Selling your house in Akron, Ohio involves careful planning, and if you’re listing it on the market this may also include addressing necessary repairs and budgeting for them. By understanding common repairs homeowners make before selling and considering the specific needs of the Akron market, you can enhance your home’s appeal and attract potential buyers. Before we dive in to see if you should make repairs before you sell, here is a step-by-step guide to common repairs and estimated costs to help you sell your house in Akron, Ohio successfully.
- Fixing Structural Issues:
Addressing structural issues in your Akron home is crucial to ensure its marketability. Costs vary depending on the severity of the problem. For minor foundation repairs, such as cracks, expect to budget between $500 and $2,000. Extensive foundation stabilization or underpinning can range from $5,000 to $10,000 or more. Roof repairs or replacements in Akron typically cost between $4,000 and $10,000, depending on roof size and materials. Plumbing and electrical repairs may range from a few hundred dollars to several thousand, depending on complexity.
Estimated cost range: $500 – $10,000+
- Repairing or Replacing Outdated Fixtures:
Updating fixtures can significantly enhance your Akron home’s appeal and give buyers the impression of an updated space. The cost depends on the number of fixtures to replace. For example, replacing faucets may cost between $100 and $500 per unit, while updating lighting fixtures can range from $100 to $1,000 or more. Cabinet hardware replacements typically cost around $2 to $10 per piece. Allocate a budget based on the number of fixtures you plan to update.
Estimated cost range: $100 – $1,000+
- Refreshing Paint and Wall Repairs:
Repainting your Akron home’s interior can cost between $1,000 and $4,000, depending on the the square footage and quality of paint chosen. Patching up wall imperfections may require additional costs for materials and tools. Consider whether you can handle the task yourself or hire professionals, factoring in the associated costs. There are additional expenses if the exterior needs painted as well.
Estimated cost range: $1,000 – $4,000+
- Updating Flooring:
Updating flooring can significantly enhance your Akron home’s market value. Costs vary based on materials and the area to be updated. Carpet replacement ranges from $2 to $6 per square foot, while refinishing hardwood floors typically costs between $3 and $8 per square foot. Installing new flooring materials like laminate or vinyl can range from $3 to $10 per square foot. Allocate a budget based on your desired flooring option and the size of the area.
Estimated cost range: $2,000 – $10,000+
- Enhancing Curb Appeal:
Curb appeal plays a crucial role in attracting buyers in Akron. Basic tasks like lawn maintenance and adding plants may cost a few hundred dollars. Repairing or repainting the front door, porch, or fences can range from $500 to $2,000. Major landscaping renovations might exceed $5,000. Consider your budget and focus on affordable updates with significant visual impact.
Estimated cost range: $500 – $5,000+
- Addressing Plumbing and Electrical Issues:
Addressing plumbing and electrical issues in your Akron home is essential for a successful sale. Costs vary based on complexity. Minor repairs may cost a few hundred dollars, while rewiring or replacing outdated systems can range from $2,000 to $10,000 or more. Consult professionals to assess issues accurately and provide cost estimates.
Estimated cost range: $200 – $10,000+
Should You Make All of These Repairs Before Selling Your House in Akron OH?
There isn’t one right answer. The first thing to evaluate it how many repairs does the home really need? Be honest with yourself and think about what buyers are going to be looking for. Then decide, do you reasonably have the time and budget to complete all of the required repairs? How much is all of this going to cost? Will you really come out ahead financially by renovating the property, or would you end up with more time and money on your side if you sold the property as is? Evaluate all of your options and individual circumstances.
A lot of times, once you crunch the numbers you might find you would walk away with more money and less aggravation just selling the property as is. If you have questions or want to see how much you can get for your Ohio home without lifting a finger or doing any repairs, give us a call at (234) 334-0009.