Thursday, March 26, 2020
What does the future of the real estate market look like....
Even if the market slows down right now, now might be a very good time to get a few projects done. Do you have a powder room with 30 year old wall paper you don't care for? Maybe it's time to do a relatively easy project and put an up to date coat or two of paint on it? Do you have a front door knob that you've got to do the 30 second key jiggle to open? Door knobs aren't all that expensive and are easily replaceable. (Quick door knob rant - You may be used to jiggling the key for a bit, but few things say "lack of maintenance" on a house for sale to a potential buyer as fast as having to fight just to get in and look at the place. It can raise questioning thoughts about whether there are more issues likely to appear. Sure it's an easy fix, but many buyers are put off by potential projects, it potentially limits your buying pool a bit). The possibility for projects on an older house can be overwhelming, start with anything "broken" first then think about whether you want to take on cosmetic stuff.
My wife and I did a bunch of projects on our last house in the months prior to going to market, after each one we wished we would have done it years earlier so we could enjoy it. Even if you aren't thinking of selling, now may be the time to do things you've been putting off so you can enjoy it for years to come.