Decide if Repairs Are Worth It

Decide if Repairs are Worth it

When you decide to sell your home, you need to ask yourself if certain repairs that need to be done around the house, that you just haven’t gotten to, are worth doing or having someone come in and do them.

Some buyers would pay more for a house that they can just move into and not have to do any repairs, while others would rather pay a little less and do some fixing.

It partly depends on if you want to sell fast or want the most you can get for it.

Here are some of the things for you to take into consideration when deciding if you should make those repairs.

Is it one of the first things potential buyers will see? First impressions are key, and that is never more true than in the real estate business! If you have a repair you are unsure about tackling, use this as a litmus test: Is it something the buyer will see as he or she approaches your house and walks through the front door? If so, fix it.

Does the faulty item give the impression the property has not been well cared for? Leaky faucets, cracked tiles, an overgrown lawn, broken appliances or anything else that doesn’t work as it should can immediately turn off buyers. At an open house, people often zip through quite quickly, and if they notice one or two things that send up red flags, they may not give your home another chance.

Can you find a less expensive fix? Let’s say you scoped out the comparable homes on the market in your neighborhood, and they all have updated kitchens, but yours hasn’t been touched since the ’80s. Rather than spend big on a full kitchen remodel, why not give your kitchen a less costly refresh? For instance, you could paint the cabinets, swap out cabinet hardware, change the light fixtures and upgrade the appliances to something current and functional but not top-of-the-line. You will put some money into it but not nearly as much as with a full remodel — well worth it if it gets your home in the running in a competitive market.

Great tips from  a Houzz Contributor.
Most small projects that will make that first impression are well worth the time and money to get them repaired.