If you’ve been in your house for several years, it has undergone some wear and tear. Although you love your home, you might wonder if it’s viable to renovate or sell. This can be a hard decision as most of your childhood memories lie in this house. Your decision to renovate or sell can be […]
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If you’ve been in your house for several years, it has undergone some wear and tear. Although you love your home, you might wonder if it’s viable to renovate or sell.

This can be a hard decision as most of your childhood memories lie in this house.

Your decision to renovate or sell can be influenced by the age of the house, the current status of the real estate market, and your ability to afford a new home.
A. Factors Determining Whether to Renovate or Sell an Old House

If you have an old house, chances are you are tired of seeing its beat-up status and are wondering whether you should renovate or sell.

But irrespective of your choice, touching up a little if you sell it is a must if you want to fetch a reasonable price.

1. How Old is the House

It’s an old house, but when was it built, and how many renovations are needed to make it look better.

If you have an old home, you’ll have to knock down the walls and ceiling to redo the electrical and plumbing system, which will cost you an arm and a leg.

You might...