Buyers are becoming more discriminating in their
choices. Just like consumers of cars who demand more and more features and lower prices, buyers of homes want better quality, more updates and lower prices. The homes that really suffer in terms of price are the ones that buyers perceive needing updates. Perception is reality. Those market increases we have seen over the past 12-14 years don't get automatically added onto the price of your home if you haven't invested money back into it.
Your property could be 12 to 14 years more out-of-date if you haven't re-invested. We are finding that the old adage ‘location, location, location’, is less and less true when it comes to our 30-something buyers. Ease, convenience, newness and home size are the mantra of today’s younger buyers. In terms of re-sale homes, updated kitchens, bathrooms and a fresh coat of paint will give you the biggest bang for your buck. Before making home improvements, it pays to call us first.
