Mackenzie Click-Mickelson
Chugging along the path of life
- Joined
- Oct 23, 2015
- Messages
- 29,689
I would agree.I think it's partially dependent on how saturated the market is in your area. In Metro-Denver, things are finally starting to slow down but it has really been a seller's market for several years.
We've been in a seller's market here since officially 2015 though it was starting to switch from buyers to sellers in later 2014. A couple years ago news stories were talking a lot about how people were doing whatever they could to get home because there was such a short supply. I believe at one time or another it's been about 2 month's supply where a 6 month supply is considered middle ground. People were putting in offers sight unseen, waiving inspections and getting in bidding wars. It's still that way now to an extent with homes selling like hotcakes in certain areas and home pricing going way up.
Home buyer's don't get the luxury necessarily of being picky over a beige interior paint color when they really wanted grey. That said an actual renovation of parts of the home may still be enough to put off at least a segment of the buyers who either can wait it out for another home or adjust their looking area/type of home. Going into a kitchen that may not seem old but is from the 90s-early 2000s may be enough to offput buyers. That said even being too modern will do the same. I personally don't like sleek, modern, white white white. I prefer a bit more traditional with dark hard wood colors so even if I couldn't afford to be picky changing all that out in a house I was thinking of buying may be enough to say no to.
I will say the neighbor across the street their house was right for our market just had a harder time selling because 1) the time of year they put it on the market here 2) competing with all the new builds in our neighborhood 3) layout of a reverse 1 1/2. They had a more darker brown exterior color but once they repainted after a time on the market to a darker grey they got more interest and eventually sold. I would bet that the adjustment in exterior color helped. It's often an inside joke all the brown-colored houses that existed and still do in my County prior to grey being the more popular..it's often referred to as "Johnson County brown/beige, etc" because many of the homes were brown/beige with the same interior..basically considered blah and boring and not enough variance.
The work the OP did is important with respects to the selling price they may want to get but you will still find people who just want to move in and not have to think about a honey-do list before even moving in..sometimes people just get the feeling they'll never get those items on the honey-do list done and they've just feel like they have to deal with it rather than be really happy about their house from the get-go.