Should All Possible Improvements Be Made To A House Before Listing It For Sale?


Should All Possible Improvements Be Made To A House Before Listing It For Sale?
By Scott Rogers • April 24, 2019
Should All Possible Improvements Be Made To A House Before Listing It For Sale? Maybe, maybe not. Selling a house (from an over-simplified perspective) comes down to price, condition and marketing. When we first meet to discuss your house, one of the things we'll discuss is the current condition of your house and whether there are improvements, repairs or upgrades that could be made to better position your house to sell in the current market. So -- should you, as a seller, make ALL of the possible improvements to your house before we then list it for sale? It depends. Here are a few types of repairs that probably won't make sense to make... Slow Improvements -- If it will take 60 days to accomplish some of the items, it may not make sense to wait that long to list your home, depending on the current time of year, and what the particularly slow improvement is. Elective Improvements -- If some buyers will find a particular improvement or repair to be essential, but others could care less, then we probably won't want to spend the money (and time) to make that change to your house. Net Loss Improvements - Sometimes you can spend $500 to make a repair or improvement to your house to result in selling it for $2000 more. Sometimes a $500 repair or improvement won't increase the likely sales priced at all. Thus, many of these net loss improvements (cost more than the value increase they provide) will not make sense to pursue. In the end, it's complicated -- and it depends on the time of year, market dynamics in your price range, and many other factors. If you're getting ready to put your house on the market, don't slow down and blindly make ALL possible improvements, but also, don't expect that you won't have to make any. Let's meet to develop a game plan that makes sense in the current market and given your circumstances and priorities. Receive Updates by Email Recent Articles: Is There A Price You WOULD Pay For This House? There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 24, 2024 (unless otherwise noted).
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