One of the most asked questions that homeowners have when they are preparing to sell their house is “how much repair work or remodeling should I do before I sell the house?” This is a loaded question. It involves potentially spending thousands of dollars and a lot of time and frustration getting a house fixed or updated.
Homeowners are concerned with money when they contemplate making repairs and remodeling: Will I get the most money if I sell my house as-is? Will I get a good return on my investment if I remodel the kitchen? Is the investment worth the return?
In this video, Greg answers the question, then suggests an alternative if the house needs too much work and you don’t have the time, money, expertise or energy to get the house ready to sell.
If you are in the Metro Atlanta area and have a house you want to sell fast, as-is, without having to spend a dime on remodeling or repairs, Resideum will make you an offer in 24 hours to buy your house. Contact us today to get your no-obligation, all cash offer and close in as little as 7 days.
Today, we’re going to answer the question, should I or should I not repair or remodel my house before I put it on the market to sell? I’m Brent Bagley…
…and I’m Greg Kurzner…
With Resideum. So Greg, why don’t you go ahead and answer that question as a real estate agent and what you tell people when they ask you that question.
So when people want to sell their home and they come to me and ask what they need to do in order to get ready to sell, a lot of times it really depends on the condition of the home. If the home’s in great shape, typically in a market like we’re in, they don’t need to do much, if anything. If the home is, it needs desperate repairs, then I really generally want them to do some of those repairs, or at least most of them that are going to create problems with inspection or with buyers that are having remorse when they see these things that are wrong. With regard to doing remodeling projects.
The only time I would ever suggest that they might do something substantial is if they have time and if the house that they live in right now is either sort of uninhabitable or functionally obsolete, meaning it only has two bedrooms and they need three, or it only has one bath and they need two. But otherwise, generally, my rule of thumb is to fix what’s broken, don’t spend money on remodeling because there are no remodeling projects that get you a dollar won for every dollar you invest.
So remodeling is one of those things that you do when you have to in order to make the house sell. So functional obsolescence and habitability problems. Otherwise, fix what’s broken stick the house on the market. Good real estate agent.
Or if the house needs too much work and you know, ultimately they don’t have the time, the money or the energy, then consider selling the home as-is to a professional home buyer like Resideum.
Thank you, Greg for that information. That was very helpful. So if you have a house that is just too much work and you’re not looking to do the work yourself, click on the link below ResideumBuysHouses.com and we will get you a fast, no-obligation cash offer in 24 hours.