There is an age old debate when deciding to list your home. If you put the money into renovating that pink-tile bathroom from the ’60’s that you find so charming (but might make another buyer run for the hills), will you get your money back in the bottom line sale price? Some people believe that a buyer would rather spend money to do a renovation to their own taste, and could be put off by a new kitchen that wouldn’t make sense to re-update.
It seems that luxury buildings around the country are taking the concept of “sprucing up” to the extreme. Check out this Wall Street Journal video that highlights a new phenomenon – sellers renovating newly remodeled spaces to keep current with new construction and attract buyers willing to pay a premium. What do you think?