Not everyone wants to buy a fixer-upper. That’s one of the many reasons why you should do repairs around the house before selling it. Some improvement projects offer a high return on your investment, which boosts your property’s value. Here’s everything you need to know about choosing to sell your house as is or opting to do a few repairs beforehand instead.
Can You Sell Your House As Is?
Technically, yes, but there are a few factors you should consider. The first is the state of the real estate market. In a seller’s market, there is a higher demand for houses. This sometimes means that homeowners can get away with just a few minor fixes. You should also compare the condition of your home to other recently sold properties in your area to determine if your home’s repairs could pose a problem.
Finally, you should consider your home’s value. If you don’t know your property’s value, ask your realtor to arrange for a house appraisal. If you’re not happy with the value determined by the appraisal, then doing some repairs and upgrades could make a meaningful difference.
Repairs That Can Increase Your Home’s Value
If you want to attract buyers and boost the value of your home, there are many repairs and upgrades you could take on. Aside from the obvious tasks like repairing broken windows, here are a few projects to keep in mind:
Repainted Walls and Cabinets
Repainting your walls and cabinets is one of the most affordable and DIY-friendly home improvement projects there is. If you plan on going for a different colour, you may want to stick to lighter and neutral shades. These colours are more universally appealing to potential buyers, plus they can make your home look brighter and more spacious!
Functioning Taps
Leaky taps in your bathroom and/or kitchen are not very appealing. Malfunctioning faucets are wasteful, and the constant sound of the droplets falling can be very irritating. If you have any faulty taps, you should definitely repair them or call a professional to take care of the problem.
Updated Appliances
First things first, all the kitchen appliances you’re leaving behind should be in working condition. This includes your oven, dishwasher, fridge, and anything else staying in the home. If any of these appliances is seriously outdated, you may also want to think about updating them. Updated appliances can be very appealing to buyers on both a visual and practical level.
Bright Lighting
The last thing you want is for an interested buyer to flip a light switch and have no lights come on. Any burnt out light bulbs should be replaced, preferably with bright ones that help make your home look brighter, more welcoming, and extra spacious. There shouldn’t be any areas in your home that are poorly lit.
A Realtor Will Get You the Most for Your Investment
An experienced realtor will use their negotiating skills and knowledge of house sales to make the most of your investment in repairs. With their help, you can rest assured that your upgrades will be worth the time and money you put into them. Our expert realtors can also help you with buying a house or buying property in NSW for building a house. Please don’t hesitate to contact us for our assistance or to ask questions.
