Will remodeling or reducing the price move a condo quicker
June 10, 2009 9:22 AM Subscribe
I'm thinking about selling (or renting) my condo. My kitchen and bathrooms are out of date with formica counter tops, old looking appliances and ugly flooring. I know that other condos in my complex that are on the market have been updated with more contemporary looks, but they also look like they've been on the market for a while. What would cause the place to sell faster? Spending the money to update it or reducing the asking price by whatever amount I'd put into a remodel?