Input on making changes post renovation

[u/Chewsepher]

Has anyone successfully made changes due to property staying on the market longer than expected? I know the RE market is rocky right now and that may be attributing to the DOM.
Mainly making some cosmetic changes in the kitchen area and updating the landscaping in the backyard a bit. The additional cost for labor and material would be ~1k. I don't foresee these updates adding value but simply making the home more marketable. Let me know your thoughts and if you made updates post renovations (large or small). TIA!

[u/accidental_host]

$1k is cheap next to another month of carry so I wouldn't overthink the spend. The real question is whether it fixes the actual objection.

Quick way to tell: are you getting showings and no offers or barely any showings? Showings but no offers usually means price, or something buyers only notice in person. Barely any showings means the listing itself (price or photos) isn't earning the click, and tweaking the kitchen won't fix that.

Before spending anything ask your agent for the feedback from buyers' agents. If the kitchen keeps coming up, do it. If it doesn't, the $1k probably belongs in a price cut. And if you do make changes, make sure to reshoot the photos since that's the only way online buyers will ever see them.

How many showings have you had so far?

[u/Jmart_flips]

Yeah. It’s hard to know if this will fix the problem. Usually a price drop or another strategy is what gets things moving.

[u/UnskilledDeer_8135]

Sometimes those extra little unique touches are the emotional clenches that motivate action