Would you have renovated before selling this SF condo or just listed it as-is?
Curious what people here would’ve done in this situation.
We recently worked on a pretty dated 1907 condo in the Mission Dolores area in SF where the seller had already relocated out of state and originally considered just listing it as-is to avoid the stress/time of renovating.
Instead they ended up doing targeted updates before selling:
- kitchen remodel
- flooring + paint lighting
- bathroom refresh
- appliances
- doors/trim/baseboards
- some curb appeal work
The interesting part was how much the buyer perception changed once it felt more turnkey.
Numbers roughly looked like:
- as-is value around ~$500k
- renovation costs around ~$225k
- final sale just under ~$1M
obviously not every Bay Area project works out like this 😅 and renovation costs right now are brutal. but it does feel like buyers have gotten WAY more sensitive lately to anything that feels unfinished or dated especially in older condos/homes.
genuinely curious where people land on this now:
if you were selling in the current market would you rather:
- renovate before listing
- or just price aggressively and sell as-is?
