Are you thinking about selling your home soon?
With many homeowners sitting on significant equity, it’s an excellent time to list your property. However, selling a home isn’t all profit—there are various costs of selling a house that can surprise you if you’re not prepared. One of the biggest decisions you’ll face is whether to make repairs before listing. Let’s explore why fixing up your home can be a smart move that pays off in the end.
Why It Pays to Fix Before You List
- Boost Buyer Interest and Offers: A well-maintained, move-in-ready home not only attracts more potential homebuyers but often leads to higher offers. When buyers see a house that’s been cared for, they feel more confident and are willing to pay a premium. On the other hand, homes listed “as-is” typically get fewer showings and lower offers. A few simple repairs, like fixing leaky faucets or patching drywall, can make all the difference.
- Fewer Surprises During Negotiations: Addressing common issues before listing can prevent negotiations from falling apart later. If buyers find problems during their home inspection, they may request price reductions or repairs at your expense. By fixing these issues upfront, you can maintain control over the selling price and avoid last-minute costs.
- Stand Out in the Market: In a competitive real estate market, a home that’s ready for move-in stands out. Simple updates like fresh paint, updated fixtures, and enhanced curb appeal can make your property shine in online listings and attract more potential buyers.
Pre-Sale Costs: What Should You Expect?
- Inspections: A pre-listing home inspection helps identify potential problems before buyers do. While it costs a few hundred dollars, it gives you a chance to fix issues that might otherwise turn buyers away.
- Repairs and Updates: Costs vary depending on what needs fixing. Minor repairs are relatively inexpensive, while larger projects like a roof replacement can be costly but might significantly boost your home’s value.
- Cleaning and Staging: A clean, staged home can make a lasting impression. Professional cleaning and home staging services can range from a few hundred to over a thousand dollars but can make your home look its best.
Make a Game Plan With Your Agent
Not every home needs extensive repairs to sell. A knowledgeable real estate agent, like Sarah Herda, can help you decide which updates will give you the best return. In a pre-listing meeting, we’ll discuss your home’s condition, the local housing market, and your budget to create a strategy that works for you.
Ready to Get Started? Let’s Maximize Your Profit!
If you’re feeling overwhelmed about where to start, we’re here to help! Reach out today for a personalized home selling consultation. We’ll work together to develop a plan that maximizes your home’s value and ensures a smooth sale. Contact Sarah Herda 978-816-8880 [email protected] for expert real estate advice and a stress-free selling experience.