Should You Fix Your Macomb County Michigan House Up… or Sell Now?
By: Rick Giese RE/MAX First
1. Analyze Your Market
A real estate professional can help you to understand your market and the potential level of buyer interest and demand for your home. Are you in a seller's market or a buyer's market? This can change based on the price range of your home, too. A professional can also give you some insight on what you can change or remodel, and how to declutter your house to make it attractive to buyers in your area.
2. Get an Inspector
Right now, the average length of time a family stays in a home is between 9-10 years. That's a little longer than the average, so if you've been living in your home for a while, it might be time to make some significant improvements.
3. Decide If You Need to Remodel
You may also be thinking about driving buyer appeal with something like a kitchen or a bathroom remodel. A local real estate professional can help you determine your home's market value, and you'll want to get a few quotes from contractors on the potential remodel pricing as well. Once you have those two factors narrowed down, you can to decide if a remodel will give you a return on your investment when you sell. Oftentimes, it is actually more advantageous to price your home to sell, list it competitively, and then let the buyer pick the colors they want for their bathroom tiles and the type of countertop they prefer.
Nationwide, inventory is low, meaning there is less than the 6-month housing supply needed for a normal market. This drives buyer demand, creating a perfect time to sell. If you're considering selling your house, let's get together to help you confidently determine what will be the best choice for you and your family.
If you are living in a house or condo that no longer fits your needs, at least consider checking out other homes in your area that would meet your lifestyle needs before taking on the cost and hassle of remodeling your current house. Call or text Rick Giese associate broker RE/MAX First 586.242.3100
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Rick Giese RE/MAX First