Do You Fix It or Just Sell It?

Many homeowners come face to face with this question when preparing to sell their home. While they know there are repairs that need to be made, they wonder how much they really need to invest in updates or repairs before selling.

On the one hand, you don’t want to put money into a house that you won’t get back. On the other hand, you want to attract the right buyers who have the money to invest in purchasing your home.

Do you fix it or just sell it? Serious sellers will want to focus on those repairs and enhancements that will get their homes sold.

As They Drive Up

Consider the first thing that your potential buyers face when they drive up to your house. Do they see a yard that needs very little attention or one that is seriously out of shape? If your yard needs attention, the price of a professional landscaper can make all the difference in a buyer’s first impression which we all know is the most important impression.

Consider the Paint

Unless they are buying a fixer upper, most buyers don’t want to see a house that needs a lot of repairs. Chipped, faded, and peeling paint brings up negative feelings to potential home buyers. Picking a neutral color and giving your home a fresh coat of paint indoors and out can make a world of difference.

Appliances

If your home is dated, you may want to update the appliances. The cost is minimal when you consider that your home is competing with newer homes, and older appliances only serve as a distraction to those looking to purchase. They will only envision having to replace the appliances themselves.

In the end, choosing to update or repair your house boils down to personal choice and whether or not you will have a return on your investment.

We can discuss some of the improvements that might result in a higher listing price. Contact me, and I will prepare a free CMA (comparative market analysis) on your home so you have some solid facts to help you make your decision.