Renovation, yes or no

Started by renogirl_in_doubt
almost 13 years ago
Posts: 18
Member since: Jul 2008
Discussion about
I am looking to sell my one bedroom Gramercy apartment and got estimates for necessary renovations from 15,000 to 20,000, thinking it would sell better if it was in reasonably good shape. All the renovations would do is paint and plaster, replace a worn kitchen floor and fix this or that all around, really just cosmetic fixes. Is it really true that this would add to the sale price? If I save myself the hassle and take off the corresponding amount from the sales price, or maybe even more, because i don't have to deal with the mess), would people still be interested? In other words, do people not want the "fixer upper" anymore? P.s. otherwise the building is top notch and gets one of the highest square footage prices in Gramercy. Thanks for any input.

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