If you’re thinking about selling your house, your realtor has probably given you a list of repairs you need to make before you put it on the market. The fact is, most of us live in houses that, quite frankly, we wouldn’t buy–the roof leaks a little but you know where to put the bucket; the electrical panel isn’t quite amped up enough to run the vacuum cleaner with all the lights on–so when you get ready to make the repairs to sell your house, it’s shocking what an electrician costs. If you need to have your wiring inspected, plan to pay around $200 for a licensed electrician to come out and look at your entire network. You will get a detailed report of the repairs your electrical needs, which for a home 20-50 years old can range from a couple of hundred dollars to several thousand. Some will credit that back to you if you hire them to do the repairs to get you up to code.
A roof inspection will set you back between $75-$500, depending on the size of the house and the kind of roof. The inspector will need to crawl around on the roof and in the attic, especially if you do have a leak. Water is sneaky and does not travel in a straight line or on a reasonable schedule; you might find a leak weeks later at the other end of the house. If the leak has caused real damage and not just a cosmetic need for paint, you’ll have to tear out the drywall and joists or rafters to repair that–another expense from a contractor who has to do that work.
Termites are another headache for homeowners–if you have termite damage, no matter how old, you’ll need to have it repaired for a buyer to even consider your home. If you have an active infestation, an exterminator will have to come over and treat your home to get rid of them, costing an average of $10 per liner foot to treat (so if your home is 2000 SF, that’s about 180 LF, so $1800).
There is a better way to spend your money–let Seller’s Advantage take the repairs off your hands. With nationwide coverage and years of buying homes quickly and as-is. Contact us and we can give you a no-cost, no obligation estimate of your home’s value online and in as little as 48 hours. And we can have cash in your hand while you’re still waiting for the electrician to show up.