What to do when your Massachusetts property listing contract has expired

Unfortunately, not all properties sell during the first listing contract with a broker. Here are some thoughts about what to do after your properties has expired, and is no longer listed and being actively marketed.

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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.

This week in Metro West Real Estate…

As of today, June 25, 11 properties in Brookline, Newton, Needham, Wellesley and Weston sold within a week of coming on the market according to MLS. 7 were single families, and 4 were condos.
When priced properly, buyers will pull the trigger. Plus, with the severe winter delaying the spring market it appears that the market will remain active into July.
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