In homes for sale it’s common to find odd or poorly executed DIY projects that were done by owners who wanted to give it a try. After all, that is one of the joys of home ownership!
How Innocent DIY Projects Can Cost You Thousands
Dated: January 13 2021
In homes for sale it’s common to find odd or poorly executed DIY projects that were done by owners who wanted to give it a try. After all, that is one of the joys of home ownership! Unfortunately, a feature that someone poured their heart into can look unprofessional and even weirdtopotential buyers.
Picture sloppy paint trim, an extra windowcut into the kitchen to pass food through, or the cork-board wall that was cool in the 1980s. Why is this a problem? After all, buyers can easily fix things ifthey don't like them.
Unfortunately, buyers tend to avoid making offers on homes they perceive to have a lot of small instant projects they'll need to remedy. Even though the projects may cost just a few hundred, their perception is that they’ll need to get “a great deal” on the house before taking on those projects. The result is that you’ll get loweroffers—often many thousands below asking price.
So before selling, remedy DIY projects that lack universal appeal. That may mean spending hundreds now...but the payoff could be worth thousands later. Call me a few months before you plan to sellso we can see what needs to be done to get your house ready for the market!
Mikhail Mohamdally has been a realtor and avid real estate investor for over 7 years. Mikhail has helped hundreds of families and investors reach their real estate goals and build their real estate po....
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