We are considering selling our home. It was a major fixer upper when we bought at 150k. We owe 120k and the estimated value is some 220k give or take.
The realtor heard our list of remaining updates and fixes and said just to let the future buyer deal with it because ROI wouldn’t be nearly worth the money spent. Here’s the list of updates we were planning:
1) Windows. We have VERY old metal framed windows. Some are broke and they’re extremely inefficient for insulation etc.
2) front and back door replace and reframed. These are both on semi broken hinges and the framing is horrible leaving gaps at the tops.
3) kitchen backsplash. I get it’s not necessary but the kitchen is unfinished and looks unfinished because of it.
4) changing out old hollow interior doors for solid wood doors. Mostly for us but we’ve done this with a few and the noise reduction is just so noticeable we thought it would be a welcome feature compared to the super thin 80s doors we have.
5) Entry way accent wall. The prior owners grilled on the front porch and burnt the siding. Instead of a full house replacement of siding we were planning on an accent wall for the entry way to address the section of burnt siding.
There are a few small items we wanted to address but these felt fairly important in our opinion but they are suggesting we not put a penny more into the home. Any thoughts would be greatly appreciated!
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source https://www.reddit.com/r/RealEstate/comments/1u8t8mf/met_with_a_realtor_do_you_agree_with_his_advice/
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