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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Sat, 26 Feb 2005 03:27:27 -0000
/ Author of the message: Gordon Reeder |
Title of the message: |
Re: Updating House vs. Selling "As Is"
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Text of the message: |
"jim" <jcposner@gmail.com> wrote in news:1109335968.508248.233340 @l41g2000cwc.googlegroups.com: > Our house is in good condition but looks dated. It was built in 1971 > and still has many of those design elements. We are putting the house > up for sell in a sellers market and I wonder if we should invested in > updating the kitchens and bathrooms. We can ask more for the house with > the updates but is it worth it when the house will sell quickly as is > but at a lower price. I have gotten mixed messages from realtors that I > have spoken to. Currently we are under no pressure to sell the house > quickly. > I generally advise my clients not to do large renovations just before selling a house. There are a couple of reasons. 1) The buyer's tastes probably won't be the same as yours. The renovation is wasted on this buyer. 2)You never get your investment back. Sure a renovation |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.