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Princeton Town Topics – Let’s Talk Real Estate – March 9, 2022
CONSTRUCTION SHORTAGES CAUSE REMODELING DELAYS
If you’re intending to sell your home this year but need to complete repairs or updates, you may want to start planning well in advance. Continued shortages in construction labor and supplies are resulting in delays in home renovations and related services.
Contractors have been dealing with labor shortages since the start of the pandemic, including limited availability of skilled tradespeople such as electricians, carpenters, and plumbers. Homeowners may find that contractors are scheduling work such as bathroom or kitchen remodeling projects many months ahead. Supply shortages of everything from appliances to construction building materials have also led to much higher prices for materials, creating further challenges.
If you’re simply hoping to refresh your home before placing on the market, consider doing more cosmetic updates. Projects such as a fresh coat of paint, new light fixtures, or new cabinet hardware can quickly update your look. Decluttering and organizing your cabinets and closets will also add appeal to your home.
Your Realtor can also give you a clear perspective on what may need to be done before you list your home. They can help you determine if you have crucial repairs that can’t wait, or simply need cosmetic work.