How do I know how much work is worth it before selling a home?

Rachel
Home Seller
Jackson County, WI

We are interested in possibly moving. But our current home has some problems--scratched woodwork, a damaged wall in a bathroom, missing quarter-round around the wood floors that had been carpeted when we moved in, walls that need touch up paint, a shed that needs removed. In general, is it better financially to repair things like this before listing a home, give a repair allowance, or sell with some issues? .

Answers (2)
Erik Armstrong
Agent
47802

I agree with Jody Jones. Buyer's right now have many options, so you want your home to show at it's best. All the things you mentioned might seem like a lot to tackle, but the 'actual cost for you' vs 'the amount the buyer will take off their offer' are very different. It's like taking your car to the dealership as a trade-in. Take the time to clean it up, detail it, and let it shine and your efforts should pay off nicley for you. It would be different if we were talking about an outdated furnace, leaking roof, or retro appliances but these minor repairs should be taken care of before listing the property.

Fri Jan 30 2009, 10:58
Jody Jones
Agent
Elkhart, IN
FIRST ANSWER

Rachel,

Most of what you mention as needing done is considered minor repairs. I would go ahead and do them before listing your home. The buyers have a wide variety of homes to choose from in all states of repair and disrepair. The ones that are selling here are the ones that are basically "move in" ready. I would probably leave the shed, unless its totally falling down and put in the listing that you would be willing to remove it, if the potential buyers do not want it. All other items you mentioned should be done. Also unless the walls you are touching up were very recently painted you should probably go ahead and totally paint. For the cost of a few gallons of paint and some time, you could potentially save at least a thousand or more on the sales price. Good luck!

Fri Jan 30 2009, 10:03

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