Depending on location, list price and current demand these answers vary. Consult a Realtor to help you make the right financial decision, this is what we do. On the East side of Portland if you’re selling a home you are going to love this answer, you really don’t need to do much! You could have shag carpet famous in the 70’s or the orange counter tops from the 80’s and you wouldn’t need to replace them. Do you have a Disco room with the mirrored Disco ball and egg carton insulation on the walls? No problem, leave it. I saw a home that had a Kelvinator refrigerator, they stopped making them in 1945 and that home still sold in 3 days. The truth is until our inventory increases sellers can just do the basics and still get top dollar. In today’s market consider focusing on the low dollar upgrades. Here are a few ideas for you. Get your yard green and add bark, if you’re siding is dirty clean it and clean the roof of all debris. Inside just remove the clutter and clean everything like your Mother in- Law is coming over. Every home is different so just do the math yourself and see if it works. When you consider the skyrocketing costs of remodeling it may not make financial sense since you’re going to get top dollar either way. Why is this statement true? Because buyers are so desperate they are settling for whatever they can get into. Besides your wife is going to make you remodel your new home, so do you really want to go through a remodel twice in the same year? I also think I should tell you I list about 3 homes every year due to a remodel leading to a divorce, true story I just don’t make this stuff up.
