How much should I spend?

I had someone ask me what they should spend preparing their home for sale. Like many, they don’t want to spend a lot of money on a property they are going to sell in the near future. So, how much should you spend? There is no one, single answer  as it all depends on how well have you kept up with the general maintenance of your property? Have you made any updates? Could your home compete favorably with every other house in the same price-range, size and area?
If you have been a little lax in your general up keep and maintenance you are going to need to spend more money getting your property ready for market.

Poorly maintained homes are harder to sell

Poorly maintained homes are harder to sell

If your bathroom decor is straight out of the 80’s you’re going to need an up-date.

Popular decor from the 80's

Popular decor from the 80’s

Or,if your kitchen cabinets are falling apart, you’re going to need to at least repair them.

Today's buyer will not be impressed with this kitchen.

Today’s buyer will not be impressed with this kitchen.

dated kitchen Or, you might just need to modernize the hardware or refinish the cabinets.

How much should you spend preparing your house for the market?

If your goal is to sell quickly and for the most money possible, you’re going to have to spend money to bring your home up to today’s standards. Home buyers know what they want; move-in-ready, no work required.

If your goal is to have your property languish on the market for months, eventually selling after one, or more, price reductions then you don’t need to spend much at all.

As you can see, there is no one answer to “how much should I spend”, if you’re concerned about spending your money on the wrong things, contact a professional stager. A staging consultation will detail what you need to do and help prioritize the work so that it fits within your timeline and budget.

Leave a Reply