February 2023

When renovating a house, it’s important to slightly mirror the styles that other homes have throughout the neighborhood. In expensive real estate markets, it is common to see extremely high-end, luxurious homes with custom renovations throughout the property. Sometimes, maintaining a home in an expensive market can feel like keeping up with the Joneses. There is pressure to have perfect feng shui at all times. Additionally, if your home doesn’t keep up with the high-end style of your neighbors, you may have trouble selling your house in the future, because it will be overshadowed by the others.

To alleviate the pressure, here are 3 renovation ideas that you can implement today when owning a house in an expensive real estate market.

New Fireplace

A fireplace acts as the heart of certain living rooms. If the fireplace is outdated, it can quickly decrease the appeal to a room. To keep up with the luxurious neighborhood that your property sits in, consider adding a new fireplace. In expensive real estate markets, such as Southern California, most high-end homes have fireplaces even though it doesn’t get cold there. A nice fireplace adds value to a home and makes it easier to sell in the future.

You can travel as far south as Chula Vista, CA and still find stunning fireplaces in homes. Even if the fireplaces aren’t used by the residents, almost every home will have one. Certain larger homes will have multiple fireplaces! By adding a new fire, you can sell your house faster than you’d expect. You can view these helpful tips on how to sell a house fast in Chula Vista, CA. Creative renovation ideas, like adding a fireplace, help homes sell quicker than ones that are missing one.

Window Wall

Across many expensive real estate markets, you’ll find large houses in the hills with killer views. What better way to enjoy the magnificent view than through huge windows? Windows aren’t a cheap renovation but will add value to your property if there’s a great view that comes with it. Consider adding windows that will act as the entire wall for part of the house.

Does your home have a view of the ocean or the mountains? Take advantage of that by adding wall-sized windows to a room that you spend time in. This will allow you to enjoy your property and generate a higher sale price whenever you plan to sell. You can use this tool to determine how much your house is worth after doing certain renovations. Again, remember that you must try to (slightly) mirror what other homeowners are doing in the area before committing to certain renovation ideas.

Front Door

While it’s still possible to sell a house without making repairs in an expensive market, they surely make it easier. For those that want to add a luxurious flair to their home without spending money on expensive window walls, consider adding a custom front door. There are various types of materials, colors, shapes, and sizes that you can choose from when adding a new front door to your home. This is one of the first things that people see when looking at your home from the outside.

If your property is situated in an expensive real estate market, it’s worth investing in a high-quality front door. A front door provides the first impression to potential buyers when they walk into your house. For homeowners that want an easy home sale in the future, adding a new front door will help. When adding a new front door as your next home renovation, make sure that it matches the style of the rest of your property.

If you’re considering selling your house as-is but are worried that it won’t meet the standard of other homes on the market, don’t be. While it’s a fair concern, you don’t need to break the bank or waste precious time crafting a move-in-ready property to sell. Sometimes, selling your house as it is right now is the best decision. There are cash buyers and investors that typically don’t require repairs to be completed before closing. You can learn more about how to sell a house for cash here. Cash buyers typically make the real estate process simpler, which will save you both time and money when you begin the selling process.

Below, you’ll find three wholly indisputable reasons you should sell your home as-is.

Advantages of a Cash Offer

Many home sellers prefer to work with cash buyers because the transaction is unlikely to fall apart. They have the money required to purchase your house outright without needing to find financing, limiting the likelihood of anything going wrong. If investors are interested in your property and are offering a price you’re happy with, selling your house as-is can be as near to perfect as possible. Granted, the overall sale price may be lower than if you were to complete repairs, but you’ll save yourself the hassle and be able to move on to the next chapter of your life.

After all, selling homes can be emotional. Relieving yourself from that burden with a cash buyer can be one of the best things you’ll do for your mental health. We Buy Houses in Denver, a professional homebuyer, stated “We oftentimes have sellers reach out to us because they’re having trouble selling their properties on the market. Typically, we can come up with some kind of offer that makes sense for their timeline.” Readers can view the homebuying strategy that We Buy Houses in Denver uses here https://webuyhousesindenver.org/. Selling your house to a credible homebuyer in your town can remove tons of stress from the transaction.

Save Time and Money

Whether you’re moving across the country, need a quick influx of money, or simply want to spend as little time on the market as possible, an as-is sale is a great option. You can’t beat its speed. Renovations require time and patience — two things you won’t have if you’re eager to get moving. Selling your house as-is ensures you can put it on the market almost instantly. Another challenge of conducting repairs is the nasty surprises they can uncover. Often, there will be more damage than you previously knew. For example, what starts off as just replacing a sink can turn into severe water damage.

Shocks like that won’t just set your moving date back; it’ll cost you exorbitant amounts of money.

Meaningful repairs aren’t cheap, and the last thing you want to do is break the bank fixing a property you won’t get to enjoy in the first place. Furthermore, you want to make a return on your investment. Is there more value in knocking some dollars off the asking price or replacing the roof? Chances are it’s the former.

You Don’t Have a Mortgage On The Property

If you’ve inherited your house or have repaid your mortgage and no longer wish to own it, selling it as-is can be a great way to obtain a cash windfall. Or you can search for “house flippers near me” to see who can help you make some changes! You’ll likely make a nice profit without upgrading appliances, fixing loose tiles, or doing other renovations, especially if the property values in your area have shot up since you purchased.