article thumbnail

To Renovate or Not To Renovate Before You Sell

Keeping Current Matters

However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. There aren’t enough homes for sale right now. A normal market has a 6-month supply of houses for sale, but today’s housing inventory sits far below that benchmark.

article thumbnail

The Best Use of Time (and Money) When It Comes to Renovations

Keeping Current Matters

They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – renovate before selling. A more balanced market typically sees a 6-month supply of homes for sale. month supply at the current sales pace , modestly up from May’s 2.5-month Not all renovation projects are equal.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Use Virtual Renovation to Renovate a Home

Realty Biz

In recent years, virtual renovation has emerged as a groundbreaking tool that allows homeowners, designers, and contractors to visualize and plan home renovation projects in a virtual space. Benefits of Virtual Renovation Cost-Efficiency : Reduces the risk of costly mistakes. Steps to Virtual Renovation 1.

article thumbnail

From Vision to Sale: Tristan Ahumada’s Virtual Renovation Triumph

Lab Coat Agents

His recent collaboration with BoxBrownie.com in transforming a Hollywood Hills property serves as a testament to the transformative power of virtual renovation and staging in the real estate market. He ensured that potential buyers were aware of the virtual nature of the renovation.

article thumbnail

Pre-sale home renovation firm Revive partners with brokerage NextHome

Real Trends

Presale home renovation company Revive Real Estate partnered with independent real estate franchise NextHome to provide move-in ready homes to clients of more than 5,500 NextHome agents in 610 offices across 48 states, the companies announced on Tuesday. The company claims that listed renovated homes sell faster than those that are not.

article thumbnail

Understand What Upgrades Are Important For Home Sales

Realty Biz

Selling your house demands more than just putting up a "For Sale" sign. If you're thinking about a spring home sale , you'll want to know the valuable upgrades to make. Whether you're tackling DIY projects or hiring professionals, the right improvements can significantly affect your home's sale price and time on the market.

Sales 110
article thumbnail

How to Handle Renovation Properties

The Residential Specialist

Our experts share how to handle renovation properties to get the best results. Every home on the market is not going to be a picture-perfect, immediate sale. Some homes require extensive updates prior to selling, while others must be marketed as purely renovation projects or complete tear-down opportunities. By Jenna Grundtner.