- April 11, 2022
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The paint is wearing off on your walls, your ceilings seem to be leaking each time after a heavy downpour and your lights flicker for a few minutes before turning on. You know it’s time to move on to a new place but you’re wondering how on earth you’re going to sell your house at this rate. Does this sound like you in your current home? If yes, we’ve got you! We understand the worries you may have as you try to sell the home that you may have lived in for decades. With so much damage to fix, you may not know what exactly is worth repairing. Read on to find out what are the essential things to fix before selling a house and how to assess what needs work.
The First Step
You’ve decided that you want to list your house on the market. Now what? The first thing we would suggest doing is going around your house and making a list of any possible faults a potential buyer may have with your property. It can be as minor as chipped paint or as major as signs of water damage on your walls. It is best to be aware of these faults in case they are brought up during the negotiation process so that you are not blindsided.
After coming up with the list, you can rank the importance of the items on the list, prioritizing them from most important to least important to fix up. It is important to be fixing up these essential repairs so that you can rake in more profits from the sale of your home.
The Major Repairs
The major repairs are the most essential repairs that you must get done. These are often associated with the structural integrity of the home. Some of these damages may not be evident to you which is why you should arrange for a pre-sale inspection. Your real estate agent can help you to analyze the report and determine what are the most important repairs needed. Most of the time, these inspections will reveal plumbing problems, foundation flaws, roof problems, and electrical problems. These are serious issues, and you should try your best to resolve all of them, if possible. However, if you are short on cash and unable to get all these repairs done, it is important to at least declare these problems to your potential buyer.
The Minor Repairs
After you get these major repairs done, and if you still have some leftover money in your budget, it may be time to get those minor repairs done! These repairs can be important because they may increase the aesthetic value of your home. In doing so, the value of your home may also increase when you decide to list it on the property market. Examples of minor repairs are beautifying the home exterior and the yard, such as the lawn, or giving your bathrooms a good deep cleaning. Buyers are attracted to a spotless bathroom, not a grimy one!