5 things to fix before putting your home on the market - Addisons Advisory Group

5 things to fix before putting your home on the market

When the time comes to sell your home, particularly if it’s an older property, the last thing you want is potential buyers making a list of the things they’ll need to fix if they purchase it.

Those barriers, however small they may be, could be the difference between having a few extra bidders at auction to help drive up the price and those same potential buyers walking away because they don’t want to play Mr. Fix-it once they move in.

Here are five things you should consider fixing before putting your home on the market.

The first impression
Selling homes is often a numbers game. The more people you get through the door, the more likely you are to sell and the higher the price is likely to be. Therefore it’s important that the property makes a good impression on people as they arrive, or drive past.

If you turn buyers off before they even get in the house, it’s going to be a lot harder to sell, that means fixing fences or giving your front door a fresh lick of paint. These tasks often take less than four hours, so there’s really no excuse for presenting a home with a shabby exterior.

If you’ve got fences that are broken or falling over and things like that, just fix them and straighten them up. They’re always a big issue for buyers.

The walls
It’s cheap, it’s relatively easy and it’ll almost certainly pay for itself, come auction or sale time – a fresh coat of paint to fix any blemishes or a tired décor will make a world of difference.

Walls with marked, chipped or damaged paint are very noticeable to buyers and need to be remedied.

Ideally you would paint both inside and outside, because peeling paint is quite common and even though it’s just peeling paint, some people can mistake it as a leak or damage. Sometimes the ceilings internally don’t need it, but usually you would just freshen up the whole house. For the cost involved, you may as well paint the whole thing.

The floors
How’s your carpet looking?

If it’s significantly worn, stained or damaged you should consider either replacing it, or pulling it up if there are floorboards beneath.

If the carpet isn’t in great condition and there are floorboards underneath, that can be quite an affordable option, because you won’t be paying for materials, just labour, because you’re just ripping up the carpet.


Potential hazards
Over the years you’ve probably learned to avoid that rogue paver or brick that sticks out slightly from your garden path. In fact, you’ve probably forgotten it’s there. However first-time visitors to your home will almost certainly find a way to trip on it. With that I mind you should fix anything that could trip or impede people as they walk through the house.

Looking at the safety issues is one of my biggest concerns. You don’t want people walking through and tripping over anything, gardens and pathways, as you’re walking up to the front door, if someone trips over a paver that’s raised a little bit, that’s going to be in their head.


The roof
Leaks or missing tiles will be among the first things that are picked up in a building and pest inspection, so if you know there are issues there, get ahead of the game and fix it now.

If the roof is in poor condition and there are missing tiles or leaks or anything like that that people always thought they’d get fixed, this is a good time to do it, that’s usually the biggest red flag that does pop up.

 

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This article provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances. All loans are subject to lenders terms and conditions – fees, charges and eligibility criteria apply.