In today’s market many home buyers prefer to buy a property that is move-in-ready condition. In addition, these same buyers most likely will bypass houses that are being sold “as is”. As a seller, you need to determine if certain fixes are worth it, which means, are you going to get the proper return on investment. Prior to putting property on the market determine which fixes are worth it. Following is a list of ideas that may help you determine whether to fix-it, or not to fix-it:
Fix-it – major electrical wiring problems, replacing old carpet with new carpet or wood floor, enhancing curb appeal, roof problems, fixing cracked shower doors, water leaks, painting, repairing nail holes in walls, and drainage problems, etc.
Not Fix-it – mayor bathroom and kitchen renovations, and anything that will create potential clutter, etc.
Finally, it is important for the seller recognize if certain repairs are not completed, it may be either difficult to sell the property, and/or forced to accept a lower sales price.
Comments(1)