Quote:
Originally Posted by Mike Moore
I'm about to sell a 20-year-old Patio Villa that has not had its roof or AC replaced although both are functional. My goal is to get as much out of the house as possible.
Should I (1) Sell the house at a low price in recognition that the buyer will need to replace both? or, (2) go through the hassle and time to spend $20-25k to replace both before listing it?
Or, put another way, will the demand for (1) be so low that I shouldn't waste my time?
Asking here instead of a Realtor as I'm considering FSBO.
Thanks! Mike
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When I bought my house here, the first two things I looked at were the roof and the HVAC. The roof was replaced in 2022 and the HVAC was 20 years old. I negotiated the price down enough to cover most the cost of a new HVAC.
Once potential buyers hire an inspector, both those things are going to be red flagged. You could try to sell it as is and let them negotiate the price down, potentially having them pick up at least part of the cost. Unfortunately, it's pretty much a buyers market right now from what I have seen.