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should you update your kitchen counter tops in your home if you dont live in a neighborhood

me and my husband are wondering if we should update our laminate counter tops to granite if we are going to be saleing it within a year. or if we should just keep the cash for closing time. We dont live in a neighborhood really. We live on a road with other homes near, and neighborhoods close by.
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October 16 2012 - Vicksburg
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Actually, I would probably change that red color. Not everyone will like that.  Make it a neutral color. The kitchen and Master bedroom are 2 of the most important rooms, and many people can't see past just having to paint. Make sure you use a good primer paint first or the red will bleed through. Sometimes an oil based primer paint will be best to cover reds. 
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October 19 2012
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yea i think we will hold off, and maybe redo the floor and carpets in the bedrooms. thanks everyone for the help. should we change the wall color?
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October 19 2012
Based on your picture and what you just said, I'd leave it the way it is. It looks pretty good.  Just make sure the home is as clean and clutter free as possible when being shown.  Also make sure the landscaping especially in the front walking to the door is very clean, no weeds, mulch. It may also be a good idea to pressure wash the driveway, sidewalks, and home as well.
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October 19 2012
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We do not recommend updating a home to get a higher price for the home or sale.
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October 19 2012
You will usually get a return on your investment when it comes to kitchen upgrades, as long as you don't over invest
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October 19 2012
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It is generally held advice that you should not make updates strictly for resale value. In the long run it will not make a substantial impact on the list price.
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October 19 2012
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October 19 2012
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thanks everyone for the advice. The house is not badly outdated. We just put in laminate floors in the living room,dining room,hallway and main bathroom. The cabinets in the kitchen are regular white cabinets with new hardware. We plan on replacing the florescent light shades with new updated ones. The counter top now doesn't look horrible its just plain beige laminate counter top with wood trim. But when we looked at the house thats the one thing that i wanted to do and said we would, but thought we would be here longer.

This house was on the market for 2 weeks when we saw it and made an offer. Other homes have been on the market awhile that are in this price range, but need major renovations. And i mean major, like the whole house. We could replace the counter tops for about $2000 dollars or less. I know it would def help the house sell faster and stand out over other homes. Even the newer homes 10 years or less dont have granite in them, well not a lot of few do. So we just dont know.
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October 19 2012
I don't think so, unless you can get a really good deal. If you update the countertops and not the appliances, light fixtures, flooring and cabinets, it looks disjointed and incomplete.
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October 17 2012
It depends on a few factors. How is the current market in your area; how fast are homes selling, and do you have much competition?  If you think you can sell your home fairly quickly, then you may not need to spend the money because there is limited inventory of homes in your area, and high demand. 

Is the kitchen and/or counter top in bad shape, or a crazy old style/color and looks really bad?

If you are competing with many other homes for sale in the area, and also sales are still slow, you may want to make those improvements that will help your home sell over the others.  The cost of granite has come down considerably over the years, and it's also available in the large home centers.  Also, there are different thicknesses (prices) available as well. You may be able to get away with a thinner thickness and they will glue a granite strip to the edges to make it look thicker, which most people wouldn't even notice anyway.  Or, spend a little more for the thicker granite overall which would not need the edge added.

So if the overall cost isn't too much, and you live in an area where those upgrades do actually help to sell, than it may be worth it. I like to use the analogy of adding shiny rims to a car to sell it. Maybe in your area the granite makes the house pop and adds much more value than the cost. It really depends on your market and the rest of the house too. 

Shoot me an email and I'll put you in touch with an experienced agent in my professional network who lives in your area to give you more localized advice.
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October 16 2012
Before you do anything I suggest that you invite two or three agents to give you a comparative market analysis of your property and at the same time ask them to make recommendations as to what should be updated in order to make the property more attractive to buyers.
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October 16 2012
If you and your husband would enjoy granite counter tops, then do it. Will the granite help your house sell? Hard to tell without seeing the rest of the litchen and the rest of the house. If a potential buyer would be replacing the cabinets, appliances, flooring, windows and lights; chances are they would also end up replacing the granite you just installed.
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October 16 2012
Today's buyer is looking for properties that are move-in ready and new.  That means, fresh paint, new carpet, and new appliances (preferably stainless steel).  The best way to make your home stand out and have that "wow" factor to a buyer is have an updated kitchen and bathrooms.  So to answer your question, YES!  Putting in granite countertops is a huge plus for buyers as well as having new appliances.  Other small things that you can do to improve the look and feel of your kitchen without breaking the bank include painting/re-staining cabinets, new cabinet hardware, and maybe even a new light fixture.

On the other hand, it's also very common to see buyers ask between 2-4% closing cost assistance when submitting an offer.  A rough guesstimate for how much cash you need at closing is about 10% of the sale price.  That includes realtor fees, buyer closing assistance, and your closing costs as the seller.  

It can be tough to know what to spend the money on - an updated kitchen will bring in lots of traffic and showings but offering closing cost assistance brings the offers.  My recommendation is to talk to a local Realtor, let them preview your home and run a market analysis, and go from there!  Good luck!
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October 16 2012
 
Related Questions
should you update your kitchen counter tops in your home if you dont live in a neighborhood
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October 19 2012 | 13 answers
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