Fix Up or Sell As Is

Question: Should I Fix Up My Home or Try to Sell As Is?

A reader asks: I've spent a lot of time and money doing exterior remodeling of my home, plus a sizeable remodel of the master bath. However, the rest of my 22-year-old home needs attention inside. The bath upstairs has dry rot and is dated. The kitchen, likewise, is dated. We have fairly new appliances, but the counters and cabinets probably need replacing. Should I fix up my home or try to sell it as is?

Answer: This is one of those questions where the answer depends on variables such as condition of competing inventory, whether it's a hot, cold or neutral real estate market and the likelihood of return on investment.

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