Last Updated on March 9, 2022 by Kravelv
As the owner of a home, it is hard to decide your best move when you want to move on. If you dislike a home enough that you wish to move, then do you want to commit emotional and physical energy into improving it? Do you want to commit the funds?
For many, there are options. They could choose to sell a house as is in San Diego through platforms like Favor Home Solutions, or they could make some DIY improvements. So what is the best option?
There is no ‘right’ answer
The main thing to focus on here is that you have no ‘right’ or ‘wrong’ answer when selling your home as-is. It all depends on your circumstances. The most common factors that determine the condition you can afford to sell your home in include:
- How much money do you need to make from the sale of your home?
- How quickly do you need to make the sale? Can you wait it out, or is it urgent?
- What kind of buyers are you dealing with? Are they homeowners, landlords, or others?
For those who do not need to chase a profit on their home and simply need to sell quickly, selling your home as-is can be a good choice. It can allow you to sell the home quickly, move on to the next property, and carry on with your life. However, if you are trying to sell your home to make a big profit, then selling quickly is not likely going to be possible.
At the same time, if you want to sell for a decent profit, then you will likely find that you have pickier buyers. Sell a home as-is to the right person/company, and they will buy it without any real complaints.
DIY improvements do not always provide the expected ROI
Many choose to invest in big investments in their home before selling. This can include new windows, doors, heating systems, AC units, and landscaping. However, you can often find that large expenses put towards solving issues can become a clash of tastes. Invest in a specific type of window, and prospective buyers still might not be fans.
Investing large sums of money into DIY changes to sell your home for more needs to come with some kind of guaranteed ROI. If you cannot receive proper proof that your property will be sold for at least what you have put into your home, do not commit.
Selling as is can be the simplest solution
Put simply, the quickest way to sell your home is to sell it as-is. You can sell it to a home buyer who will be happy to buy it in the current condition and do a quick deal. This allows for faster sales without all of that annoying haggling and negotiation.
If you feel like making small investments can deliver big returns, then go for it. If you notice that your DIY project is moving into renovation territory and you want a quick sale, it might be best to sell your home as-is.