Selling a home isn’t just about listing it on the market and waiting for buyers to come knocking. Even if your home is in good condition, to maximize your home’s value and appeal, you’ll likely need to invest in some updates, repairs, and staging. But how much does it really cost to get a home ready to sell? The answer varies based on the condition of your home, the market, and the level of preparation you’re willing to do. However, here’s a breakdown of the average costs associated with preparing your home for sale.
1. Home Repairs and Maintenance ($500 – $5,000+)
Potential buyers want a move-in-ready home, and even minor repairs can make a big difference. Common fixes include:
- Patching holes and repainting walls ($200 – $2,000)
- Fixing leaky faucets or plumbing issues ($150 – $500)
- Servicing HVAC systems ($100 – $500)
- Roof repairs ($300 – $5,000+ depending on the extent of damage)
2. Curb Appeal Enhancements ($500 – $3,000)
First impressions matter, and a well-maintained exterior can attract buyers before they even step inside. This includes:
- Landscaping (mowing, trimming, planting flowers) ($200 – $1,000)
- Power washing the driveway and siding ($100 – $500)
- Painting the front door and replacing house numbers ($100 – $500)
- Basic exterior repairs like fixing cracked sidewalks or fences ($300 – $1,000)
3. Deep Cleaning and Decluttering ($200 – $1,000)
A spotless home helps buyers see themselves living there. Hiring professional cleaners can cost anywhere from $150 to $500, while junk removal and decluttering can add another $100 to $500.
4. Home Staging ($500 – $2,500+)
Staging can help showcase your home’s best features and improve its marketability. Costs vary depending on whether you rent furniture or hire a professional stager, but a well-staged home often sells faster and for a higher price.
5. Professional Photography and Marketing ($200 – $1,500)
High-quality listing photos and virtual tours are essential in today’s market. Professional real estate photography typically costs between $200 and $500, while virtual tours and video walkthroughs can add another $500 to $1,000.
6. Pre-Sale Home Inspection ($300 – $600)
A pre-sale home inspection isn’t required, but it can help you identify issues before buyers do, potentially saving you from unexpected negotiations.
7. Miscellaneous Costs ($200 – $1,000)
Other costs to consider include minor decor updates, small appliance replacements, or even moving and storage expenses if you need to clear out space.
Total Estimated Cost: $2,500 – $15,000+
While the total cost depends on your home’s condition and the improvements needed, sellers can typically expect to spend between $2,500 and $15,000 to prepare their home for sale. Investing in the right updates can pay off in the form of a faster sale and a higher selling price.
Final Thoughts
Even if your home is in good condition, there will usually be some costs associated with getting the property ready for potential buyers. If you’re planning to sell your home, budgeting for these expenses can help you avoid surprises and ensure a smoother selling process. Consult with a real estate agent to prioritize the most valuable updates for your specific market. In the end, a well-prepared home can make a great impression and lead to a successful sale.