For most people, it makes sense to repaint or replace old, vinyl siding before putting a home on the Lake City real estate market. In fact, there are plenty of minor updates that can improve a home’s resale value, such as minor bathroom upgrades, kitchen updates, and landscaping improvements.
Before you make any major investments—including giving your home a fresh coat of paint or replacing the siding—you should talk to your real estate agent. He’ll be able to let you know whether the upgrades make financial sense. Remember, buyers’ wants and needs can vary greatly, even from neighborhood to neighborhood, which means what worked for someone you know in another subdivision may not work where you live.
So what about repainting the house or replacing vinyl siding?
Should You Repaint Your House or Replace the Siding Before You List it on the Lake City MLS?
Many real estate professionals will encourage you to repaint your house before you sell it, particularly if the paint is more than 7 or 8 years old. Bear in mind that a gallon of paint covers about 400 square feet, so depending on your home’s size, you could be paying a hefty sum—and if you’re not doing it yourself, you’ll have to pay labor costs, as well.
The national average cost to replace 1,250 square feet of siding is about $7,200. The average rate of return is 95.5 percent, but the trade-off is that it boosts your home’s curb appeal… sometimes exponentially. You most likely won’t recoup the entire cost of new siding when you’re at the closing table.
Are You Selling a Home or Property in Lake City?
If you’re selling your home in Lake City, FL, we can help you get it sold quickly and at the right price.
While you’re here, get your FREE comparative market analysis that tells you what your home is really worth under today’s market conditions
In the meantime, take some time to explore:
- Waterfront Residential
- Waterfront Land
- Bank Owned & Foreclosures
- Short Sales
- Paved Road Frontage
- Non Deed Restricted Land
- Wooded Oak Tree Land
- Land for Land Home Combo
