Page 28 - Cathy's Real Estate Guide

Property Redesign
Renovate Your Home & Reap the Rewards
Redesign is a popular real estate strategy for sellers that involves renovating a property for a high Return on Investment (ROI). But is updating your property right for you? It can make it easier to sell by increasing the number of potential buyers due to your home’s market appeal, but there are other factors to consider too. Take a look at the list below:
PROS
✓ Increased Market Value! Increases the value of the property
✓ More Buyers will look at an updated home opposed to an outdated one that needs touch-ups or repairs
✓ It’s Exciting designing the renovations
✓ Return on Investment (ROI) exceeds the costs, making it a great way to make money
✓ It’s a Good Idea to repair your home before selling. The National Association of Realtors (NAR) reports that 23
CONS
✘ Takes Time to do a renovation
✘ Upfront Costs. You need equity or cash to
pay for renovations
✘ Messy. Property is a mess during the renovation
✘ Craftsmanship. If you don’t have good connections for the workers who do the work, you could end up with a big mess
percent of home sales fall through due to inspection issues or environmental issues
“One of my favorite things to do is visualize, design, plan, and coordinate redesign and home renovation. Getting houses from hum- drum to picture perfect is one of my greatest passions in the world of Real Estate.”
- Cathy Chapman
CATHY’S EXPERTISE
• Certified Professional Stager & Re-Designer making her your strongest partner since she doesn’t charge you for her expertise as her Seller client
• Experience working on rehabs with her clients (check testimonials)
• Stats on Rehabs average less than 10 days to contract
• Construction Background makes the Rehabbing process
simple and cost effective
26 Redesign