When we decided earlier this year to sell our home and downsize, we faced the immediate decision about how much work needed to be done to get the place market ready.
While no one would accuse us of being “house people,” we’ve taken pretty good care of our home over the years. Mari re-designed the kitchen three years ago. Last year, when our service technician told us that he wasn’t going to waste our money or his time and declined to do annual maintenance, we replaced our furnace and water heater. The roof has been an on-going project for us. The oldest sections are 10 years old.
Those are probably the three big items on a buyer’s check list, so that left smaller projects to complete. As a result, we had our home ready to sell in about a month, typical of most recent sellers.
According to a survey from realtor.com: “With many homeowners expecting a quick sale, and in many cases a lack of contingencies, the preparation process took less than a month for over 50% of home sellers…with 20% completing it in less than two weeks.”
Of course, each situation is different, and knowing what repairs or updates your house needs to stand out is critical.
In today’s market an older furnace or roof is not necessarily a draw back. But, if a home inspection discovers a tag on your furnace from your service technician that says “needs to be replaced,” you can probably expect your potential buyer to ask for money off the final purchase price.
To see some of what we did, please check out this episode from our series “Mari Makes the Move” on our YouTube channel. (Our home quickly went under contract after two busy Open Houses.)
Curious about your options, but maybe a little worried about the time it’ll take to get your home ready? Let’s connect to 508-360-5664 or email@example.com. We’re more than happy to answer your questions.
Remember: we’re selling and buying, too.
Have a great week!
Mari and Hank