Upgrade or Sell?

There is hardly a more perplexing question for a homeowner than this: Is my home worth improving or should I clean it, stage it and sell it? We don’t claim to have the magic solution but there a few common sense approaches that will aid your decision making process. First—what is still owed on your mortgage? If you are in the enviable position of owning your home free and clear, you’re at leisure to move one of the two questions listed below. If you are still paying on your loan however, start with getting one or two bids on the improvements/updates/repairs on your property. We can help you compare that list against those projects that are most likely to recoup the expense. Weigh this against what is still owed on your home and “add in” the expenses to your monthly mortgage. Can you afford the outcome?

Secondly—how is the market in your area? The greater Boise area is generally considered a seller’s market at the present time. But things can change quickly and market conditions vary from town to town. Let Boise’s Best prepare a free comparative market analysis to determine what your home is probably worth in today’s market. Chances are good that your return is high. If that’s the case, you’re unlikely to recoup thousands of dollars in updates and improvements and should stick to repairs and touch-ups. We can help there too.

Third—how attached are you to your home? This is a question only you can answer. Selling a home, moving everything that belongs to you, uprooting—these are choices not to be taken lightly. Weigh your attachment to your home, your comfort level with its pros and cons (including age, condition and location) against what else is available in the area you’re looking for. We believe in win-win situations only. You will never get a pressured sales pitch from our team.

If you’re reading this and you realize: I love my home! Then remodeling or updating is the way to go. We have a listed of trusted partners we use for many projects that we can recommend. Start by reading Remodeling Magazine’s Cost versus Value report to aid you in where to spend your precious dollars.

Request a consultation today.

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