Before putting your house on the market, it is time to take a good look at it and decide whether to make repairs before selling your home or not. A house that needs a lot of work is likely to take longer to sell and will bring in a lower price. If there are repairs you should make before selling your home, how should you decide which ones they are?
How to decide what repairs to make to your home?
First, decide what your budget is. Then, decide what return you can get on your investment. Choose low cost repairs that have a big impact and be sure to make repairs that are necessary to sell your home in order to pass a home inspection.
If there are any major repairs that you need to make in order to pass a home inspection, those should be done for sure. Not only could a potential buyer run from a property that is perceived to have major issues but they are also likely to deduct more money than what the actual repairs might cost. For example, if you have a leaky roof you need to fix the leak. A homebuyer is going to deduct the price of a whole new roof from the price of your home but you may be able to take care of the problem for much less avoiding the situation altogether.
Free repairs you can do before selling your house
It may sound simple but changing out light bulbs and screwing in a few lose things can make a big difference to a homebuyer. Oil squeaky door hinges, be sure to clean the house well, tidy up your yard and pull the weeds. This will give the impression that your property is well taken care of and it is free.
Paint your house
Painting your house before you sell is relatively cheap and has a big impact. When you stage your home and take down a few pictures you are left with holes that you can patch and then paint. Be sure to use neutral colors to appeal to the masses. Homebuyers will be happy to know they can move right in without having to paint right away.
Repair lose tiles
If you have any broken or lose tiles, take out the individual tile and replace it or put it back down and grout. This is an inexpensive fix but a buyer may think they need to take the whole floor out.
This is yet another inexpensive way to improve the overall look and condition of your house. If you have moldy caulk in your shower, lose or dry caulk around different places in your home you can simple remove it and replace it. You’ll be surprised how much of a difference it can make to the overall look.
When trying to decide what repairs to make before you sell your house try putting yourself in a buyer’s shoes. How would you feel about lose tiles on the floor or picture holes all over the wall? It tells them that there is deferred maintenance and a lot of work waiting for them if they were to buy your house. Make it as easy and move-in ready for them as possible. The condition of your house is directly related to the selling price.