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We're going to put our 4 BR 2.5 bath colonial on market in 1 year in FAirfield CT which is still a pretty hot market. Should we remodel 1969 bath? it's really outdated. would cost around 8,000. The house would go on market for around 749,000. Any help with this very welcome.
We're going to put our 4 BR 2.5 bath colonial on market in 1 year in FAirfield CT which is still a pretty hot market. Should we remodel 1969 bath? it's really outdated. would cost around 8,000. The house would go on market for around 749,000. Any help with this very welcome.
If I am going to purchase a $750,000 home I would expect to see alot of bells and whistles...not a 1969 bathroom yes you should do it
We just bought a 4 BR 2.5 bath colonial in Fairfield County, and I will tell you that there were so many houses with updated baths, that the ones without quickly fell to the bottom of the list...
Kitchens and baths sell the house... The big question for me would be really look at the house, like you were going to buy it and honestly ask yourself "would I pay that kind of money for this with the old room(s)"? Especially with your competition in mind.
At a price point like that, you should definitely consider remodeling the bath. Keep in mind that a buyer will overprice what it takes to remodel and/or repair a home so in the buyer's mind that $750K price is really $765K to them because they're going to have to remodel that bathroom (say $15K in their mind vs. 8K). Homes that have updated baths and kitchens will of course appear to be a better value until you get the price down so low, it makes up for what they believe they would spend in remodeling (which as I shared is often more costly in their minds).
Thanks everyone--we're going to remodel and enjoy the new bathroom the year we have left here!
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