, and in the need of stretching you might want to look into what it would cost to replace your carpet. If your home has any stained walls, writing on walls, chipped paint on either interior or exterior of home you should definitely make these repairs if possible. Any chipped paint will automatically remove the possibility of being able to accept FHA or VA buyers. Broken windows should be replaced if possible, deep clean your home (especially bathrooms and kitchen) and cleaning up your yard and flower beds may have a huge impact on the first impression a buyer will have on your home.
When in doubt, its always best to have a professional real estate agent that is extremely familiar with the Spokane, WA housing market to come take a peek at your home and give you their opinion on what to fix and what to let be.
For more additional educational blogs and videos please go to Jennifer.viewhomesinspokane.com