Leading 5 Finest Strategies to Make a House That Needs Repairs More Appealing to Purchasers
Selling a property is not as easy as it seems. You can probably get an agent to list it and handle all the hassle, but chances are you’ll lose a good chunk of money if it’s not in good condition. And a lot of potential buyers too.
While a lot of people prefer their new houses to be in good condition, some others would rather have a raw building to customize themselves from scratch. The latter is a lower category though.
Curious how to sell my house fast for cash if it needs repairs? Here are some useful strategies to make it more appealing.
Reduce the Drama
The more repairs your house needs, the more people will haggle. A bit of drama here, a bit of drama there, all these things will cut into the asking price. Therefore, try to reduce these repairs to a minimum.
If you can clear the garbage or give the front door a fresh lick of paint, do it. If you can fix a wall for $50, rather than having to cut $1,000 on the house price, go for it. Small repairs are doable, while the large ones could be left to the new owners.
Fix the Landscape
The interior isn’t everything when selling a house. The outside is just as important. A clean and neat landscape will add to the overall price of the property, so it requires just as much attention. Redoing the exterior could cost thousands and if it’s in bad condition, someone will definitely pick on it.
You don’t have to spend a fortune on sorting the landscape. Get rid of all the junk. Remove all the weeds. Mow the grass. Get some flowers and plant them by the fence. If there’s a big hole, grab a few bags of soil and fill it up, then throw in some grass seeds.
Do Minor Upgrades
Minor upgrades can and will add to the price of the property. Moreover, they could tell the new owners that there’s much less to worry about. For example, if you have rusty locks, replace them. Cranky handles on your cupboards? They’re super cheap to replace.
Moldy sealant in the bathroom? Window sill cracks? All these things make excellent DIY projects that will add to the price. Or better said, they won’t force you to go too low.
Declare Big Repairs
Declaring big repairs will reduce the hassle. You’re legally required to do it anyway. This way, potential buyers will know upfront what they have to invest in. It won’t necessarily add to the price, but it will help your property sell much faster, especially when potential buyers have all the details.
Take It Further
If you’re not in a rush, you can also get a renovation loan with a low interest and sort everything out. You can get the walls to look great, replace a few things in the kitchen or bathroom, upgrade the doors, and so on. A few bits here and there will make the property look like new.
If the house looks ready to welcome new people without any actual repairs, you’ll sell it much faster despite the time needed to renovate it.