Homeowners often overvalue properties before selling

Expert Stephanie Schäfer shares insights on what truly increases a property's value and the potential pitfalls of illegal constructions. Her advice is particularly valuable for homeowners looking to sell their properties.

Schäfer emphasizes that not all renovations or improvements add value to a property. She advises homeowners to focus on key areas that potential buyers value most, such as kitchen and bathroom upgrades, energy efficiency, and outdoor living spaces. Additionally, she warns about the significant issues caused by illegal constructions, which can not only devalue a property but also lead to legal troubles. Schäfer also discusses when it might be worth investing in an old house before selling, highlighting the importance of understanding the local market and buyer preferences.

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