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Earlier in the year, homes were selling at breakneck speeds. Freddie Mac reported that "Nearly two-in-five potential homebuyers would consider purchasing a home requiring renovations." With that kind of demand, home improvements took a back seat. However, today, the market is finding a new equilibrium - and so are sellers. Buyers have more options and can afford to be more selective. So now more than ever, sellers need to be smart about what renovations they choose to take on before listing their homes. Here is the latest data on cost recovery on remodeling projects for both interior and exterior remodeling projects.

Graph provided by the National Association of Realtors
Graph provided by the National Association of Realtors
As the market shifts into a new norm, a real estate agent can help navigate the following considerations for your up-coming listing:
The biggest home selling expense is the money you leave on the table. Save yourself from all the headaches and second guessing when selling your home; consult with a local, qualified real estate agent. If you're thinking of selling your home in the near future, let's connect!
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