Question: We are getting our house ready to put up for sale in the next couple of months. I let the lawn go last summer and fall (thinking it would rain, which it never did) and now it looks like I probably need to re-sod the whole yard, or at the very least the back yard.
My question is, should I go ahead and have this done now (I’m not even really sure how much it costs) or just put the house up for sale with a not-so-great looking yard and be willing to drop the price a little if someone who wants to buy the house asks about it?
Jeremy‘s Answer: You’re almost always better off spending the money to make it look good now rather than dropping the price to make up for it later. Not only are you dealing with the initial curb appeal of the home, but you’re also keeping your home in the category of homes that are “move in ready” rather than homes that need work.
Most buyers don’t differentiate much between a house that needs $2,000 in sod and some paint compared to a house that needs $10,000 in new carpet, a new roof, and some plumbing repairs. The bottom line is that neither home is turnkey – they both need work.
In todays market we have plenty of homes for sale that need work. The only way to sell your home for a decent price in this market is to have your home in turnkey condition – ready for the buyer to move in as soon as they get the keys. If it’s not, you’ll be undercut by bank-owned properties or short sales all day long.
If you want to take this a step further, you can even have your home pre-inspected to assure them of the condition of the home. Most buyers prefer to buy a worry free home that doesn’t need work so anything you can do to help them in this regard will help sell your home faster and for a higher price.
Jeremy Isaac is a Colorado Springs Realtor at The Circa Group at RE/MAX Properties and is the “husband of Springs Bargains”. You can search Colorado Springs homes for sale on his website, with no registration required!
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