Find a Real Estate Agent Who Knows Your Hood

renovating-for-dollars

When your real estate agent comes to your home to perform the CMA, look at the meeting as an opportunity to explore the questions you have.  Share what you’re trying to get out of your renovation plans and ask him or her what they think. Be sure to ask your agent to, what value they think your renovation will add to your apartment’s value. It may surprise you to learn that while some renovations, like a new bath or kitchen add substantial value, others, like adding or subtracting walls may not and may even lower value of your current residence. Thinking of adding a three hundred bottle wine cave? An alcoholic buyer may see that as the first thing he needs to remove. You get the picture.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s