Here’s What You Need to Know Before Renovating Your House Before a Sale, According to Andrew Shader

If you’re planning on selling your house, make sure your home is ready to appeal to as many buyers as possible. You need to work with an experienced real estate professional who knows the local housing market. Andrew Shader explains what you need to know before you begin any renovations.

What to Know Before Renovating to Sell

It’s not always easy to know what to update and renovate before listing your home on the market. Some things need to stay at the top of your mind as you choose which projects to take on.

Buyers Are Likely to Do Projects After the Sale

A lot of homebuyers are willing to do some projects themselves in order to have their offers accepted by sellers. In fact, a recent survey from Freddie Mac shows that two-fifths of homebuyers would consider buying a house that needed renovations.

Because of this, it might be a wise idea to let future homeowners take on remodeling projects in a way that best fits their own style. Instead, you might want to work on small cosmetic updates, like applying a new coat of paint to a hall or tidying up some of the exterior landscaping.

You don’t want to over-invest in upgrades that may be undone when the new owners move in. Real Estate Investing made easy.

The Number of Houses on the Market Is Low

You want buyers to compete for your home, but since houses are being scooped up almost as soon as they go on the market, you may not have to fuss over repairs and upgrades as much as you might have if it were a buyer’s market.

Andrew Shader explains that a real estate advisor can help you determine which upgrades to take on and which can likely be left to the buyer.

Focus on Highlighting the Updates You Have Done

This is the opportune time to spotlight improvements you have made to your home. Over the last two years, many homeowners have taken on more renovation projects than usual (likely thanks to the COVID-19 pandemic), and those projects should be highlighted to bring in offers from as many buyers as possible.

Which projects should be highlighted? Your real estate agent will be able to help you spotlight all of the most important ones.

Sellers are receiving multiple offers for homes, properties are selling very quickly, and buyers don’t have the luxury of being super picky about the features they want in a home. Housing inventory is near an all-time low, which means sellers are uniquely positioned to benefit from many important points.

A Glimpse at Andrew Shader

Andrew Shader is a real estate entrepreneur who specializes in finding value-added properties and bringing them up to their full market potential. His impressive portfolio has been built on the premise of buying properties for what they could be, not for what they currently are. Mr. Shader is based out of Ft. Lauderdale, Florida.