Should You Sell As-Is or Make Repairs? Here’s the Smart Choice
When it comes time to sell your home, one of the biggest decisions you’ll face is whether to sell it “as-is” or invest in repairs and updates first. Both options have pros and cons, and the right choice depends on your goals, budget, and the current market.
Here’s what you need to know to make the smartest move for your situation.
What Does Selling “As-Is” Mean?
Selling your home “as-is” means you’re offering it to buyers in its current condition, no repairs, updates, or improvements. You’re essentially telling buyers, what you see is what you get.
This option can save you time and upfront costs, and it’s appealing if you’re in a hurry to sell, don’t have the budget for repairs, or are dealing with an inherited or distressed property.
But there’s a trade-off: homes sold as-is typically attract fewer buyers, take longer to sell, and fetch a lower price than homes that have been spruced up.
Buyers often assume “as-is” means there are significant issues, even if the home is in decent shape.
Why Make Repairs?
On the other hand, making repairs and minor improvements before listing can help your home sell faster and for more money. Buyers love move-in ready homes, and even small changes, like fresh paint, new fixtures, or repairing obvious flaws, can make a big difference in how your home shows.
A well-maintained home signals to buyers that it’s been cared for and reduces their fear of unexpected costs after move-in. In a competitive market, it can also give your home an edge over similar listings.
How to Decide
Here are a few factors to consider when deciding whether to sell as-is or invest in repairs:
1. Your Budget and Timeline
If you’re short on time or cash, selling as-is might be your best (or only) option. But if you can afford a few weeks and some minor repairs, the return on investment could be worth it.
2. The Market
In a seller’s market — where buyers outnumber homes for sale — you might get away with selling as-is. In a buyer’s market, where buyers have more choices, homes in better condition tend to sell faster.
3. The Home’s Condition
If your home has major structural issues, outdated systems, or significant damage, you may need to either make substantial repairs or adjust your price expectations to sell as-is.
4. Target Buyers
Some buyers, like investors or flippers, specifically seek out as-is properties. But most traditional buyers are looking for move-in ready homes and may shy away from as-is listings.
The Smart Choice
For most sellers, the sweet spot is somewhere in the middle, addressing obvious, high-impact repairs and cosmetic updates while avoiding expensive renovations that don’t offer a strong return.
Consult a trusted real estate agent to assess your home and market conditions. They can help you weigh your options, estimate potential returns, and decide which approach will help you sell quickly and at the best possible price.
With a little strategy, you can make your home as appealing as possible and keep more money in your pocket.