Homes need constant upkeep to keep them looking amazing, but if your house is at least a few decades old, expect it to show signs of wear and tear. If you’re planning to sell an older home that’s not in perfect condition, you might want to consider making home renovations first to improve its selling price.
However, before you make renovations, don’t forget to plan according to your budget, your goals, and the extent of repairs needed. First, take a look at the categories of poor home conditions to help you assess your property and determine the extent of repairs or renovation needed.
Categories Of Poor Home Conditions
If you’re selling a house in poor condition, do a quick overall inspection to see how ‘poor’ it really is. Here are the three categories:
- Uninhabitable – This refers to a house that has serious plumbing and electrical problems, mold or termite infestation, non-functioning HVAC systems, or extensive roof damage.
- Fair Condition – Shows obvious signs of wear and tear, which commonly includes foundation issues. It also usually has an outdated or broken kitchen and bathroom fixtures and tiles.
- Old But Good – Older homes that still have a solid structural foundation but could use some general minor repairs. This home can have overgrown or dead landscaping, dirty floors, dirty or peeling paint, and dirty interiors.
While you can sell any home as-is, you can also make home renovations and improve its resale value significantly.
If you prefer to do repairs and renovations, here are 5 home renovation ideas you can add to your “to-do” list before you list your home. When you tackle these jobs, you’ll make more money when you sell your home!
It’s important to command the best dollar for your renovation budget. This is because home buyers want to see amenities and upgrades, and a lot of them. As the housing market is hot right now, you must deliver what they want! In the long run, you’ll get your money back and more!
5 HOME RENOVATIONS THAT ARE IMPORTANT BEFORE SELLING YOUR HOME
Most homebuyers expect a fabulous kitchen. Give it to them and they’ll offer you more money.
Make your master suite feel “master-worthy.” While a full-scale remodel may not be necessary, homebuyers want a clean and relaxing space to unwind after work.
Buyers want storage space for their things. If your closets are over-stuffed, give them a closet makeover. Organize and add shelving to make the closets this much-needed update.
The second most important space, after the kitchen, is the bathroom. Buyers want to move right is without the trouble of a renovation.
Last but not least, buyers want the convenience of a well-planned laundry room.
If you complete the renovations before you list your home, buyers will be pleased.