Before selling your home, you likely have a list of repairs to make - but how do you know what not to fix when selling a house? While most upgrades and repairs add value to your home and please potential buyers, some might not be worth the money or effort.
To help you decide, here are some tips for knowing what to fix:
An experienced local real estate agent will understand the local market and be able to identify any repairs or upgrades needed to get the sale price you want. In some cases, you might be able to skip certain tasks on your repair list if other features of the home shine brighter in the market.
Removing damaged items such as light fixtures and sink faucets can easily change the appearance of a house. Replacing doors and trim can also offer an immediate facelift.
However, avoid an abundance of trendy design choices. What's trending now might be off-putting to some people. Maintain maximum potential audience approval with the use of contrasting colors and common fixtures styles that appeal to the majority.
Make it your goal to tackle any serious or expensive issues first. Smaller fixes can be left to the end of the process, as they won't require as much time and money. Things like major plumbing repairs, flooring replacement or HVAC work are all examples of fixes that should come before a simple paint job.
Although some costly renovations will increase the overall home sell-by price, it's not always worth it to start a huge project before selling a house. Check with your real estate agent and compare your home to similar properties in the area to help you determine if a major change is worth the time, money and effort.
Once you're finished with your own repair list, hire a home inspector for a professional opinion. Their detailed reports can help you identify any last-minute issues you might have missed.
Otherwise, focus on boosting your curb appeal by refreshing your landscaping, replacing your garage door or adding fresh mulch to the garden.
Home repairs can impress potential buyers and earn you a higher potential sale price. However, it's important to prioritize your projects, so you don't end up spending more money than you make.
Rebuilding the Economy One Home Sale at a Time
Gary has been in the Real Estate Business since 2005 and can be considered a seasoned Realtor. He has seen the down periods in the economy and the upward trends that we are experiencing recently. Through it all there has always been one unchanging need in our society: families want to purchase homes. And when they are ready to buy they need assistance to search through today's over-saturation of information released by our industry. In order to find that perfect home it can become a journey that requires perseverance and patience. And a seasoned Realtor can be the guide to assure a successful transaction from start to finish.