Should I renovate my mom’s dated home before selling?
Dear David: My family is about to list my mother’s house. It is 50 years old and in good shape, but very dated – avocado
David Schooley, Broker
RE/MAX Twin City Realty Inc. Brokerage
Call/text +1 (519) 577-1212 | david@goinghome.ca
Dear David: My family is about to list my mother’s house. It is 50 years old and in good shape, but very dated – avocado
Dear David: My family is about to list my mother’s house. It is 50 years old and in good shape, but very dated – avocado
From a valuation perspective, your listing price needs to target the range between what the property is earning today and its full earning potential.
A listing that feels overpriced may see fewer offers and represent the “less competitive” buying opportunity you’ve been waiting for.
With a growing family and a solid investment portfolio, a move to a home you expect to live in until your kids leave the nest would be well within your means.
If offers are being held on a property, a buyer may try to side-step a potential bidding war by submitting a bully offer.