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Roddrick T. Walker

What’s going on

Over the years I've worked with a handful of people who have lived in their homes for 30-40- even 50 years, but...... I've represented many more sellers who have said:

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"This was our dream home, we were going to retire here"

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 More often than not, life happens. Prior to 2007 the average number of years homebuyers stayed in their homes was about 6 years, today it's about 10 years. For this reason it is imperative to continue to update your home every few years.  Several years ago I put the house I was living in on the market to sell.  I received many offers that I felt were way too low for my 1600 sf home. I received several comments stating that the price was too high for the condition of the home.  I was offended and angry that potential buyers were making comments about the "condition" of my home.  As it turns out, the "condition" they were referring to was the "lack of updates" the house was built in 1974 I bought it in 2010 Potential buyers pointed out that my home still had the original countertops, original sliding doors, original sinks, original  faucets, no air conditioning etc.  Not willing to accept the low offers, I turned the house into to a rental.  My first tenants stayed 4 years. Upon their departure I went to work

on those "conditions" which included; new granite countertops, new backsplash, above counter microwave oven, new sinks, new kitchen flooring, as well as bathroom upgrades, just to name a few.  

 

Although you may intend to stay in your home forever, homeowners should continually upgrade/update their homes every few years.  A sprinkler system here, new doors there, flooring, windows, you get the picture. Continually updating your home will not only make it nicer to live in, but in the event that life happens, the upgrades will increase the value of your home.

Rodd 

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