Right, now this is a partial excerpt from an answer I gave to an RFD user who pm'd me awhile ago. It is one of many answered similarly and how this Realtor conducts business.clax66 wrote: ↑I was selling a condo at Harbourfront (33 Harbour Square). Bathroom was a bit dated but still crisp and clean. Was priced accordingly but before it was even listed Realtor was saying i should update bathroom with new tiles and toilet (2 - 3 K maybe?) to get my price. I said no unless he wanted to chip in half since all he was doing was putting the condo on the MLS and making as much as i was. He grimaced. Sold over asking without upgrades. Thanks for all your experience Mr. Realtor. Where was his value added? Nowhere. Back then I didn't know better.
"- it is not worth it to spend X number of dollars on a full renovation of a kitchen or bath if at best that is all that will be recovered on sale and in the rare instance as noted above, and only worth it if the rest of the home is such that anything short of a full renovation will lessen its appeal or the competition in the area is completely modernized.
- homeowners can very often actually accomplish three things by making smaller, less expensive changes: 1) make the home more visually appealing to the extent that the buyers know they would need to update the kitchen or bath but that it is currently functional, liveable and acceptable; 2) targeted updating costs much less which usually can mean the difference in sales price of '000s and 3) return a profit on such an investment."
We are not all cut from the same cloth. Hire wisely!