What You Can Do With Your Louisville Home Needing Expensive Repairs

One of the best things you can do to make a good first impression on any buyer is by investing in your property’s curb appeal. You don’t have to spend a lot on landscaping. In fact, by simply making sure your lawn is clean and easy on the eyes can do wonders on your home’s value. According to some studies on real estate, landscaping and curb appeal can directly impact the value of your property by as much as 12%.

If your home is in dire need of repairs but you don’t want to fork out a lot of cash to have a bigger return on investment, you should at least focus on minor cosmetic fixes that could beautify your property. Minor cosmetic fixes like repainting your entire house, replacing that broken tile, or switching out light fixtures for newer ones might just increase the sale value of your home. These minor cosmetic repairs will go a long way toward improving your property’s appeal to your prospective buyers because it will look “new” instead of boarded-up and dated.

Another way you can still profit off of your property despite it needing a lot of repairs is by selling it in as-is condition. Selling your Louisville house in as-is condition simply means you’re choosing to sell your property without making any repairs. Your buyers know upfront that you won’t be making any major renovations to the property-what the buyers see is what the buyers get. However, just because you’re selling your home in as-is condition doesn’t mean your buyers can’t request for a home inspection. They can, and you are legally required to disclose everything found on the inspection report. Keep in mind that when you’re selling your home in as-is condition, you’re likely going to get a selling price lower than fair market value.

If you don’t want to make repairs on your property, there’s another way you can make your home more appealing. This is by marketing it to the right buyers. Focus on your property’s strongest selling points. While your home might not be in top condition, it might be situated on a wide piece of land or near school districts and business districts. Use these unique selling points to your advantage and still land a great deal on your fixer-upper.

Another thing you can do with your home needing expensive repairs is to price it right in order to attract more outright buyers. Before having your home listed for sale on the MLS, you should have done your research regarding home values. Of course, a home below average condition should be priced below fair market value. You should compare your homes with other as-is house listings in the area and price your property accordingly.

Of course, if you’d rather not exert all that effort into selling your home yourself, you can always choose to sell it to a cash homebuyer in Louisville, KY. With a cash homebuyer, you can expect a speedy, efficient transaction with cash. For instance, here at Rylo Homes we’ll buy your home regardless of the condition it’s in. You don’t have to worry about hidden fees, realtors, and expensive repairs.