Before listing your Windsor Ontario house for sale, it is important that you make a list of needed repairs for your property. Take a critical eye and walk around your home and view it like a buyer would. Chances are, you will discover a few things that need to be fixed. But here comes the potential problem: Many homeowners, in an attempt to save money, often make repairs themselves despite the fact they may be getting over their head. While making repairs can often be costly, it’s important to hire professionals when needed. The last thing you want to do is made a problem worse.
1. Ignoring codes or permits:
If you are doing any work that requires a permit, then make sure you do just that. If it is required, then there is no getting around it. If it is discovered that work has been done without the necessary inspection and paperwork, then any remodeling will need to be torn down and started again. No one has to mention how expensive this can be.
2. Ineffective work plan:
By creating a reasonable work plan, which includes a schedule, costs and a step by step plan if necessary, your project is likely to come in on time and on budget.
3. Don’t under budget:
It is rare when a project comes in at budget let alone under budget. Plan on spending more than you think as there are always unexpected emergencies or discoveries. And if you are unsure how to go about a project, then you may want to add in the cost of hiring a professional to finish the job.
4. Don’t attempt if you are not qualified:
If you know you need electrical work done, but worry about the cost, don’t attempt to handle yourself by studying YouTube videos. The same goes for plumbing or anything else that you feel uneasy about repairing. While many people do well with online tutorials, for others, it can be a huge, expensive mess. And take into consideration that many projects, like hanging drywall, requires the work of several people. So don’t attempt to do yourself when the job requires a crew.
5. Expect the unexpected:
As mentioned above, plan on something going wrong. If you plan for it, then it won’t be such a shock when it happens. For example, if you are tearing down a wall, then you may find mold or pests. Perhaps you will discover outdated electrical wiring. Prepare your mindset as well as your wallet when outlining your plans. Always pad the budget.
6. Think about a home inspection:
Once repairs have been made, then hire a professional home inspector to walk through your property and give your home a thumbs up. This is good to have as you want to make sure that everything you repaired has been properly installed. Buyers love to see this document as it shows the home is ready for them to move in. While buyers will get their own home inspection once they have an accepted offer (and if they don’t, they should), then you have paperwork if their inspector comes back with concerns.
7. Trying to get it on the cheap:
Don’t try to cut corners by using the wrong tools, inferior materials or skipping steps with your project. It is important that the quality of your work is clearly evident to buyers. It speaks volumes when a buyer sees a repair or remodel that is done with quality materials and expert detail.
8. Don’t underestimate what updates will bring more money:
Sellers will make home improvements because they think they will not only recoup the cost, but make even more. But some repairs and updating don’t matter to a buyer. For example, when fixing up an older home and removing much of its charm while trying to modernize it, you may have created more problems for yourself. Putting in top of the line appliances doesn’t get you back the full cost nor does high quality carpeting when mid-range is usually fine. The best thing you can do is walk around your home with a real estate agent prior to making any home improvements. Ask your agent where you will get more bang for your buck. While buyers want to move into a home that is ready to go, some updates simply don’t matter in the long run.