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WHAT YOU SHOULD NOT FIX BEFORE SELLING HOME?

Thursday, September 2, 2021   /   by Ameil Gill

WHAT YOU SHOULD NOT FIX BEFORE SELLING HOME?

Should you make repairs to your home before you sell? This is a very common question that i am asked by many sellers. I'm sure you have heard that homes in move-in-ready condition sell for more money than those that need a little tlc, and while that is mostly true, there are some repairs that may not yield a high return on investment when myou go to sell. So how do you decide which repairs to complete and what not to fix when youre selling your home?


That's where i come in!


My job is to educate you on what may be a potential issue with buyers in the current market, and what you can (or should) skip, while still disclosing. Safety concerns or costly repairs should be addressed, such as electrical issues or faulty wiring, moisture or water infiltration, leaks, or other plumbing or septic-related issues.


Now let's get to the items you should not fix. Some home repairs you can eliminate from your list because theyre too much work for the reward, or too expensive to earn back in the price when you go to sell.


 Cosmetic damage.

Some cosmetic changes, such as repairing scuffed floors, or old paint, are relatively easy to do, however they may not be worth the extra effort. Most of the time its better to leave these changes up to the buyers to customize according to their preferences. Unless you have very bold colors, or the floors are tired and worn, you can forgo these updates. Your agent should help you decide which cosmetic issues to address based on how much time and money theyll take to fix.


 Halfway repairs.

If you cant afford to make the full repair, dont do it halfway. Its better to spend the money to complete the repair correctly or disclose the problem to potential buyers, than try to do a patch job at a low cost.


Thinking about selling and wondering what repairs or updates you can do to increase your value and get top dollar? Before you spend one penny, send me a message, and lets chat!
REMAX Realty One Inc. - The Gill Team
Ameil Gill
50 Burnhamthorpe Road West Sussex Centre Ste #102
Mississauga, ON L5B 3C2
416-884-1359

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2021 Last Updated September 21, 2021
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