An updated house will almost always sell faster than an identical model that has ground down carpeting and is in need of painting. Even if buyers would have chosen a different countertop or flooring themselves, they can usually live with the previous owner's clean, new selections until they get around to remodeling. I'd be reluctant to buy a house that I have to immediately remodel/update. It's stressful to manage on top of moving, especially if it's a new area.
The odds are that if you spend $3K in upgrades, you probably won't get $3K more on the sale price -- BUT you will sell a lot faster.
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