Can I sell my house in Sun Valley, Idaho as-is, even if there are known defects?
As we enter our third year of a red hot real estate market in the Sun Valley area, buyers and sellers continue to adjust their market strategies.
Our record low inventory with continued buyer demand puts sellers in the driver’s seat.
Do I need to spruce up my home to achieve top dollar?
Depending on the price point of your home and the location, it may be worth it to invest in staging and simple repairs. If your property doesn’t have any competition and meets a criteria that is in high demand, it may be best to sell as-is.
Don’t be too greedy selling your home…
Sellers still need to be aware of potential safety issues within their homes in Sun Valley, Idaho including mold and radon which need to be addressed. If there are major structural repairs such as a leaking roof, you should consider repairing those as well.
It may be worth decluttering your home or painting…
In some cases $10k spent improving your home can increase your selling price by $25k. Buyers are willing to pay a premium for updated and turn-key properties. Due to labor and construction prices, buyers can be hesitant to take on a property that requires repairs.
How to sell your home as-is
Disclose to all buyers you are selling your home as-is within the marketing material. A buyer may still request an inspection, but your agent can set the expectation that no major repairs will be made.
Sellers must disclose all known defects to buyers. As a seller, it can be a good idea to complete a pre-inspection of your property. You can share your inspection report with all potential buyers.
Common Home Improvements
These are the most common big ticket items that buyers may want addressed when purchasing houses in Sun Valley, Idaho.
- Replacing the roof
- Updating the electrical panel
- Installing a new water heater
- Addressing mold and radon
Easy upgrades to sell your home fast for top dollar
These tasks may help you bring top dollar for selling your home. Most of these items can be tackled in a weekend before putting your home on the market.
- A fresh coat of neutral colored paint
- Caulking in bathrooms and kitchens
- Improving lighting and ensuring all bulbs are working and matching
- Professionally clean carpets and windows
- Declutter and partially pack away personal items
Call us today to set up your first appointment in the Sun Valley area: (208) 721-4131
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