Thursday, April 7, 2011

Expert Advice: How Carpet Affects the Resale Value of Your Home

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Question:
The carpet in our current house is not great, but not terrible either.  We’ve had it professionally cleaned, but is worn with some imperfections around vents, banister, hallways, etc.  Our plan is that we are hoping to put our house on the market within the next 12 months.  If we replace the carpet now will we be very likely to recoup that money in resale value in a year?

Answer:
There are many different things to consider here: on the one hand the smell and look of new carpet will definitely show your house better and eliminate another reminder that folks aren't looking at a new house.  However, some buyers may have their own remodeling plans, or they may think they will tear out the carpet and replace it with wood or tile.   The best rule of thumb is that in a tough housing market the issue is not so much recovering your money, but rather, making any kind of sale.  Anything you can do to make your house show will is critical.  Cheap carpet will show as cheap carpet, sort of like new tires on a used car.  It’s a quick fix, and may make people wonder if you’re hiding something.

I’d recommend that if your carpet is worn out enough to warrant replacement that you go with middle-range quality carpet, not the cheap stuff.    Another thing to consider is the color.  Most real estate agents recommend lighter, neutral colors for carpeting.   Cream color, light taupe, and soft brown are popular colors for resale homes.   If your current carpet is too bold or dark a color you may also benefit from carpet replacement.

Contact Carpet Wagon to schedule a personalized appointment in your home.  We’d love to help you with all your flooring questions and needs.

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