Having Trouble Selling? 5 Benefits Of Waiting To Sell & Remodeling Now

When it’s a buyer’s market in Florida, trying to sell your home can feel like an intense game of tug-of-war. You might not be short on potential buyers, but that means you’re up against competing sellers with just as competitive offers. Is it really such a good idea to push a sale in these conditions? Take a step back and review the benefits of holding off on selling your home and remodeling it, instead! Reach out to our award-winning design team at Revive Design and Renovation Tampa today to explore the possibilities for your custom home remodel. All projects begin with obtaining a permit!

1. Add More Value to Your Home For the Next Time You Try to Sell

There’s a good chance that you’ll receive an underwhelming offer if you try to sell your home as-is. A property that appears outdated or too “lived-in” won’t seem as attractive to home buyers, especially when the market is turned in their favor. This leads to lower property value and fewer inquiries. You could potentially increase your home’s value by opting for a luxury designer renovation in Tampa! Property values have been known to increase by an average of 70% of the remodeling budget, which can give you an edge when discussing offers.

Learn more > What Add-Ons Are Typically Available When Remodeling?

2. Wait Out the Buyer’s Market For a Higher Return

Not too keen on the offers you’re getting during the buyer’s market? Why not hold off until the tide turns in your favor? It might take another few months to a year, but being patient could yield greater rewards! In that time, you could get started on a high-end custom bathroom remodel in Tampa to give your property value a little boost with luxurious appointments for even greater offers.

3. Give Yourself Time to Reconsider Selling Your Home

Sometimes, the decision to sell a home is a rushed one that leads to regret. Once you transfer the deed, there’s no going back. Waiting for the shift back into a seller’s market can give you plenty of time to think about your decision and see if you’re still feeling the same way. Many homeowners in Tampa realize that receiving a 5-star renovation is a much better way to experience living in a posh, new environment without the hassle of actually moving. So if your reason for selling is to switch it up with a new home, consider a free in-house consultation with Revive Design and Renovation, instead!

4. Avoid Heavy Financial Consequences

If you’re still set on selling your home in Tampa but are interested in renovating it first to increase your property value, it’s still a good idea to wait before putting up an official listing. Trying to squeeze in viewing between construction might put off potential buyers as they step around debris, not to mention the potential liabilities of exposing the home in an unfinished state. Anything that might be overlooked during a rushed project, like missing components or asymmetrical installations, could also knock down some of your property value.

5. Large-Scale Renovations Take Time

Touching on what we mentioned previously, big projects like luxury custom kitchen remodels can prove to be a rather time-consuming process. Even with a set remodeling timeframe, you never know what can happen during the actual project. Construction might surpass the expected date, which can interfere with viewings or the sales process. As a good rule of thumb, it’s always best to plan out lavish home renovations in Tampa about 6 months to a year before you decide to sell, depending on the work being done. Read about our interior design process to learn what to expect.

Put It On Pause and Consult the Experts. Meet With Our Award-Winning Design Team at Revive Design and Renovation Tampa!

There’s no reason to make any hasty decisions. Schedule a complimentary consultation with our talented design team at Revive Design and Renovation Tampa to explore the possibilities before you sell your home! Call (813) 680-4103 for an in-house consultation on a luxury home remodel with no obligations, and so we can get started on acquiring your permit.