Maximizing Value: Tips for Selling Homes in Need of Repairs

By Dylan Suitor

My true passion is to create generational wealth; generational wealth for my family, my future family, for my friends and of course for our clients. Whether you are a first-time or seasoned investor, looking for single family investments, duplexes, tri-plexes etc, multi-family investing, student rentals, vacation homes or a rent to own. I can assist you in getting started and teach and guide you on how to grow your own portfolio. I have focussed much of my attention over the last few years really understanding the process involved, in order to best serve you, our client.

Today, we’re discussing effective strategies for maximizing the sale price of your home. Our expert, Melanie, will share three key steps to enhance your property’s value.

If you have a property requiring repairs and are unsure where to start for optimal returns, follow these three recommendations:

1. Pre-inspection: Obtain a pre-inspection to proactively identify necessary repairs before listing your property. This enables you to present potential buyers with an inspection report, providing transparency and building confidence.

2. Off-market marketing: Consider initially marketing your property off-market and targeting investors. At Elevation, we have a substantial network of investors eager to acquire distressed properties.

3. Accurate pricing: Ensure your property is priced correctly and fairly. This step is crucial, especially when selling a property in need of repairs. A well-calculated price enhances attractiveness and expedites the selling process.

For further inquiries on this topic, don’t hesitate to reach out by phone or email. We’re always happy to help.