Are you thinking about selling your home? If so, it’s important to make necessary repairs to your property before you actually put your home on the market. If not, you risk having your home's value suffer, and you'll receive nothing but lowball offers on your home. Even worse, your home might be presented to buyers as a "fixer upper" or "handyman's special", and that's almost a guarantee that you'll make no profit on the sale of your home. However, if you fix these three key issues that could be dragging down the value of your home, you might be able to recoup your money through a significant return on investment.
3 Key Issues To Fix Before Selling Your Home
Pest InfestationIf you have problems with pests such as insects and vermin, you'll need to sort it out before you put your home on the market. Not only will a pest problem be noticed during the home inspection, but by law it must be disclosed to buyers. If your infestation is too serious to be handled on your own, it's best to call in an exterminator. A reputable exterminator will have experience dealing with your issue and will know how to eradicate it swiftly and properly.
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Damaged RoofYou should be performing regular maintenance on your roof anyway, but if you haven't, now's the time to do so. Check for loose and missing shingles, holes and leaks and, of course, clogged gutters and downspouts. If you're scoffing at the idea of spending money on a new roof, know this: According to Remodeling Magazine’s 2013 Cost vs. Value Report, a new roof increases a home's resale value by a national average of nearly $12,000.
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Poor InsulationMaking sure your home is properly insulated is an important factor in reselling your home. Buyers are looking for homes that are energy efficient, and that includes older homes as well. If there are parts of your home that need insulation, consider using kraft-faced insulation. It's relatively easy to install and is rather affordable. Kraft-faced insulation comes in batts and long rolls and are precut to fit into cavities on standard 8-foot-high walls and are perfect for roofs, ceilings and even floors.
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These are just three issues that you should address before selling your home. Check out these blog posts for more great advice on what to do before you sell your home:
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