Fifty two percent of people selling their house in 2016 renovated, spending about $36,300 on average. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and that means that, on top of all the other costs of selling a home, homeowners sink almost four grand into renovations that they won’t even get to enjoy. We know you’re hoping that the money you spend renovating your home will turn around and get a higher sale price but the higher sale price probably won’t recoup what you spent. If you’re spending thousands of dollars just to attract a buyer and you’re not going to get back the money, you shouldn’t spend it in the first place. Refinish your hardwood floors and you’ll get back all of the money you spent–but you won’t make anything. This renovation is a toss-up. If your hardwood floors are extremely damaged, refinishing could make a big impact on the space and keep buyers from negotiating the price down. Check out below to see what sold in Arcadia Ridge in October 2021:
16787 Yellowstone Drive, Northville: 4 bedrooms, 3.1 bathrooms, 2 car garage, Sold Price: $609,000
Arcadia Ridge Home Sold
October 2021
Similarly, if you have hardwood hiding under old carpets, removing the carpet and refinishing the floors could be a big draw for buyers, especially in a neighborhood where hardwood is the norm. According to the National Association of Realtors, the average price to refresh hardwood floors is $2,500. For more information on Arcadia Ridge, or similar Northville or Novi neighborhoods such as Walden Woods, Windridge Place and Brookstone Village, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.