Report: Remodeling Not Always the Answer in Trying to Sell Your Home
CNBC released a new report on Friday, warning homeowners that remodeling their homes may not always be the best idea when trying to sell because not all renovations pay for themselves in added value.
“Pretend you’re the buyer,” suggested Cheryl Reed, a spokeswoman for review site Angie’s List. “Walk around your house and think about things you would reject in a home.”
According to Reed, things like peeling paint, a leaky faucet, messy landscaping and crumbling front steps would be worth the fixes. Anything else, she warned, may be better to leave as is.
Image via flickr/JD Hancock