If you’ve recently decided to put your home on the market, the next step is deciding which repairs should be done in order to help it sell faster. Many of these improvements are things that you may have put off doing, but now that your home is listed they need to get done. Some of these improvements may be as simple as throwing some paint on the walls, while others may be more expensive and time consuming.
By making some of the harder and more expensive repairs or improvements to your home may seem like a big headache, it may end up boosting the value of your home. For instance, if your air conditioning system isn’t working properly buyers will want to take some money off of the price; but if you replace the faulty unit with a new one you will be able to state that in your listing and the value of your home will increase.
Improvements and repairs go a long way in attracting potential buyers. After all, wouldn’t you rather look at a home that boasts new cabinets and countertops as opposed to a listing that says some work needed. By making these repairs now, you will be able to increase the asking price of your home as well as attract more traffic to your home. The more you do now, the better your chances of selling later.
Being able to list your home as move-in ready will increase its appeal to a wider group of potential buyers. Most buyers want a home that requires little or no work to be done on their part; they want a home that will allow them to simply unload their belongings and be done. The simpler it is on the buyer, the easier it will be on you to sell your home.
Homes that are in the best physical condition tend to be moved to the top of many realtors’ lists. This will help insure that your home is viewed by as many potential buyers as possible and may even result in a bidding war where you come out the winner. Even if you are not bombarded with offers, you can rest assured that your home will sell, and in most cases will sell quickly.
In the case that a repair is too big or too expensive for you to accomplish before it is listed; you should disclose the problem to your agent so that they can pass the information along to anyone who is interested in your home. While this may result in the price not being as high as you would have liked, you will be able to sleep knowing that a potential buyer is not walking into the situation blindly. In this case honesty is the best policy.