Wellesley market update for The Fells Neighborhood….

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Preparing a house to sell… what to consider upgrading? Cost effective renovations…

I am often asked by single family home owners in Wellesley , Weston , Newton , Needham , and Brookline , “What should we do to get our house ready for sale?” While this can be a very different answer depending on the house etc., there are some things that are consistenly cost effective.
What upgrades make sense to do if you are selling, and want to attract buyers? Here are the 5 top projects to consider:

Project 1: Entry Door Replacement (Steel)
Cost $1,218
Resale value $1,243
Cost recouped 102.1%
(National averages)

Project 2: Garage Door Replacement
Cost $1,291
Resale value $1,083
Cost recouped 83.9%
(National averages)

Project 3: Siding Replacement (Fiber Cement)
Cost $13,382
Resale value $10,707
Cost recouped 80.0%
(National averages)

Project 4: Kitchen Remodel (Minor)
Cost $21,695
Resale value $15,790
Cost recouped 72.8%
(National averages)

Project 5: Deck Addition (Wood)
Cost $10,973
Resale value $7,986
Cost recouped 72.8%
(National averages)

Selling a house west of Boston can be challenging, but with some cost effective repairs or upgrades, you can increase your chances of a well time sale.

Wellesley Real Estate Information

Number of properties currently on the market in Wellesley:
Single Family: 155 Properties
Multi Family: 1 Property
Land: 7 Properties
Number of new Wellesley Real Estate listings in the last month:
Single Family: 31 Properties
Multi Family: 0 Properties
Land: 2 Properties
Average list price for Real Estate in Wellesley over the last 6 months:
Single Family: $1,593,645
Multi Family: $799,000
Land: $597,200

Wellesley listings market snapshot as of today

Here is a quick look at the active Wellesley listings, as compared to 1 month ago. This listed by price point, and includes the number of days on market averages as well. Town of Wellesley active listings