To sell or not to sell, that is the question.
Your Roseville home is your treasured possession and you’ve invested a lot into it. However if you’re like us, there’s always that finicky question that surfaces after a few years: “to sell, or not to sell?” We don’t admit we know everything. When it comes to homes however, we like to keep our finger on the pulse. Roseville, CA is one of the fastest growing markets in the United States. You’ve probably wondered the pros and cons of remodeling versus selling. Ultimately, we believe that doing a professional Roseville kitchen remodel or a professional Roseville bathroom remodel can offer more value in the long-term than if you sell your home today. Check out these five easy steps to unlock your home’s fullest potential with a renovation.
1. Analyze Your Local Market
According to Redfin, the median sale price of a Roseville home went down 7.4% since last year. The total number of homes sold went down 5.3%. This data signifies that there is a weaker demand for Roseville homes than in the previous years. People aren’t as excited to buy as they used to be. The price of your median Roseville home won’t yield you the same profits as it could have in 2022. Therefore we feel that it makes the most sense to wait to sell, until prices eventually crawl back up.
2. Analyze the Mortgage Rates
According to Mortgage Reports, mortgage rates have soared to a record-high pace. Currently we are seeing an average 30-year mortgage rate is somewhere around 7-8%, a significant increase from 3% in January 2022. This means that although the Roseville real estate listing prices have fallen, the buyer would end up spending more than they would have a year ago. Today’s prices mixed with sky-high interest rates have discouraged the average Roseville home buyer. We can probably expect that trend to continue until interest rates deflate a little bit.
3. Assess Your Goals
We all want to move for different reasons. Maybe you need more space for your growing family or perhaps different views all around. Whatever the case may be it’s important to analyze your goals. If you’re set on staying in Roseville and not relocating to another city, consider the cost benefits of improving your living space. The most utilized rooms in the home are kitchens and bathrooms and a Roseville kitchen remodel or a Roseville bathroom remodel can vastly change your perception of your home. If the rooms have been untouched for a decade or more, a professional facelift can do wonders for your living experience.
An intensive remodel can set you back around $10-50k. However, compared with buying a brand new home, that number pales in comparison to hundreds of thousands of dollars. If you’re set on staying in Roseville for now but would like to sell in the future, consider a professional remodel. Once you are ready to sell, you can get a much better price for your home than if you would have not remodeled and simply kept it as is.
4. Find a Professional Roseville Remodeler
Who you choose for your Roseville kitchen remodel or Roseville bathroom remodel will be the deciding factor for your satisfaction for years to come. Consider the following attributes when searching for a local roseville contractor:
- Online Reviews & Testimonials. Are people generally satisfied with working with this company? Are there any glaring red flags to be wary of?
- Project Portfolio. Is there a portfolio that allows you to see the level of quality of the work? Or is it possibly missing for a reason they don’t want you to know?
- Communication. Is the contractor’s communication personable, timely and professional? Or do you feel like just another call for them?
- Detail-Oriented Representative. Once you have a representative arrive for an estimate, how interested are they in your needs? Do they ask questions and try to further understand your reason for calling them out? Or do they just go through the motions and not worry about the details?
- Overall Brand Experience. First impressions are everything. If the company has taken the time to hash out their website and their brand, chances are they take their work seriously and would offer the same approach to your Roseville remodeling project. What’s your first impression?
Finding a professional Roseville contractor that offers a seamless remodeling experience is no easy task. By paying attention to these five things, you’ll be well on your way to finding your perfect Roseville Remodeler.
5. Seal the Deal
You’ve analyzed your needs, assessed your goals and found a few possible options that will help you realize your vision. The only thing left now is to seal the deal with the team at VL Tile. We are one of Roseville’s top tile contractors and have had the pleasure to renovate several homes in the area. You’ll find that our prices are competitive, our demeanor is detail-oriented, and our passion is unmatched. We want you to fulfill your family’s short-term and long-term goals with a kitchen remodel, bathroom remodel, or a flooring installation that brings the best out of your living spaces and increases your home’s value.
According to Roseville’s city website, the city was ranked the number eight growth city in the nation in 2021. This is phenomenal news for you if you’re looking to get top dollar for your home. According to the data, we can see that over the long-term, the demand for Roseville homes are increasing which means prices eventually will continue to rise. Therefore it’s important to understand what your long-term and short-term goals are if you’re thinking of selling your home. If you’d like to change things up but continue to stay in Roseville, then we think hiring VL Tile as your professional Roseville remodeler would be the best course of action. Not only do you refresh your living experience, but you will have successfully invested in your family’s short-term AND long-term success.
Fill out the contact form and a member of our team will be in touch shortly!
We look forward to servicing you with complete satisfaction, from start to finish!