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How To Sell a House That Needs Repairs

In a perfect world, we all want to put a house on the market that is in pristine condition. After all, how else would you be able to make the most out of the housing market and make the most out of your investment? 

Unfortunately, it doesn’t always work that way. There are always circumstances that might push you to sell your home as-is without any repairs. 

Should you make some repairs?

We understand that deciding whether or not repairs are needed is a dilemma. You may take a look at all the necessary repairs, tally up the cost in your head, and think there is no way spending this much money is a good investment.

In addition, if time is an important factor, you can’t sell fast if you plan on making repairs. So it all depends on your circumstances and how much of a return on investment you are hoping for. 

Big repairs

If you’ve decided to take your chances on the open market, then you’re gonna have to do some kind of work on your house before listing. Start making a list of everything that needs to be addressed, then put a number on each item depending on their priority. 

If you’re wondering what that priority list should look like, think about anything that could be flagged by an inspector and fail their report. This mainly includes big repairs such as your roof, water heater, electric panel, AC unit, pipes, etc.

If you’re trying to ensure the house sells fast and maximize your profit, prioritize big repairs.

Small repairs

Another approach is to only make small and cost-effective repairs while being ready to disclose whatever major issues the house has and be prepared to price it accordingly.

The idea here is less about trying to fix everything and more about improving the curb appeal of your home. These repairs are cost-effective and relatively easy for you to do yourself. They include a new coat of paint, a fresh caulk in bathrooms and kitchens, new lighting fixtures and outlets, or professionally cleaned carpet.

Know how to market

No matter what route you choose, knowing how to market properly is a must. If you’re only familiar with the conventional way of selling a property, putting a fixer-upper on the open market is a whole different story. You need to set yourself up for success, so make sure to speak to an expert who can help you market your home.

If it’s a fixer-upper, you need to keep the focus on the positive aspects of the house and how much potential it has. Even though it needs significant repairs, talk about all the great selling points of your property and what makes it a great investment for someone who is willing to do the work. 

The best alternative

Selling a house that needs repairs is a difficult process unless you’re willing to make some of the repairs yourself or hire a contractor. If you want to skip the headache and sell your house fast, sell it as-is to Simply. Request your free quote today. In just 30 seconds, we'll let you know if your home is the right fit for us.

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