Renovations/Remodeling
Let's talk about renovations/remodels as it relates to a home's value. Too often homeowners leave value on the table when it's time to sell their homes for a variety of reasons; however, one that is often cited is that the home needed updating - You see home buyers and sellers often have different perspectives when it comes to updates to a home on the market. Sellers may underestimate the importance and cost of updates, while buyers may overestimate the costs associated with updating . This can ultimately affect the price and time on the market, as buyers may be willing to pay more for a home that has been updated, while homes that have not been updated may take longer to sell or sell for a reduced price. At the end of the day buyers are willing to pay more for an updated home versus one that needs updates. Where do we fit in you ask?
We can unlock your homes potential!
We work with home sellers who's home may be in a great location but needs updating to maximize the value of the home. Most of us have heard that real estate is all about location, location, location. Don't let the wrinkles in your home dictate the outcome of the value of your home. We have the resources and vision to help maximize the value of your home.
Our Process
Market Analysis
Our team will research the local real estate market to understand what buyers are looking for. Identify trends in home features, styles and price points. This will help prioritize renovations that will yield the highest return on investment.
Property Assessment
Our team will perform a thorough inspection of the home to identify areas that may need improvement. We will focus on both cosmetic updates and potential structural repairs. If you have had a home inspection that would streamline this process.
Renovation Plan
Our team will develop a detailed plan outlining the renovations. We'll prioritize projects that will provide the best return on investment such as: Kitchen updates - Modernize appliances, countertops, fixtures and cabinetry, etc.. Bathroom Renovations - Update fixtures, tiles, cabinetry, countertops, etc.. Curb Appeal - Enhance landscaping, paint the front door and improve exterior finishes. Flooring - Replace or refinish old flooring with modern options. Energy efficiency - New windows, insulation, HVAC systems. New roof, etc.
Budget
We will provide a detailed budget to help determine the best return on investment which will include materials, labor, permits and a potential contingency for unforeseen expenses.
Hire Professionals
Since we have a general contractor partner we will handle all the details associated with hiring the right team of professionals to complete the renovations.
Permitting
We will work with local authorities to determine which renovations require permits to ensure we comply with all regulations to avoid any legal issues later on. We'll handle obtaining the permits and any associated fees.
Project Management
We will oversee the renovation process, manage the timeline and ensure work is completed on schedule and within budget. We'll maintain communication with the team and address any issues that may arise.
Staging
We can provide professional staging to showcase the home's best features. This can help buyers visualize themselves in the space and make it more appealing.
Realtor
Finally we'll work with your Realtor or our partner Realtor who will set a competitive listing price based on the renovations and the current market conditions to attract more buyers and potentially lead to multiple offers.