With Florida’s real estate market evolving, many homeowners are asking the same question: Should I renovate my home—or sell it “AS IS”?
If you are considering selling real estate in Destin, Crystal Beach, Miramar Beach or 30A, this decision can significantly impact your financial return. Rising construction costs, increasing buyer expectations, and shifting market conditions all play a role in determining which path brings the best outcome.
This guide breaks down the pros, cons, and financial considerations to help sellers make the best decision for their property.
To determine whether renovating or selling is right for you, assess:
Florida remains one of the nation’s most desirable locations, especially the Northwest Florida Gulf Coast, where demand for primary homes, vacation homes, and investment properties remains strong.
According to the Emerald Coast Association Realtors (ECAR) statistics, sellers should be prepared for their property to be listed for an average of 91-114 days before achieving closing. If your home is dated—but in a high-demand location—making specific, high-value updates may give you a stronger return.
Key trends to consider:
Here’s a simplified formula for decision-making based on ROI:
For example: a $750,000 home in Miramar Beach:
Across the Northwest Florida Gulf Coast, buyers are prioritizing items that provide convenience and improved quality of life, including:
If you decide that renovating is the best option, especially if your home needs only cosmetic updates, consider these top renovations that can greatly increase the selling price:
The experts at Newman-Dailey Resort Properties, Inc. can help you make a confident, profitable decision. Our real estate market experts will run the numbers and help present options to determine what will yield the biggest financial return. With an understanding of neighborhood trends, buyer expectations, renovation ROI, and how to position your home for the highest possible return along Florida’s Emerald Coast, our team of the top real estate agents in the Destin – 30A area brings decades of experience in coordinating high-value real estate sales and successful closings in Northwest Florida. Read more Tips for Sellers here.
Contact our Real Estate Team today for complimentary market analysis and personalized guidance at 850-837-1071 or email [email protected] or visit www.DestinSales.com to get started.
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