When thinking of selling your home, flooring updates need to be considered, because wear and tear has taken a toll on the property to some degree.
Also, the styles have changed over the years. What was in style 5 years ago, isn’t neccesarily in style now. Buyers are always looking for the latest thing in design and interior updates.
If your flooring is over 5 -7 years old, has wear and tear or damages it will need to be replaced.
You can consider doing more of the same of what you currently have, but taking in to account the current flooring trends is a better route.
Return on Investment
Home Gain has an ROI chart where all updates are listed and flooring gets a 110% return on investment with 93% of Agents recommending doing it. So it is a benefit!
I agree with this, because I see the value of it everyday when clients can sell their homes faster than the competitors and the steady feedback from buyers is that they loved the new flooring.
If you feel it’s too daunting your other option is to reduce your price or offer a buyer allowance for flooring, but it isn’t recommended. Why give away your equity?
I offer project planning and contractor management, painting, fixtures updates, facelift renovations, and Staging for my listings. We can have a 15 min strategy call to discuss how this works if you and I work together. I also offer a flat fee commision rate at One Percent Realty for all the same Services as other companies. Let's chat!
Jill Turgeon
Stage and Sell Real Estate & Save Money
One Percent Realty 780-218-7444