Are Major Renovations a Good Idea Before Selling Your Home?
Amy Newcomer • May 22, 2022
If you’re considering beginning the home selling process, your goal is to receive the highest possible return on your investment. For many homeowners, upgrading or renovating their house can seem like an obvious way to make a profit when it comes time to sell. However, is this actually what happens? Believe it or not, it’s usually not a great idea to undertake major projects like a full kitchen renovation right before selling your home. You are unlikely to earn back the funds you spent on the renovation with the sale price alone. A new bathroom or kitchen can be great if you’re planning to live in your home for a while, but not if you’re about to sell it. Contact us for more tips.
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