When buying a home, you generally want to find a place that’s been well taken care of; a home that’s been sufficiently updated and properly maintained. Ideally, the home you land on has recently been renovated, allowing you to enjoy a space that’s just like new.
Crucially, though, not all home renovations are created equal. While some renovations are done thoughtfully and carefully, others are haphazard. House flippers, in particular, may sometimes cut some corners, trying to rush the property to market as quickly as possible.
As a buyer, you need to know whether a recently renovated property was done meticulously, or in great haste. The question is how.
Appraisal and Inspection
First and foremost, I’ll vouch for the importance of home inspections and appraisals, both of which can give you an accurate sense of the home’s true value and condition, as determined by trained professionals.
Often, a home inspector will be able to identify the signs of sloppy work, including details an untrained eye might miss. And an appraiser can tell you if the asking price of the home has been inflated, perhaps due to a splashy renovation that’s not as rock-solid as it should be.
Something else I’d recommend is touring a place at least two or three times before signing on the dotted line, particularly if you have concerns about a recent renovation.
The reason for this is simple: The more times you view a home, the more likely it is that you’ll really get a good feel for its quality. The first time you see a new house, you’re likely to experience some sensory overload. You may be so overwhelmed by the space that you don’t notice some of the little things.
And yet, the little things tell the story of a home renovation. In particular, you’ll want to look carefully at things like tile, cabinetry, and countertops. Some renovators might buy these materials in bulk, or else look for the cheapest materials possible, and you’ll be able to tell if they are ill-fitting or visibly damaged in some way.
Advice for Sellers
And what if you’re on the other side of the equation, looking to renovate your home in order to sell? It’s important that you provide potential buyers with evidence of a job well done.
To that end, it’s generally best to focus on some simple cosmetic improvements, such as installing new appliances or adding a fresh coat of paint. Such fixes can significantly improve your home’s visual appeal, and signal to buyers that you’ve invested in the upkeep of the home. And yet, it’s unlikely that these fixes will give buyers any reason to question the quality or workmanship of your home.
Additionally, there’s much to be said for simply keeping your house clean, from the floors to the windows. When buyers see that your space is spotlessly clean, that goes a long way toward assuring them that you’ve been a responsible homeowner, always doing your best to care for the house properly.
Contact a Charlotte Real Estate Agent
The bottom line: It’s important for buyers and sellers alike to approach home renovations thoughtfully and with a critical eye.
If you have any questions or are ready to start exploring some homes in the Charlotte, NC area, I welcome you to contact me. Reach out to Ryan Minges Real Estate at your next opportunity.