Should we fix up our Boston condo or sell it as is? This can be a challenging question to answer and it depends on several factors. First you need to consider the potential buyer of your Boston condo and how they view the repairs needed. Then you need to evaluate the local real estate market and your budget and time frame. Factor all this in and decide what is best for your situation. We suggest making repairs in most cases and individual consideration needs to be given to making upgrades or renovations.

REPAIRS

Although major updates to the flooring, painting, kitchens and baths will certainly look nice. A major renovation will be difficult to see an immediate return on your investment. Unless you are a professional, you may want to steer clear of major renovations when considering a Boston condo sale. Back to the question at hand and the circumstances that will affect your decision to make repairs / renovations. First you need to consider your budget. If you have the money available to complete major repairs. If you do not have the money to repair, remember if you need to sell quickly be realistic about your sale price. A buyer would expect a discount for repairing the home.

COSTS

Here is a list of a few very inexpensive repairs to make for a quick home sale :

Patch / Putty all holes in drywall Touch up paint in worn areas. Clean out the basement and storage spaces Brighten it up – clean the windows and make sure all lights are working Keep the kitchen and bathrooms clean when showing The next factor to consider is your local real estate market. Are prices rising quickly? Don’t pay attention to the national headlines as this may or may not be true of your neighborhood. Consult with a local professional to get an opinion on the market and your home. If prices are rising and home are selling quickly, there is less incentive for a home seller to repair the property as you might expect a quick sale. If the market is slowing down and houses are sitting on the market, there is more incentive for you to fix your home up; you have time to do it and you need your Boston condo to stand out to sell.

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Author Profile

John Ford
John Ford
EXPERIENCE

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs



In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.



HISTORY

For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.

AREAS COVERED

Back Bay

Beacon Hill

Charles River Park

Downtown/Midtown

North End

South End

Seaport District

South Boston

Waterfront

Brookline

Surrounding Communities of Boston
Contact
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.




John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114

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