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Originally Posted by vintageogauge
We are in the process of making this same decision on our home up north to sell this coming spring. We have found that in our neighborhood (20 years old) most buyers are younger executives and as we have watched our neighbors homes being sold, with the exception of one, they completely remodeled these homes before moving in. There was one that was totally re-done before listing and it went for the lowest price of all of the recently sold units. We don't know what to do, all of our woodwork is natural stained and today everyone seems to want white woodwork which I don't agree with as you can never bring it back. Since we already have granite and mostly hardwood floors in the living area I think we are just going to go the touch up and heavy cleaning route, price it a little below competition and see what happens.
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I love this whole subject. (no accounting for people's interests) I think an empty, perfectly clean home with updated light fixtures and neutral* wall colors is better than a home with outdated furniture. (GRAY* is very popular right now)
Pricing it competitively is key. Our agent said that your best chance is in the first ten days it is on the market. Ours had three offers that drove the price up.
Disclaimer. I don't sell real estate and never have. Sold our own home without agents a couple of times.