subject: Should You Fix Up Your Cape Verde Property Or Sell It As Is? [print this page] This is a complicated question, and the answer will really depend on how many repairs your home needs, how much you are hoping to sell it for, and the current housing market. The disadvantages to fixing up your Cape Verde property before you sell it is that you might spend a lot of money on the repairs and that amount is not guaranteed to be reflected in the selling price. However, on the other hand fixing up the home might make it sell quicker and for a much higher price, and can end up being worth it in the end.
Buyers Hesitant About Unclear Cost of Repairs
When buyers are looking at a property in Cape Verde that needs serious repairs, such as a new room or updated plumbing, they will be someone nervous about buying it even if the price for the home is lower. This is because they will worry that the price involved in fixing the repair will be much larger than estimated, which is often the case. They fear that once they get into fixing the roof, they will realize that the repair job will include repairing the rafters as well and this will add to the cost. Most buyers are very wary of this, and are attracted to homes that are in a "move-in condition". You can easily scare these buyers away by not making needed repairs on your property in Cape Verde.
Which Upgrades Are Worth It?
When fixing up your Cape Verde real estate before selling it, consider which repairs or upgrades will cause the most increase to the homes market value. If an upgrade wont make much of a difference on the resale value of the home, is it really worth doing?
The most effective places to renovate are the kitchen and the bathroom, as these rooms are the top selling points in a home and when brand new they increase the value of the house the most. A newly renovated bathroom and kitchen can go a long way to selling your Cape Verde real estate.
Which Repairs Are a Must-Do?
There are a few small improvements that you should always do before selling your property in Cape Verde. These basic improvements are important because if the buyer sees that you have neglected these simple but important repairs, they will assume that you dont care about the property and wonder what else is wrong with it. Make sure that these little details are fixed in order to create a positive first impression:
Patch any holes or cracks in the walls.
Fix leaky faucets.
Fix any broken windows.
Fix or replace any broken appliances.
Repair any leaks in the roof.
Fix any broken lighting fixtures.
Fix anything that violates a safety or health code, such as mouldy carpet or faulty wiring.
Once you have paid attention to these essential repairs, anything on top of that would be at your own discretion depending on whether you think it would be a worthwhile investment to improve the value of the property in Cape Verde.
