A complete guide on what not to fix when selling a house.
It’s important to know what not to fix when selling a house, right? Some real concerns include:
These are 2 EXTREMELY valid questions when getting your house ready to sell. Let’s paint the picture (or maybe your house…?) You are going to sell your house. You want to sell it for more. Because of this, you are going to fix a number of things and skyrocket your profit, right?
Hmmm, I only wish it were that easy!
If you want to know what not to fix when selling a house – keep reading. Because if you keep reading this you will:
Does that sound like a good thing?
If you’re like me, you’re afraid the repairs will cost way more than the money you recoup. Does this sound familiar?
If you answered yes, you are not alone!
Research shows 7/10 homeowners worry they will fix the wrong things because they’re afraid they’ll spend more than it’s worth.
Just imagine making all those expensive upgrades and not getting your money back.
What Not to Fix When Selling a House.
This is a complete guide on what not to fix when selling a house in 2022.
Some of the benefits that you will get from this are:
So if you are looking to:
Sell your house or get cash for houses
Sell your house as-is for more money and skyrocket your profit
AND avoid spending cash fixing the wrong things
You will love the actionable techniques in this guide that is 100% FREE and UPDATED for the Real Estate Market of 2022.
Let’s get started!
Oh, I forgot to mention.
We include one ACTION ITEM you can, and must fix, every time.
MOST IMPORTANTLY even the most beginner handy person can do it!
Don’t worry, we have an instructional video to take you through each step of the way!
Your solution to sell your house fast for cash Denver starts right here. Selling to us is lightning fast because:
These 3 things combine to make selling to us turbo-charged fast!
Simply click the button below, and one of our friendly real estate experts will start on your cash offer immediately!
Follow this link for your solution to sell your house fast for cash. To learn more about how to get your house ready to sell keep reading.
This article is all about not spending money fixing the wrong things when selling your house. Because if you spend all that time and money you need to be sure you get your money back!
However, I really wanted to end it on a positive note because I don’t want you to lose hope. There are things you can do to add value when selling your home. Simple drywall fixes are one of them.
Jump to drywall OR Continue learning what not to repair if you want your profit margin to increase when you sell.
BUT, I thought it important to give
Less prep, get it done fast, perfect outcome.
Isn’t that what you want when your family comes over for Thanks Giving?
The same can be said when getting your house ready to sell.
AND that’s why it’s SO INCREDIBLY IMPORTANT you know what not to fix when getting a house ready to sell. Because when you fix the wrong things in your house it will cost you:
Selling My House was a Daunting Task.
I was incredibly anxious. The stress levels going through the roof! My parents even said I looked terrified
And, of course, I dreaded losing money!
I came to realize I was not alone. Homeowners across the globe were unsure if certain repairs would add value to their houses.
Maybe you are one of those people also asking what repairs I should avoid when getting my house ready for sale.
Avoid Costly Mistakes With This Expert Advice
We will cover homeowners’ biggest mistakes when prepping their homes for sale. Because then you too will avoid the same costly errors and make more money when you sell.
Fixing a house is just like cooking dinner.
Prepping your house to sell is like “fixing” a thanksgiving dinner for your family.
Picture of bird…
And that’s why they are the same.
What are your intentions when fixing up your house? To lose money?
Most of us make repairs before selling to increase the value, right? Sell faster and for more cash?!!?
And that’s why it’s important to know what not to fix when getting your home ready for sale. Because if you know what you shouldn’t correct, you will:
Shall we begin?
If you want to sell your house quickly and you want more money, you must avoid a significant renovation at all costs!
While a major renovation is tempting to get a huge profit, you could be shocked at just how much cash you will get back.
In the table below, you will see the updated information from across the real estate industry, highlighting the cost to repair versus the estimated amount of money you will recoup.
If you spend $28,000 upgrading your kitchen the value of your home will increase $19,040.
Therefore a kitchen remodel is something you do not want to fix when selling your house.
Cost to Renovate
Cash Value Increase
Return on Investment
Opening Up Wall to Improve Flow
Add a Bathroom
Starts at $30,000
A major bathroom renovation is another example where you will spend more cash than you make.
Therefore we can conclude that if you want to make money when you sell your house you should not do a major renovation.
The owner decided to fix the kitchen before selling. They spent almost $50,000 upgrading the cabinets and replacing the countertops. They bought all new stainless steel appliances and even re-textured the ceiling.
After the remodel was completed the property was appraised.
Can you guess how much the value went up?
The kitchen turned out super cute. Don’t you agree?
But they did not recoup all the cash that they spent fixing it up.
In fact, after spending $50,000 the value of the house only increased by $36,000.
Can you imagine spending all that time and money for that return?
I know I would be extremely disappointed, to say the least!
IN SUMMARRY: If you want to make more cash when you sell your house it is a bad idea to undergo a major renovation.
For the average homeowner, you will loose money every time.
Also, known as vanity repairs, these are the repairs that you have either:
Let’s dig in a little deeper to determine if these are items you should fix to get your house sold for more profit.
Every homeowner has a list of upgrades and things that need to be fixed in their house. I’m talking about repairs and home improvements like:
While it may seem like a great idea to knock these out when preparing your house to sell you have to ask yourself…
If I fix these things will it add real value when I list them? Will my house really sell for more?
“The problem with making any repairs in preparation for selling your house is that you can open up a can of worms,” said Patricia Stanborough, a professional home buyer in Washington DC.
“You start with the intentions of simply replacing the faucet, and the next thing you know, you are neck-deep in a full-blown rehab! Trust me, I have seen AND been there!”
There isn’t a higher-level vanity fix than doing it simply because you don’t want potential buyers to judge you.
It is understandable that you want to fix certain things to look good in the eyes of people. Trust me. I get it because I have been there too.
But I need you to read the following statement and agree with it EMPHATICALLY!
Selling your house for a profit IS NOT a personal popularity contest.
Instead, it’s about doing the smallest amount of work, for the biggest amount of cash.
Therefore, you need to put your pride, and tool belt away. Ignore all those little things you thing you should fix because guess what…
If you fix those things you will not recoup your cash. Thats a fact!
Some properties have issues that can’t be fixed. These flaws will guarantee it sells for less than other homes in the neighborhood. Some examples of items you just can’t fix include;
Some other issues a property may exhibit include:
People selling their homes, which has a major issue, will commonly believe they can get top dollar by fixing every other little detail. The mentality is, “If I fix everything and make my home perfect they will ignore the proverbial elephant in the room”
“Do not fall into this costly trap” said Steve K, a seasoned home real estate investor in New Orleans. “Some things just can’t be addressed and trying to hide them will only cost you cash that you will absolutely not get back. In situations like this, you have to price your house right, accept the best offer you can get, and move on. Besides, didn’t you get a great price when you bought it?”
I thought it prudent to touch on what a seller is required to fix when selling a piece of real estate.
Because there is a lot of bad information out there.
I recently read an article that said a seller must make any repairs that include:
But this is 100% not true. In fact, the only things a home-owner is required to fix and repair when they sell their home, are the things they agree to fix.
SO, do you know what this means?
It means that if you don’t want to fix anything you don’t have to!
And selling your house in this manner is called selling as-is.
Now don’t misunderstand me please.
These are all serious concerns that must be addressed in some manner. AND they absolutely should be in the purchase agreement and through the home inspection period.
The key is: How will they be addressed and who will make the repairs. This is something that can be negotiated.
Even though you aren’t legally obligated to fix anything when you sell your house (unless of course, you sign a contract that says you will make certain repairs) you absolutely ARE LEGALLY BOUND to tell potential buyers of any issues with your property.
This is part of real estate disclosures.
“Real estate disclosures vary from state to state, but the short of it is that, as a seller, you must let people know about any problems with the house”, said Keith of Kind Home Buyers, a Tacoma, WA based home buyer.
If you aren’t sure if you should disclose the issue then consult with a real estate professional.
If you are choosing to sell your house on your own (FSBO) then a good rule of thumb is this:
If you are wondering if you should disclose it then disclose it. because if you are found out to be hiding a known problem you could get a nasty fine!
AND that’s another way to reduce your net profit when you sell your house, right?
And if getting more cash when you sell is your goal, then do not lose hope, my friend. because there are many repairs, you can make and upgrades for your house that will catapult your cash profits.
The tricky thing is knowing which ones are worth it!?!
Once you know what you should not fix if you want to maximize your profits when you sell your home, I highly suggest you read this incredibly informative guide on what you should fix when selling a house if you want to pay less and profit more
We have already covered the return on investment (ROI) with large-scale construction projects and home improvements of the “Glamor Rooms.” We’re talking about the kitchen and the bathrooms.
And we all agree you must not make significant repairs on those. If you take on those, you will be flushing your hard-earned cash down the toilet!
Now we bring in the real estate gurus for some more intricate details.
We will discuss smaller projects within those rooms. For example:
Here you will find 10 excellent tips on the finer points of preparing your house for sale AND what not to fix when getting it ready for market.
Shall we continue?
What if I just replace the faucet. Will I get my money back then?
OR even better, will the price of my house increase?
Making minor repairs or small upgrades on the kitchen will more often than not cost more time and money than it is really worth.
Let’s talk about repalcing your kitchen faucet.
A nice kitchen faucet could cost you $100 or more! Next, you need to install it or pay someone to do it for you!
“I have seen many clients and home owners put in a fancy new faucet only to be disappointed with the returns,” said Aaron of Money Team Properties, a trusted home buyer in Detroit, MI.
“Right from the get-go, you are introducing a brand new item into an older style of property. The aesthetics can be quite displeasing. AND not only will the value not increase but the disjointed nature of the “UPGRADE” may leave potential buyers with a bad taste in their mouths.
Replacing your kitchen faucet is not a good investment at all when you are getting your home ready to sell.
Lets’ talk about refacing cabinets at the same time as talking about repainting them
Is there money to be made by making these fixes?
What is refacing cabinets versus repainting?
Refacing kitchen cabinets typically refers to replacing all of the doors. Giving them a new face. Think of it as plastic surgery for your kitchen cabinets.
Repainting them is a little more obvious. But a whole lot more work. And the work gets more complicated the older the cabinets are because the older the cabinets, the greater the build-up of grease and grime.
What does the expert say about repainting kitchen cabinets? Is it worth it?
We talked to an expert home buyer in San Diego, Tim Gordon, who stated, “I choose not to repaint old kitchen cabinets. It’s extremely difficult to get them to come out looking professional. Often the result doesn’t add any value at all. From my experience, it costs way more than it is worth. It is not a good return on your investment at all!”
He continued, “Typically, if the kitchen cabinets need to be upgraded we will tear them out completely. However, this is a major undertaking. It can end up costing tens of thousands of dollars. And if you do the upgrade wrong, like putting the wrong color, or damage the cabinets when installing, you can lose a lot of money!”
Jessica Holmes of Mile High Interior Designs had this to say about replacing your cabinet doors.
“While it can look fabulous, the return on investment is pretty much a wash. Maybe the value of your home will go up by 1 or 2 thousand dollars, but it will cost you at least that much to make the upgrades. If you are looking to fix things that you can profit from, then do not simply replace your cabinet doors.”
Here’s a good idea. Why don’t I put a fancy new vanity in my bathroom? That way I can list my house with a remodeled bathroom. Surely that will make the price go up!?!
Will a minor renovation allow me to sell my house for more money?
While a minor renovation may seem like a good idea I think we need to consult the experts before spending some of your hard-earned money.
Because otherwise, it’s just like gambling.
In fact, as we already discussed most major renovations return roughly 50-60 cents on the dollar. Las Vegas pays out way more than that!
Will I increase the value of my house if i replace the vanity in my bathroom?
The experts call these types of repairs “PARTIAL ROOM REMODELS” or halfway repairs. And we are going to talk about the PROS and CONS of them now.
There are some obvious benefits to performing a minor renovation over a major one. BUT before we reveal what you should not fix I have to remind you…
YOU MUST, AT ALL TIMES KEEP YOUR EYES ON THE PRIZE.
By this I mean, what are you hoping to achieve by fixing things before you sell?
For most of us, we are fixing it up to add value, sweat equity, get higher offers, faster, and sell for top dollar, right?
Because of this, you must read these benefits with a grain of salt. For example, a minor renovation is much faster than a major renovation.
BUT who cares if you still don’t get your money back, right?
Here are some more benefits to doing a minor remodel when getting your house to sell compared to a large one.
BUT WHAT ABOUT THE CONS?
Spending a few minutes asking questions about what not to fix when getting a house ready to sell could help you avoid some huge, AND COSTLY, mistakes!
Step by step video to help you repair drywall, sell your house & recoup all the cash!
With a COMPLETE Step by Step video below!
There is one item that any homeowner can and should fix any time they are getting a house ready to sell.
This is something any handyman or woman can do. This home improvement does take a little patience. However, the materials are cheap and the results are truly transformative.
Making this one repair can be a complete dive into a sellable property.
Are you ready for the challenge?
JUMP TO VIDEO OF ME FIXING A HOLE IN THE CEILING.
We have spent so much time on things you should repair if you want to make money on your house. I figure I should give you a GEM of a pro tip that you should do.
Holes in drywall can be caused by a number of things. Most commonly they are caused by door handles hitting the drywall.
OF course, prevention is ALWAYS, better than a cure. SO if you have any doors without doorstops, I highly recommend you fix that NOW by installing them.
Doorstops can be installed in a matter of seconds. The cost is next to nothing. It is an investment that is absolutely worth it because repairing drywall costs a lot more and takes longer.
BUT DRYWALL REPAIR IS A SIMPLE FIX YOU CAN MAKE THAT WILL MAKE YOUR HOUSE WORTH MORE.
You will absolutely recoup all the money you spend AND MORE!!!
TOOLS YOU NEED TO FIX DRYWALL:
Here’s a few other great tips and resources on how to prepare your house to sell.
AND do you want to know the best part?
These are things anyone can do and they wont cost an arm and a leg.
In-fact, EVEN BETTER< they will make your house worth more. You will absolutely re coup all your cost outlays.
You can sell your house without fixing it up. This is called selling your house as-is. Selling your house as-is can be a great option if:
There are many other benefits to selling your house in “AS-IS condition.
A super clean house, the result of a deep clean, will sell your house fast and it will sell for more. THAT’S A FACT!
Some real estate agents have been heard to say that a clean house will sell for $5000 more than the same house if it were a mess!
AND considering a professional deep clean can cost as little as $250 that is a return on investment you can not ignore!
ENTER YOUR EMAIL BELOW TO GET YOUR FREE PRINTABLE AND DOWNLOADABLE HOUSE CLEANING CHECKLIST.
Instead of trying to decide if you should fix your house, and potentially not get your money back, maybe you should consider selling it for cash to a home buyer like WeBuyHousesinDenver.org.
Of course, selling for cash is not for everyone because you might leave money on the table.
BUT WHAT IS WORSE?
Wondering if you left money on the table OR
FIXING SOME EXPENSIVE THINGS IN YOUR HOUSE AND NOT GETTING YOUR MONEY BACK?!?!
My Dad always used to say:
“Better a bird in the hand than 2 in the bush.”
This is how that saying applies to selling your house.
You have 2 options when selling:
Of course, I can’t make the best choice for you. That’s up to you. You need to weigh up the pros and cons of a cash sale. You need to hash out what makes sense to fix or not.
Let me finish with these 2 things.
MAKE SENSE? AND HAPPY SELLING!!!
WeBuyHousesInDenver.org is your solution to selling your house, even if it doesn’t have a stove because as Denver’s number 1 cash home buyer we will buy any house in any condition so if you want a cash offer on your property simply give us a call or fill out an online form and our team of experts will get to work, quick smart, to help you get your house SOLD!
WeBuyHousesinDenver.org buys houses as-is for cash. This means you sell your house:
Selling your house to Denver’s best cash home buyer starts with a fast and free cash offer which you can get right here. When you contact us our Denver specialists will ask you a few questions, run comps, and then draw up a cash offer to purchase your home.
We are expert home buyers in Denver and all of Colorado. Our mission is to make selling your house with code violations quick and painless. PLUS, the best part is we will give you a fair offer, Denver! We Buy Houses In Denver is here to give the people of the Mile High city the best-selling solution.
BENEFITS FOR YOU WITH OUR PROVEN PROCESS:
When you sell your house to us, there are:
NO Fees, and we cover all the typical closing costs.
NO Stress because you know what is happening at all times – you are in control!
Sell your house fast and for easy cash.
Sell your home as-is (no repairs)
Pay nothing out of pocket
Sell fast – you pick the closing date
Sell for cash – no bank fees or financing delays
100% Free – no cost and NO STRESS!
This is how selling a house in Denver should be!
Fill out the form to get your no-obligation cash offer today from Denver’s best cash home buyer.
Our friendly specialists are ready to work for you. Get your 100 % FREE, no-obligation cash offer TODAY!
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