Selling a home is a big decision, and one of the most common questions I hear from homeowners is: “Should I make repairs before putting my home on the market?”
After more than 25 years in the banking and mortgage industry, and 15 years running Premier Mortgage Consultants, I’ve worked with countless buyers and sellers who have faced this exact dilemma.
The answer isn’t always black and white—but understanding the pros, cons, and strategic considerations will help you make the best decision for your situation.
Why Repairs Might Be Worth It
1. Stronger First Impressions
Buyers often form their opinion of a home within minutes of stepping through the door. A leaky faucet, chipped paint, or worn-out flooring can make them question how well the home has been maintained. Making simple, cost-effective repairs can increase confidence in your property.
2. Higher Sale Price
Even minor updates—like fixing broken tiles, replacing dated light fixtures, or patching drywall—can help justify a higher listing price. Buyers are often willing to pay more for a “move-in ready” home.
3. Smoother Negotiations
Homes that need obvious work often invite lower offers or long inspection reports filled with repair requests. By addressing issues up front, you reduce the likelihood of costly renegotiations.
When It’s Better to Sell As-Is
1. Major Renovations May Not Pay Off
Large projects, like remodeling a kitchen or replacing a roof, can be expensive. Depending on the market and your neighborhood, you might not recoup the investment.
2. Time Constraints
If you need to sell quickly due to relocation, downsizing, or financial reasons, spending weeks on repairs could delay your timeline.
3. Investor Buyers
In some cases, your best buyer may be an investor or flipper who actually prefers a property in need of repairs. They factor renovation costs into their offer and don’t expect a “perfect” home.
My Advice
Focus on repairs that are cost-effective and improve buyer confidence—things like fixing leaks, repairing drywall, replacing damaged flooring, or refreshing paint. These small investments often deliver strong returns.
For bigger ticket items, such as a roof replacement or full kitchen remodel, consider whether the expense will truly increase your selling price or if it’s better to adjust your listing price accordingly.
Every home—and every seller’s situation—is unique. That’s where having the right guidance matters. At Premier Mortgage Consultants, we don’t just help with financing; we help you think strategically about your biggest investment.
Final Thought
If you’re preparing to sell, don’t stress about making your home perfect. Instead, focus on smart, targeted repairs that remove red flags for buyers. That balance can help you sell faster, avoid complications, and maximize your net proceeds.