In March 2021, residential real estate sales dropped by about 3.7%. This can be disappointing news to a homeowner hoping or planning to sell their home right now. But you can increase the chances of selling your home—and selling it quickly—by doing a few simple repairs to the exterior. Consider making these essential external home repairs before selling your home.
Proper grading and drainage ensures that when it rains or when snow or ice melts, the water is steered away from the structures and the land doesn’t flood. It’s done when the property is prepared for building the home. If not done properly, you can end up with foundation problems, leaks in your basement, and other flooding and water issues.
Many buyers will walk away from a home with roof problems. They don’t want to deal with the hassle of fixing a leaky roof or replacing an old one when they’ve just bought a home. Unfortunately, signs of roof problems aren’t always visible to the naked eye. This is why it’s a good idea to have a residential roofing company take a look and make sure everything is okay—or repair it if there is trouble.
The foundation is literally what makes a home stable. A foundation that isn’t level, is cracked, settling or sinking, can create other problems later. Signs of foundation trouble include doors that stick or don’t close properly, gaps around window frames or exterior doors, and sagging or uneven floors. Repairing the foundation can resolve many of these signs, but they may also need to be repaired separately.
There are a lot of things to do in order to maintain a home. From mowing the grass to pressure-washing or repainting the exterior walls, it’s easy to feel overwhelmed or forget something needs to be done. Taking stock of your home’s curb appeal and asking yourself what would deter you from buying it if you didn’t already own it can help you see what you might want to repair before listing your home.
Without these repairs, your home’s appraisal may come in much lower than you expect, lowering your offers considerably. Alternatively, buyers may offer a lower price anyway to allow extra money to make the repairs themselves. By doing these repairs yourself before listing the home, you don’t just increase the home’s value and the possibility of a quick sale. You also ensure you get the most profit possible.