Today we’re going to be tackling a million-dollar question: Should sellers make home repairs before putting their property on the market?
In my experience, it’s always best for sellers to remember the homes they’re up against when they list. You have to take the competition into account. Buyers should want your property—not your neighbor’s property.
Of course, this doesn’t mean you should go all out and take on expensive projects that won’t bring a return. You should ideally earn a $1.25 or $1.50 for every dollar you spend. In short, you should absolutely make a few repairs before listing, but only the ones that will help put money in your pocket.
“Buyers should want your property—not your neighbors.”
This brings up another interesting question: Which repairs are worth it? Well, if your home is the only one in the neighborhood that doesn’t have granite countertops, adding in such a finish might be a good choice. Other more obvious repairs, like repainting or removing stained carpet, are also a must.
Our team works with hundreds of clients each year. We know what buyers are looking for, and we’d be happy to offer you the necessary advice to help you earn top dollar.
If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.
