Issue link: https://nest.uberflip.com/i/1313989
6 How much will you realistically need to lower the price if you don't fix it? If you have a lot of costly repairs to tackle to get your home ready to sell, you may be considering selling it as is. But keep in mind that buyers looking for a fixer-upper will also be looking to discount the selling price for the repairs plus the hassle. In other words, you won't be able to simply estimate how much the repairs will cost and deduct that from the selling price; you'll need to deduct even more to make it worth the buyer's time and effort. Discuss this with your Realtor and look into other fixer-uppers for sale in your area to come up with an appropriate selling price. 7 Is it one of the first things potential buyers will see? First impressions are key, and that is never more true than in the real estate business! If you have a repair you are unsure about tackling, use this as a litmus test: Is it something the buyer will see as he or she approaches your house and walks through the front door? If so, fix it. 8 Could it be a deal breaker? Some home repairs, like a new roof, are just so major that they will scare off all but the most determined buyers. If the market in your area is hot (see No. 1) and you have ample time (see No. 2), there's no harm in trying to sell without making the big repair, as long as you are willing to price it accordingly (see No. 6). If it's a buyer's market but you don't have time to make the repair before listing, you could offer to pay for it as part of the sales agreement — otherwise it's probably best to make the change first and then put your home on the market. With a little forethought and research you and your real estate agent can determine the best route to take for a fast sale at the highest price, with the least amount of stress.