When it’s time to list your condo for sale, it can be tempting to have it staged rather than undertaking a renovation. However, you could be much better off if you renovate before you sell. Key rooms in your condo could be showing wear and tear, and your home may benefit from the addition of current features and finishes. A bonus is the low-cost and high return on investment of renovating a condo in comparison to a house. These are just a few of the reasons why it’s better to renovate than stage a condo before listing; read on for more.
Wear And Tear
Because condos are smaller spaces, wear and tear in your kitchen and bathroom is more apparent and can’t be hidden with staging. That’s why it’s better to renovate, to freshen up these rooms with brand new materials and fixtures. You can also take advantage of the renovation to choose the latest styles and colours to decorate with. As long as you keep to a neutral palette and think about what would appeal to the most buyers, this is an update that is definitely worth the investment.
Affordability
Renovating a condo is much more affordable than renovating an entire home, so you don’t have to worry about spending a huge sum. Even a small reno can give you a much better resale price. It’s a great way to increase the market value of your home, especially if you plan on selling within the next three years. You’re very likely to make that initial investment back—and more.
A Modern Update
Renovating offers buyers the latest features and finishes, and helps your space stand out because it feels up-to-date. No matter what the age of your condo, you can make it feel much more modern and contemporary with the addition of new flooring, tiles, cabinets, countertops, lighting, and paint, even if you just focus on one or two rooms. You don’t have to spend a lot to have it look great, and potential buyers will appreciate that the work has already been done for them and that your condo is move-in ready.
Professional Help Is Available
RENU can help with your condo reno! They’re the experts in refreshing resale condos and have several different options available to choose from. They offer a basic, standard, or full reno package, based on the unique renovation requirements of your condo. Services include talented design consultants who can tie the whole look together, plus a full warranty that guarantees their work. They also work quickly and efficiently, so you won’t have a long wait to see results.
These are just some of the benefits to renovating rather than staging your condo before you list it for sale. Thanks for reading and don’t forget to follow along with the RENU blog for more great tips on updating your living space.