Does your house need significant repairs? Do you have small or large roof leaks and foundation cracks? Has your plumbing always been an inconvenient money pit? It could cost a small fortune to make these repairs. Before you invest the money, or pay thousands in closing costs to sell, contact My Fast Home Buyers. My Fast Home Buyers will buy your Dallas or Fort Worth house at any time, in any condition. Below are the 7 most common and costly home repairs that can mean it’s time for you to sell.
Kitchen Cabinets: Kitchen cabinets work hard all day long and are often the most outdated and worn components of a kitchen. While it may not be as expensive as flooring, fixing them can take several days causing major every day living inconveniences. Some of the repairs can include: Building shelving that won’t sag, replacing drawer siding, adjusting hinges, Silencing banging doors with bumpers and changing the material / color of the cabinets themselves.
Appliance Upgrades: It’s important to get appliance upgrades done correctly the first time around. Purchasing low cost appliances, while they can look good, can still cost you money down the road. With that said, a high quality appliance upgrade throughout your entire kitchen (fridge, stove, sink, dishwasher and microwave) can be a very costly investment.
Wood Flooring: A dirty, worn or outdated carpet can have a large impact on the home’s value and not to mention, the indoor odor. Hardwood floors can add warmth and luxury appeal to any living space and they’re easier to maintain and clean then carpet. The downside is the cost. Most wood flooring installation, refinishing, and recoating can cost over $10,000.
Roof Repair & Replacement: Along with the inconvenience of a leaky roof, having one can also cause severe future damage if not taken care of right away. Roof repairs and replacements can also be one of the most expensive and time-consuming home renovations. From cleaning the roof to replacing the plywood, shingles and vents there are many elements to consider.
Foundation Repairs: Foundation repairs can be one of the scariest home repairs you’ll experience. In addition to the due diligence you should spend finding a reputable contractor, know that it’s hard to estimate the cost associated with your repair until you’ve narrowed down the extent of the damage. You’ll have to evaluate the location of the damage, the type of foundation in your home, the soil surrounding your foundation and if there are any potential plumbing leaks due to the foundation. The process can take up to weeks and cost upwards of $10,000 depending on the damage.
New Windows: Depending on the size of your home (how many stories & windows) and whether or not the existing window frames are rotted or damaged it can cost up to $20,000 to completely rebuild the windows in an older home.
New Siding: If it’s been installed properly siding can last up to 10 to even 40 years. Severe weather, time, and maintenance can all lead to permanent siding damage at your home. While painting the siding can be a moderately expensive cost, a full siding replacement can be just as expensive as a new roof. Whether it’s wood, vinyl or aluminum siding, an average homeowner can expect to spend an average of $8,000 for a 2,500 square foot home.
With that said, if you have significant repairs, there’s no better time than the new year to consider selling. Contact My Fast Homebuyers to sell your home for cash! For more information on home buying and selling, home maintenance, news and more you can also follow us on Facebook.