Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
Replace carpet with laminate floors before selling?
Hello fellow BP members,
I have a question in regards to selling my Condo.
Question: Should I replace my worn out carpet with new laminate floors before selling?
I’m currently in a hot market (Temecula, CA) for sellers. The unit next to me had an offer in within a week of listing it (229k) and it just sold for 237k. The unit that sold had old worn out carpet just like mine and ugly paint. I plan to repaint all of my rooms to a neutral color.
My concern is, would I regain the money put into installing the floors plus some? Or am I wasting my time? I received a quote from a flooring company and it will cost about $4k (705sqft) to redo my floor.
Note: purchased the condo in 2014 for 175k, currently owe 165k.