When you’re preparing your home for sale, you obviously want your property to look its best for buyers. That means fixing things that are broken, and, possibly, making a few improvements.
But, how do you decide whether to invest in fixing or improving something versus just leaving it as is?
Say, for example, the walls throughout your home are a bit faded. (They’ve gone through a lot of living!) You can get all the dents and holes filled and repaint the entire place. That would definitely make a huge difference in how your property looks to buyers. Or, you can choose NOT to do that project in the hopes your home will “show” well regardless.
There are a few things to consider before making that decision:
- How much will the fix or improvement cost?
- How much better will your home look to buyers?
- Will the fix or improvement help sell your home faster?
- Will the fix or improvement help sell your home for a higher price?
Once you have those answers, you’ll be in a much better position to make that decision.
By the way, painting is almost always a smart move when preparing your property for sale. The impact can be dramatic, and the cost is relatively low.
Debbie Tsintaris is a LOCAL REALTOR® in the Waterloo Region offering expert real estate services in Waterloo and surrounding areas in Southwestern Ontario.
