Author Topic: should we remodel and sell?  (Read 1107 times)

pinkytoe

  • 5 O'Clock Shadow
  • *
  • Posts: 3
should we remodel and sell?
« on: February 25, 2014, 02:08:00 PM »
We are two years away from retirement and our goal is to move to a smaller community and pay cash for a simple, Mustachian house where we can enjoy our retirement.  The 1600 sf house we have lived in for 15 years currently has $80K left on the mortgage and is valued at $380K. It is in a super HOT neighborhood where larger remodeled homes are selling for $600K and up. I have been thinking we could put about $100K into it by updating kitchen, refinishing wood floors, adding master suite and general cosmetic update and possibly come out much better than if we just sell as is. Thoughts?

Milspecstache

  • Pencil Stache
  • ****
  • Posts: 530
Re: should we remodel and sell?
« Reply #1 on: February 28, 2014, 07:20:31 PM »
I recommend talking to a real estate agent.  Find a good one and have them visit you.  Should be able to do that without signing any paperwork.  Even better, interview a few.  A good real estate agent should be able to guide you to get the best deal.