[quote=george]Is it worth upgrading to Granite counter tops?
I have friends in Carlsbad who are planning on selling their $650K house soon. They have got multiple bids to upgrade their kitchen counters and backsplash to granite. The bids all came in around $12K. The current counter tops and back splashes are white tile and look quite respectable. Is it worth doing the upgrade or should they keep their list price $12K lower?[/quote]
I would not upgrade the countertops to sell the house, unless the existing white tile is severely chipped or damaged. You typically never get back what you put in in cases like this. Plus, your selection of granite might differ from a potential buyer. Also, buyer’s now are looking for bargains. Newly installed granite counter tops and stainless steel appliances might be looked at differently today than 3 years ago.
Also, with inventory currently thin, you might be able to catch lightning in the bottle. If you wait 2-3 weeks or more to get the kitchen re-done, there may be changes in interest rates, buyer sentiment, or new inventory that puts you in a weaker position.
