Real Estate
If 2025 is the year you sell your home, now is the time to start preparing for that experience. One of the first things that comes up while selling is whether or not you will be doing any home repairs. From a fresh coat of paint to a new roof, all of these repairs have pros and cons to them.
Benefits Of Making Home Repairs
Less Complicated Sale
When selling your home, you go through an escrow period after accepting an offer. These deals are often contingent upon what comes up during the inspection process. Repairs that need to be made will come up during this time. If you have leaks, an old roof, mold, water damage, or so on, your buyer can back out of the agreement at that point. This can leave you to start the process over. If you make these repairs ahead of time, you have less to worry about when closing on a deal
Increasing Home Value And Save You Money
Strategic home repairs and renovations can actually increase the value of your home. By focusing your time and efforts on the right places in your home, you can increase it’s worth. Kitchens and bathrooms are high focus places where updates are money well spent. You can also save money by doing it now rather than potentially paying for the repairs or lowering the sale price of your home during escrow.
More Home Traffic
Curb appeal is a huge part of getting your home sold. This is for the inside and outside of your home. While the outside may have the curb, highlights of your home will be showcased online! The more interest you can drum up around your home, the more people you can get through your home, the more likely you are able to sell in a faster time frame.
Costs of Repairs
Potential Hidden Problems
Once you open a can of worms, it can be hard to turn back around. If you have an older home, or a home that was in disrepair at any time, there may be hidden, expensive problems. Once the problem is uncovered, it can be hard to ignore. And once you know that there is a problem, you are legally required to disclose it. While these problems will present themselves during inspection anyway, it can be handled differently during inspections than if you discover it beforehand.
Longer Time Until Sale
If you are needing to get your home sold in a certain timeframe, repairs could throw a wrench in those goals. Working with contractors and professionals puts you on their schedule. While repairs are needed, they can mess up the plans or dreams you had in mind.
Weighing The Return On Investment
There is no way to tell the real return on investment you could get for the home repairs you make. The best thing to do is consult with a professional before doing repairs. You want someone who knows the market and can tell you the best parts of your home to invest your money in so you can get the most bang for your buck.
The Real Cost of Home Repairs?
Will anyone tell you the real cost of all of this? Truthfully, it depends on the home and how much you want to do. You can spend anywhere from a few hundred, to tens of thousands of dollars to get your home ready to sell.
Selling Without Any Home Repairs
Eric with ASDM Homes offers an easy way to sell your house fast in San Joaquin and Stanislaus county without needing to make any home repairs or renovations. Cash offers can help you sell your house quickly, for a fair price, without the need for repairs, or inspections. Selling a house on the market can be a long, costly and difficult process. Selling your house does not have to be.
If a cash offer is what’s right for you, Eric with ASDM Homes is here to help! We can give you a fair cash offer, help with all the legalities, and streamline the process to help get your home sold fast! Contact Eric today to find out what you can get for your home and how quickly you can get that cash in hand!
