As a home stager, I have heard this exact statement from homeowners many times. The bottom line is today's buyers are looking online first. If photos and description show "as is" buyers will pass and move on to another listing. Consequently, this will lead to a longer time on the market and a lower selling price.
You do not state how extensive you think the remodeling will be except for the reference to "living in the mess of it all." There are many options to upgrading that can be minimally invasive. I'm not suggesting to cover up problem areas just that there may be some alternative ways to make it more enticing to buyers that won't be as much of an inconvenience to you.
As Jeffrey Bennett mentioned, without repairs you are sending a signal that the home has not been well maintained and has underlying issues. Another reason it may take longer to sell and at a lower price. This just reiterates the many positives of suffering through home improvements in order to sell your home for what it's worth.
There are many statistics supporting the benefits of making improvements before your house goes on the market. Here is a link for your reference: http://www.stagedhomes.com/mediacenter/stagingstatistics.php
Ultimately you will have to decide whether or not to take advantage of upgrading your house and whether or not it is worth it to live with the inconvenience of remodeling in order to sell your home. I encourage you to consider the benefits of tackling some of those messy projects prior to listing.
Whatever you decide I wish you luck in the sale of your home.
You might even want to consider getting a home inspection before you list the property. Costs vary..Should not cost more than approximately $300....
And yes, you will get a lower offer. But, if you remodel kitchens and bath and floors, you wil RARELY recover your costs......
Talk to a realtor. Maybe interview a couple of realtors........
You can most definitely, and should leave the house in its present condition and list it at a price that reflects that condition. I would never recommend doing either of these renovations only to turn around and sell. There are a multitude of problems that could arise with this and there is a good chance that you will end up spending much more than you anticipated or wanted.
The only consideration would be if in its present condition, it is conventionally financeable or do you need to sell to a cash buyer? That means, will a bank give a retail buyer a loan on this property without any work having to be completed. If either the kitchen or bathroom are not useable, then you might run into a problem. Some loose examples would be out or code or missing electrical or plumbing.
I do not know your particulars but whether you want to list it or sell to a cash buyer then let me know as I am a licensed REALTOR and owner of an investment company and I can buy it from you. You can either email or call me at 412-254-4234 or firstname.lastname@example.org.
A lesson from the agents who responded below is apparent. It will not help you now, but may help others. 1) Do your remodeling when you move in or during the period of your residency, then 2) take excellent care of things. That way, the cost is spread out and you get to use and enjoy the job. I have always been amused by buyers who insist their new home must be perfect, although the one they live in is far from that and the new one won't be perfect for long. And I also acknowledge that the 100% home always commands a premium.
I recommend inviting a couple of Realtor's that have done renovations, such as myself, to look at your home and recommend any improvements that will get you a positive return. Paint is one ot those items that can pay you back more than you pay out. Best of Luck Benny Smith 412-498-7868
What it does is signal to agents (and buyers) that the home is probably in poor condition, or at least there are significant defects the seller does not intend to address. I advise "normal" sellers not to say this. Effectively they're unilaterally starting the negotiation before there's an offer, and scaring away buyers for no good reason.
It's an ambiguous signal at best. Maybe it means the seller is an old curmudgeon who won't budge an inch on anything. That is one possible interpretation. Or maybe it just means the seller has already moved out of state and can't do repairs -- but would still be amenable to repair credits based on reliable estimates. In that case, how is it different from any other house?
Any significant condition issues should be on the disclosure. I put that online, and buyers should ideally review that before making an appointment. If the seller is in the middle of working on something or has definite plans to address something on the disclosure proactively, I would tell agents that when they call for appointments.
Sellers shouldn't be making repairs anyway, if they don't want a judge deciding whether their repairs were made in a "workmanlike manner" as required by the contract. The safest thing for all parties is to get estimates and either give buyers a credit (lender/seller assist-permitting), or have title cut a check directly to the contractor. Then the buyers handle it after closing and there is no liability. Alternatively, if the buyers *really* don't want to do work, have the work done *during* the inspection period (extending it if necessary), and let the buyers reinspect before their final reply.
For buyers, I say just ignore any "as is" claims. Sellers may truly believe at listing time that something isn't negotiable, but may well change their minds as soon as there's a concrete offer on the table. There is nothing stopping buyers from asking for credits anyway, and nothing stopping sellers from offering them.
As far as selling as is. There are buyers out there that are looking to have a clean slate to make the house there own. However some mortgages such as FHA would require some things such as peeling paint to be addressed and you as the seller would not have to do that you could stipulate that the buyer address that as well.
If you have any other questions feel free to call me my cell phone is 412-626-2334
I do know that homes advertised "as is" will get less exposure in the market place. In otherwords, many buyers will not look at home listings that are advertised "as is."