When selling your home, it never hurts to have a relatively new kitchen or updated baths to entice buyers. Renovations to these interior spaces have often been wise investments for sellers, but the current market conditions make the dilemma of whether or not to renovate a little more complicated, as Broker Tim Bray explains:

“Historically, updated kitchens and bathrooms have always made homes more appealing to prospective buyers, especially in comparison to listings that show their age. In more competitive markets, investing in kitchen and bath renovations prior to listing a home for sale is often money well spent. However, with today’s low inventory levels and elevated building supply costs, renovations prior to listing may not be necessary. Prospective sellers should consider their own goals, including costs, the price point at which your home will sell, and timing.”

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Tim Bray, Broker

Seaport Real Estate Services (Mystic)

Office: (860) 245-9200

Mobile: (860) 912-7137

tbray@seaportre.com