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Why You Should Renovate Your Home Before Listing

Did you know the Memphis housing market is neutral for the first time in quite a while? A neutral housing market means it’s not a buyers or sellers market. However, this can be good news. When you list your home, you likely want to sell quickly at a good price. Oftentimes, even small renovations can help get more buyers interested and push the process along.

Three Reasons to Renovate Your Home Before Listing

Increase Buyer Interest

When potential buyers walk into your home, they want to imagine themselves and their families living there. If they see outdated hardware, run-down flooring, and needed repairs, they’re likely to either lower their original asking price or look elsewhere. By completing renovations before you list, your home will be move-in ready, and buyers may be more likely to purchase for the asking price. Even simple upgrades can boost your home’s value and significantly impact buyer appeal.

Sell Your Memphis Home Faster

Generally, homes that are well-maintained and updated sell more quickly than homes needing repairs and renovations. Many buyers are in a hurry or tired of looking. So much so that, on occasion, buyers will bypass the home if a listing obviously needs repairs. By letting CrewPros manage your home renovations, you can eliminate buyer objections while also speeding up the process.

Return on Investments for Renovation

Our goal is for our clients to yield a high return on investment for their renovations. We find that strategic updates can pay big, but if you don’t know where to start, we have a few ideas for you to consider.

Top Renovations to Increase ROI

  • Update Your Flooring: Missing tiles, stained carpet, and floor scratches are all signs that the home has not been updated in a while. Plus, you don’t have to drain your pockets for fresh floors! Luxury vinyl plank flooring looks like the real thing at a drastically cheaper price. It is also easy to install, so your floors will look good and new before you know it! 
  • Make General Repairs: Fixing things like faucet leaks, broken light fixtures, and damaged drywall is often low-effort and inexpensive. If done properly, you can yield a substantial reward. A well-maintained home will help instill confidence in the home buyer.
  • Fresh Paint: A fresh coat of paint is the perfect way to brighten up your space. Using neutral colors can help the buyer envision themselves in the home.
  • Kitchen & Bathroom Renovations: Modern kitchen and bathroom designs can help you get more for your home. Even simple updates like new hardware, refaced cabinets, and updated countertops can have a big effect.
  • Curb Appeal Matters: Curb appeal is your home’s first impression to potential buyers. Investing in a new front door, clean new windows, and a landscaped lawn shows that  the previous owners took care of the house well.

Let CrewPros Help With Your Pre-Sale Renovations

Whether you’re a real estate agent, a homeowner, or both, your future listing may benefit from pre-sale home renovations. We’ve created the ListRight program specifically for this reason! ListRight by CrewPros allows homeowners to make necessary and cosmetic renovations before selling, with financing available to cover the upfront costs. We even work with the brokerage or mortgage firm to help set it up. 

Boost your resale value and maximize your profit with our team! Contact CrewPros today at (901) 221-4033 to schedule a consultation and let us assist you with getting your home market ready.