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mary_md7

Changes/replacements (or not) before selling

7 years ago

We anticipate selling in 2020. I know there are differences of opinion on the extent of changes or replacements before selling. Repairs are a no brainer -- some drywall repairs are needed, and some second floor subfloor issues.


We will have the whole place painted. The carpet was put in by the seller I bought from I 1996, and while I realize some say don't replace carpet because some sellers will just pull it out, I will replace it. After 22 years it isn't looking good and I don't want a negative impression from that. Besides, we have some very annoying squeaks in the subfloor in a bedroom and another bedroom with a "divot" suggesting that two pieces of subfloor have separated, so we'll have to fix all that.


The hardwood in the area going from the kitchen through the dining room to the back deck is showing a lot of wear, and rain and dirt get tracked there. Yeah, I could have put more rug coverage down. There it is, and I think we'll refinish that area. The rest of the first floor hardwood looks good, but there is a question of whether that area will look different from the rest, so maybe


The roof is 24 year old (2 years before I bought) and we'll have it inspected this spring. Personally, I would be leery of a townhouse with a roof that old. It may be a good marketing approach to just replace the roof?


Others include a brass Williamsburg-type chandelier in the dining room and a basement level powder room that hasn't been renovated since the place was built in 1987 (other baths and the kitchen were done already). Not doing the powder room. But the a few light fixtures here and there are possible.


Some feedback on each of the above would be appreciated. (Since we will buy a retirement home with significant overlap. we can declutter into the new home, so that task will be taken care of.).


Thanks.


Comments (9)

  • 7 years ago

    Honestly, my crystal ball isn't working this morning. But I'd talk to a few good local realtors before you lift a paintbrush. Real estate is all local. In some locations, buyers expect the moon, stars and a few planets thrown in. In other areas, sellers are more prone to want to do their own work, and would rather get a lower price instead of carpets they'll tear out right away. Only your realtor knows what's happening where you live.

  • 7 years ago

    I think what you've mentioned is reasonable to give the best impression to a buyer and are all things I've done before selling a home and so far all mine have sold in the first few days of listing including one before even listing it. However if you are in an area with no inventory then you might be able to get away with less.


    The things I'm not sure I would do at all out of your list is refinish the floors. I'd see if one of those restore finish things works first, and just try to make the wear minimized.


    I would also skip doing any light fixture replacements unless it detracts from the space. Brass is becoming in again and it is something that can be very taste specific anyways and something easy for a buyer to replace to their liking anyways.


    Not doing the powder room is fine too. It is a small space and if that is a sticking point then it is likely your buyer is not serious about the purchase anyways.


    The one thing about doing these things yourself such as the roof vs. it becoming a negotiating item is that you already pick the price to pay and the type etc. You choose who does the work and you have more control than if it becomes a negotiating item. A buyer may want 30 year shingles and have a specific company they want to do the work and you to pay for it. You doing the replacement ahead of time means there is no negotiating happening about it at all. Also a buyer tends to overestimate the cost of doing something and will likely deduct that from their offer so if one can afford to it is an easier sale to address items before listing.

  • 7 years ago

    Another thing to consider is that looking a year into the future isn't easy. Will there be a glut of inventory at that time? Or very slim inventory? How's your crystal ball. I'd put off doing a lot of that work until you're getting ready to sell, but still talk to a few realtors now.

  • 7 years ago

    Many thanks for all the input. The Mister sold a condo last year about 10 miles away, I can talk with his agent. And one of our neighbors is an agent.

  • 7 years ago

    The best thing to do is to start gathering all the estimates. What would it cost to replace carpet vs hardwood then ask your realtor- change it or credit the buyer. In our market, a buyer would rather have a credit for hardwood then have you put in new carpet which they most likely would rip out. Roof, get an estimate(s) so you can do it or pay to have it done. 24 years- it will come up in an inspection and I'd be prepared to deal with it. You can buy yourself some immediate interest and a stronger offer if you do it. Ultimately you would at least know how much you are looking at before you get started


  • 7 years ago

    I would consult with a realtor, of course, for the best placement in the market. That said, I believe even some experienced buyers will only look at decorative stuff and not windows or roofs.

  • 7 years ago

    getting an inspection (which many, many buyers do) will bring up the condition of the windows and/or roof.

  • 7 years ago

    We will have a roof inspection done in the next week or so. The windows were replaced 8 years ago, so that isn't a concern.