Are you getting ready to sell your house? Whether you want to put your home on the market right now or plan to sell within the next year, it’s a good idea to start making some repairs. But don’t get out the paint roller just yet! Not every repair is worth the time and effort, while others should head straight to the top of your list.
Read on to know which repairs to make – and which to skip!
One of the most nerve-racking parts of buying a house is waiting for the results of your inspection. Depending on what problems your inspector finds, you may:
Some problems are so critical that they make buyers run for the hills. Usually, these are foundational or other structural issues that could make the house unsafe.
Buyers will not pay the asking price for a house if it needs significant repairs or is uninsurable. Sometimes, they decide not to buy the house at all. However, if they still choose to buy, they will either negotiate a lower price or require that the seller complete repairs before closing. In some cases, the buyer may be willing to purchase the house as-is but can’t secure funding for a loan. FHA lenders, for example, will only approve a loan if the property meets strict inspection requirements.
If your home inspector finds that your electrical wiring is not up to code, red flags will go up to buyers and lenders. So bring your electrical system up to date before you list your home. If you’re unsure if your home’s wiring will pass an inspection, talk to a licensed electrician.
Plumbing is up there on the list with electricity as one of the most fundamental features of a house. Before you put your home on the market, find and repair any significant problems, such as leaks, clogs, or other damage to your pipes and faucets.
Your HVAC system must be in good working order before you sell your home. Especially in a hot climate like ours in Florida, we rely on our air conditioning and need it to be in tip-top condition. Ensure your HVAC system is not too old and everything works properly. Have it serviced regularly by an HVAC professional.
Finally, the inspector will check the outside of your home. They will check the roof, walls, and other structural components. Leaks, loose shingles, and sagging can all signal damage to your roof. These issues should be resolved before you put your home on the market. Additionally, you may need to replace your entire roof if it’s over 20 years old.
Now that you’ve addressed your most critical home repairs, you may wonder what else you can do to ensure a quick sale at a great price. While these fixes are optional, they may increase your home’s value and appeal.
The kitchen is one of the most used rooms in any home, and your prospective buyers know they will be there multiple times daily. So, wow them by equipping your kitchen with modern appliances, deep-cleaning the floors and grout, and refreshing the paint. If you’d like to do a more extensive overhaul, consider upgrading the cabinets and countertops or adding an island.
You know what they say about first impressions – they’re everything! Your buyers will immediately be charmed if your entryway is beautiful and welcoming. Level up your landscaping, refresh your exterior paint, or even change your front door.
Energy-efficient windows, insulation, and appliances are not only great for the environment. They’re great for your buyer! Your prospective buyers will love the idea of saving on their electric bill for years to come when you install these features ahead of time. It could even boost the sale price of your home.
Now that you know which repairs to prioritize, you can make a plan to get your home market-ready. Elena VIP Homes can help you create a plan to maximize your profit, whether you’re ready to sell now or will be in the near future. Contact us today to start a conversation with a trusted Tampa Bay agent who can list your home and guide you smoothly through the selling process.