Is it a good idea to renovate before selling or simply sell as is?

That depends on the work needed, the cost of the work and the value afterwards. I recommend contacting a few Realtors to get their opinion on what would need to be done and what the value difference is between the two conditions. If the spread if value seems large enough to cover the costs, then have 3 contractors give you estimates. If the numbers are still profitable then it would be wise to do the work. The bottom line, is know the numbers before you make a decision.

Some things are worth renovating and will give you a large return, other things could actually net you less than the cost... so it really depends on what your talking about... I will say that if your home is outdated, paint and flooring would definitely net you more than the cost to renovate.. if your talking about ripping out a kitchen or bath, you might want to consult with a local real estate agent before committing any $$... you might not get a full return.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

It depends on the cost. Sometime just a good clean up and a fresh coat of paint. FYI: people want to fix up their house the way they want it

Depends on what your house is like compared to others in your nieghborhood. If all the homes have finished baements and yours isn't it may help to finish it. Have a realtor compare yours to the amenities of the other houses in your area.

How bad is it ? test the market. See what responce you get. Dont make changes that may not bring any higher sale price.

Initial curb appeal is important, if you want to get top dollar.

It really depends on your situation I would speak with a Realtor prior to spending any money on renovations. Discuss the cost and the difference in sale price to see what's best for you.

It all depends on how much the renovations will cost and if they will add value to your home, enabling you to get more money for it when you sell. You will want to carefully determine if the renovations will yield a high ROI.

It depends on the after improved value versus what you spend on the renovations.

I agree, Get some estimates first and then weigh your options.

You should have 2-3 local realtors give you there estimates on comparable sales before work is done and after the work is completed. This way you can make a decision based on maximizing your potential profit with least risk involved....if you can only get another $30,000 on sales price but cost you $20,000 to improve and 3 months of your time....the net additional profit might not be worth your efforts in managing the improvements to be made. Good Luck!!!!

This is a question that would be better answered by your Realtor. The largest cost of selling your home is TIME. The amount of time you take to sell your home can cost you tens of thousands of dollars depending on your market and whether or not you have already purchased a new home. If you are looking to renovate before selling, it tells me your home may need some updating. Talk to your Realtor about what renovations you should address for the quickest and most profitable sale of your home. What ever you do, do it quickly. Most markets have a low inventory, and the faster you get your property into the Spring Buying Season the more likely you are to get your price quickly.

Renovating a home to sell should really be discussed between you and your REALTOR to determine the greatest return on your dollar. Have a great weekend.

Sometimes a little bit of renovation can result in a hugh increase in value.

You should have 2-3 realtors look up sales comparables in your neighborhood on current condition and after renovating. Then you will have exact details on if it is worth completeing the renovation before selling.