Does remodeling increase property value?

Yes, especially with kitchen, bathroom, and energy-efficient upgrades. These areas provide the highest return on investment.

Is it cheaper to renovate an old house or buy a new one?

Renovating can be cost-effective if the structure is sound, but extensive updates may rival the cost of buying new. It depends on your goals and the home’s condition.

How much does it cost to renovate a house on Long Island?

Renovation costs range from $150-$250 per square foot, with luxury renovations exceeding $700. Costs are higher than the national average due to Long Island's elevated living expenses.

What is the 30 rule in home renovation?

The 30% rule advises spending no more than 30% of your home's market value on renovations. This ensures upgrades are proportionate to the property’s worth.

How much should staging a home cost?

Staging costs typically range from $2,000 to $5,000, with luxury homes costing more. It’s a worthwhile investment for faster and higher-priced sales.

How should I stage my house to sell?

Declutter, depersonalize, and use neutral decor to appeal to buyers. Highlight natural light and arrange furniture to showcase the space.

Is staging an empty house worth it?

Yes, staged homes sell faster and often for higher prices. It helps buyers visualize the space’s potential.

What is the hardest month to sell a house?

January is typically the hardest month due to fewer buyers and cold weather. The market typically picks up in spring.

What is the quickest way to sell my home?

Price it competitively, stage it well, and market it online. Professional photos and virtual tours attract more buyers.

Is it wise to sell your house without a realtor?

It saves commission fees but requires effort in marketing and legalities. Realtors simplify the process and often secure better deals.