Something weird is going on with sellers in the Northern Virginia Real Estate market right now. We’re starting to see people do major renovations and updates with no evidence of getting that money back when they sell.
Here’s the problem,
Homes are already selling at historic highs. Mostly in the sub 800s and the prices that some homeowners are getting for their properties right now are unheard of.
Do your bank account a favor, once you decide to sell your home, reach out to an agent about the condition of comparable homes in your market. You don’t have to sign a contract with the agent to start this conversation. We do these types of consultation sessions all the time.
Our main focus is ensuring that you make the most amount of money with the least amount of hassle. If you do a major renovation while living in the property, you could decrease the amount of money you make plus increase the amount of hassle you endure during the home selling process.
I know it’s tough to watch the real estate market run-up and to resist the urge of thinking that I can put anything into my and get everything back. That’s not the case.
If you have any questions about the home selling process, send me a text message to 703-539-2053 or send me an email to [email protected].
Take care.
Good luck.
Onward,
AW
