Monday, February 4, 2019

3 Repairs That Add Home Value When Selling

Submitted by Katherine Katches, Sierra Pacific Real Estate

Considering selling in 2019? Here are 3 repairs you can start making now to help enhance the sale of your home! With a combinations of these 3 repairs, good staging, a top-notch Realtor and appropriate pricing your home is sure to sell quickly!

1. Fix flooring flaws. “Scratched-up wood flooring, ratty, outdated carpeting, and tired linoleum make your home feel sad,” the HouseLogic article notes. “Buyers might take one step inside and scratch the property from their list.” Most buyers don’t want the hassle of replacing carpet and may not accept a credit to cover the cost after the sale, Haynie says. When refinishing hardwood floors, for example, homeowners can expect to spend an average of $3,000 but recoup 100 percent of that cost at resale, according to NAR’s 2017 Remodeling Impact Report.

2. Repair water stains. The home’s plumbing issues may have long been resolved, but leftover water stains will mislead buyers into thinking the problems still exist. First, double-check that the problem truly is fixed, and then make any needed repairs to the walls or floors. Water-stained ceilings can cost about $670, on average, to fix. Drywall costs about $1.50 per square foot to repair.

3. Touch up the grout. Yellow or cracked grout can be a turnoff to buyers. New grout can make old floors look revived. “The best return-on-investment projects before selling a home involve making a home look like new,” Shelton Wilder, a sales associate at Berkshire Hathaway HomeServices in Los Angeles, told HouseLogic. Bathroom re-grouting costs an average of $1 to $2 per square foot, increasing to $10 for more complex jobs. A cheaper alternative is to have them professional steamed clean.

Sourced from: https://magazine.realtor/daily-news/2019/01/07/3-home-repairs-that-can-save-a-sale


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