Deciding what to update on older person's home for sale
My grandmother passed a few months ago and left me her home. It is a modest house (about 1800 sqft) in a nice suburban neighborhood. The house is in very good condition (new AC, new carpets, clean as a whistle). However, it was built in 83 so it has the stained trim and older light fixtures and some linoleum floors common from that era. My grandmother was also 90 when she died, so she wasn't exactly "stylish" with decor (although it's really not too bad). Basically, the house is well kept and it really just needs superficial updating, as it has nice sized closets and a good floor plan.
I just don't know how much I need to spend in time and money updating things. I know I am not going to go through all the expense of changing things like countertops and cabinets, but I'm willing to take down some wallpaper and paint, change some light fixtures and other easier things. The realtor (haven't signed with her yet) said if you're not going to change it all, just leave it the way it is, even suggested don't worry about taking down the peach floral wallpaper and leaving up the lace valences. I figure why not at least take care of the easy things. Starting to wonder about this realtor's taste level and sense of what people want. For instance, she said it was OK to leave up the vertical blinds over the sliding glass door.
Are there any rules of thumb for figuring out when something is worth the time and money to update?
By the way, I would like to sell quickly, but I am willing to wait as I refuse to give the house away. I can afford to do so, thankfully.