Install New Carpet for Re-Sale Appeal?

A Monterey homeowner asked a question    which many sellers wonder about: “Should I replace our dated and worn carpeting  with l new flooring on the home I’m selling?”  The seller has been told “Yes” and “No.  Buyers will want to put in their own color and texture of flooring“.

This is topic which has no perfect answer. I find most buyers really want a “turn-key” home – one where they can simply move into it and live. Those same buyers often say, “we’ll change this, and that…” but, often take a long time getting around to it if they don’t make those changes soon after the close of escrow.

A  few enterprising buyers will, in fact, shop for a ‘fixer upper’.  Some have family and or friends in “the trades” and fully intend to do a complete face lift to the home they buy.  If the rest of the home is dated and in need of repairs  the seller will have spent money on carpeting that will likely be removed.

If the home is in otherwise good condition I would go with the odds and put down a complementary-color carpet. It does make a lot of difference in the ‘feel’ and ‘senses’ of that brief tour the prospective buyer will take of the  home.  We only have one chance for a first impression.  The value of getting the home sold in a timely fashion vs. staying on the market a long time suggests that the cost of carpeting is really a cost of selling.

Regarding the cost – We have a nice relationship with a carpet store where they will allow homeowners to “bill escrow” with no costs or interest for up to a year.  This kind of relationship can make the decision a whole lot easier, right?

The Lack of Pictures vs. the Quality of the Home

A prospective client is moving into our area from out of state and asked a rhetorical question:  “Does the lack of pictures on the web indicate poor quality of those homes?”  Well, yes and no.

No – “REO” and especially the “Short Sale” listing agents are often too busy to take more than one picture (sometimes none at all).  Occasionally, a solo picture of the front of the home is all the agent could squeeze in.  So the home might be fine.

Yes – there just may not be anything photo-worthy.  Since most of the homes on the market currently are Short Sale or REO listings and since many of these financially challenged homes are pretty worn finding a compelling shot may be difficult.

However, some listings will show 8 or 9 photos of the front and back yards and none of the interior…MESSAGE: there probably is nothing INSIDE worth displaying.  Also, have you noticed how forgiving a camera can be?  We often turn to one another asking:  “Yuck, is this the same house”?

So, after doing a Google Street Scene your best bet is to do your research on the location, statistics on the home(s) etc. from the web then, go out and look at several homes in the same afternoon.  Your agent will put together an efficient tour of prospective homes for you.  Not only will you see what the condition of the homes ARE and, could become, you will also get a feel for the neighborhoods.  “Seeing (in real time) is believing”.