Humber/Ontario Real Estate Course 4 Exam Practice

What is a valid consideration when listing a home for sale?

1. Spending heavily on renovations

2. Upgrading the driveway extensively

3. Minor painting updates

4. Major landscape investments

5. Adding a swimming pool

6. Building additional rooms

The correct answer is: Minor painting updates

When listing a home for sale, it is important to consider minor painting updates because they are a cost-effective way to improve the overall appearance of the property and make it more appealing to potential buyers. Minor painting updates can help freshen up the look of the home, cover any visible signs of wear and tear, and create a neutral and welcoming space that allows buyers to envision themselves living in the property. On the other hand, spending heavily on renovations, upgrading the driveway extensively, making major landscape investments, adding a swimming pool, or building additional rooms may not always provide a good return on investment when selling the property. These options can be costly and may not necessarily align with the preferences of potential buyers.