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Consider selling my property, but want to do some renovation first to increase its value

  • Thread starter Thread starter /u/Interesting_Iron
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/u/Interesting_Iron

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Just sold a townhouse, which was estimated to be around 340,000; one townhouse in the same lot sold for 370,000, one of the major reasons is perhaps it had better renovation,

  • new painting
  • cleaner

I have another house to sell in the near future, the most recent report I got is this house has a few exterial boards that had become rotten. A new painting job both exterior and interior is in order as well.

I am wondering how much money I should spend on this renovation? It is hard for me to put myself in a buyer shoes completely, if I spend too little, this house may not be sold to its max potential; if I spend too much, the extra money may become an overkill and goes waste.

Would talking to a real estate agent about renovation help? I have this impression that agents are more interested in selling a property fast instead of working out a long term plan with me, which involves in renovation and etc.

Any suggestion is welcome.

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Consider selling my property, but want to do some renovation first to increase its value
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