What Not to Fix When Selling a House
If you are wondering what not to fix when selling a house, when selling your house, don’t overstretch yourself trying to fix everything that doesn’t need repairing. Minor cracks in walls, floor scuffing and carpet stains may all be seen by buyers as normal signs of wear and tear and should not be treated as needed repairs.
Repainting with trendy colors could put off potential buyers, so neutral hues are preferred when repainting. Major repairs should still be addressed first.
Although it’s essential to make your home as appealing as possible when selling, not all efforts yield sufficient return to justify their investment. You could waste valuable time, money and energy on things that won’t matter at the end of the sale process.
People often opt for expensive paint jobs when renovating, but potential buyers notice how important room color is – light neutral colors like off-whites and grays tend to work best.
Other cosmetic improvements you should take into account before selling your house include weeding flower beds, reseeding bare patches and clearing away debris in the yard – these low-cost projects can boost curb appeal and add perceived value for buyers. They are also great starting points if you don’t know how many repairs and improvements need to be completed before listing it for sale.
Before selling a home, it’s essential to address any necessary repairs or upgrades as soon as possible, but also important to know which improvements won’t add value and may actually turn off potential buyers. “Spending money on cosmetic fixes like repainting trim or replacing worn carpeting doesn’t make financial sense when trying to improve it for sale – usually these projects will be covered in closing,” according to Upton.
Completing any incomplete updates can be costly. Installing Italian marble in a bathroom that already features linoleum can turn away potential buyers who don’t see any benefit in spending additional money to finish it themselves.
Bear in mind that buyers will typically have their own vision when touring a house. Installing particular types of flooring may sway them away if they prefer different looks or materials.
Prepping your home to sell requires many tasks. Don’t get carried away by your to-do list or you risk spending too much money on projects that won’t add much value.
Minor electrical issues, like a light switch that doesn’t turn anything on, won’t turn away potential buyers; but these should still be repaired prior to listing your house for sale.
Other worthy changes include fixing dripping faucets, slow drains, broken doors and locks and loose hinges or hinges that make the home less desirable to buyers. But upgrades like custom backsplashes or bathroom fixtures may not provide as good an ROI, depending on their age and quality. Instead, cosmetic fixes that require less money and effort such as unclogging drains quickly are more worth your while as this helps make the property more desirable to buyers.
Home improvements that increase curb appeal for potential buyers can help attract potential buyers, but you need to be careful that any efforts don’t waste too much of your time or money, delaying its sale as a result. Some projects can even backfire by delaying its sale instead of adding value.
While upgrading appliances may seem like an obvious decision, don’t make the mistake of spending hundreds on brand-new models. Prospective home buyers don’t expect brand new appliances in used homes and often can find exactly what they are searching for on Craigslist or Facebook Marketplace at much less cost.
Avoid spending too much money repairing outdated windows. Many people assume buyers will expect to replace older window treatments with their own; however, this may not always be true; in fact, potential buyers often purchase homes with existing windows to reduce closing costs. When making this decision it’s wisest to speak to your real estate agent who will have a much clearer sense of which improvements will pay off and which won’t.