Remodeling your home
I've got remodeling on my mind today. We have a listing that we are having trouble selling that needs updating, and there was an article in the Ahwatukee Foothills News recently about remodeling your home.
As Realtors, what we are seeing in Ahwatukee is that buyers are looking for homes that have been upgraded. A lot of the homes in Ahwatukee are 15-20 years old and are beginning to look a little tired. Those home owners that make the effort to spruce up their home before they list it, seem to be getting more attention from buyers. Actually, what we are seeing is that if a home does not have granite in the kitchen, stainless appliances and upgraded fixtures, buyers consider it in need of work.
We have a home listed that has been on the market for about 6 months. It is in a great area, has a good floor plan, a wonderful yard that is on a greenbelt and is priced competitively. Because of all these we are getting a lot of traffic, but that traffic is not translating into offers. Buyers get into the home and decide it needs too much work. Don't get me wrong, it's not in bad shape, it's just a little outdated and could use new flooring, countertops and appliances. Buyers decide that there are enough homes on the market today that they can find just as nice a home, for a reasonable price, that has already been updated. A majority of the buyers we are seeing want a turn key home.
The article in the Ahwatukee Foothills News recently talked about a homeowner who was updating his home and got fleeced by a contractor, and it went on to talk about making sure that if you hire someone to work on your home that they are a solid, licensed contractor.
So, here's where I'm going with this. In Ahwatukee:
As Realtors, what we are seeing in Ahwatukee is that buyers are looking for homes that have been upgraded. A lot of the homes in Ahwatukee are 15-20 years old and are beginning to look a little tired. Those home owners that make the effort to spruce up their home before they list it, seem to be getting more attention from buyers. Actually, what we are seeing is that if a home does not have granite in the kitchen, stainless appliances and upgraded fixtures, buyers consider it in need of work.
We have a home listed that has been on the market for about 6 months. It is in a great area, has a good floor plan, a wonderful yard that is on a greenbelt and is priced competitively. Because of all these we are getting a lot of traffic, but that traffic is not translating into offers. Buyers get into the home and decide it needs too much work. Don't get me wrong, it's not in bad shape, it's just a little outdated and could use new flooring, countertops and appliances. Buyers decide that there are enough homes on the market today that they can find just as nice a home, for a reasonable price, that has already been updated. A majority of the buyers we are seeing want a turn key home.
The article in the Ahwatukee Foothills News recently talked about a homeowner who was updating his home and got fleeced by a contractor, and it went on to talk about making sure that if you hire someone to work on your home that they are a solid, licensed contractor.
So, here's where I'm going with this. In Ahwatukee:
- Buyers are looking for upgrades when they go into a home, and they are remembering the homes that have upgrades.
- Curb appeal, staging and upgrades are selling homes.
- As the homes in Ahwatukee approach their 15th -20th year, they are in definite need of sprucing up
- Be careful when selecting a contractor to work on your home. Be sure they are licensed through the Registrar of Contractors and their license is in good standing
- Prepare to be patient with the work. It ALWAYS takes longer than you expect and costs more than you expect!
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