Buyers expect a home to be in good shape. Replacing the roof and painting, replacing the HVAC are not value added in a buyers market. They are expected!
If a seller neglects their home, and decides to sell; they will be hard pressed to recoup these costs in a higher sales price.
Buyers are looking for homes than have been maintained during ownership, and value those homes more than quickly fixed up homes for resale.
Many home repairs, if not made promptly, will cause other problems.
Leaky roof may cause the sheathing to be replaced, as well as mold and drywall issues.
Uncleaned and unmaintained gutters may case water to back up and ruin the wood trims around the house.
Plumbing leaks under the house again cause mold.
Not changing air filters cause the HVAC units to work harder and less efficiently and shorten life span.
Caulking in baths and under toilets,not kept up can cause replacement of bath flooring.
Fireplaces not cleaned can cause overheating and crack and are very expensive to repair.
Clean, clean, clean. Windows, baths, closets, kitchen, light fixtures, attic, yard, garage. Even clean older worn carpets. Put the brightest light bulbs the fixtures will allow in all sockets.
Why is it people are more aware of changing the oil in their car, than keeping up with maintenance of the biggest investment they own.
Sellers need to consider a pre-sale inspection and offer it to the buyers prior to a contract. Leave it in a note book on the table with the listing information. This easy access can put buyers at ease and more apt to write a contract if everything has been disclosed and repaired.
Leave the major renovations to the buyer, but offer them a solid and well kept home.
"Remember do unto others as you would have them do unto you." (Most sellers are buying a home too)
Wanda Fears ABR GRI CRS
Long and Foster Realtors