An ounce of prevention is worth a pound of cure and will help you avoid expensive repairs for your home. The truth of this adage comes to full light when you’ve decided to put your home on the market. Just imagine a potential buyer walking through your house and try to imagine it through their eyes. Unless your home is brand new, you’ll soon realize that you’ll be pouring even more money into the property in order to sell. These expenses could range from low-cost quick touch-ups to major structural fixes, which can run into thousands of dollars, especially in older homes. The following are the most expensive repairs homeowners face when selling their homes in Nashville TN and surrounding towns like Smyrna, Murfreesboro, and Franklin and how you can avoid them.
Water and foundations simply don’t mix well. Problems with a foundation can be one of the most expensive repairs homeowners face when selling their homes in Nashville TN. Just how expensive? Vertical or stair-stepped cracks in brick walls or foundations can start around $500 to $1,000 per crack. I helped one client last in Murfreesboro who really, really wanted this beautiful rancher brick home. Every exterior wall had cracks and the estimate came in about $35,000. Needless to say, they backed out of the deal.
Is there water pooling or around the outer edges of the foundation? Are there any cracks on the floor, above doorways, or exterior walls? Have doors or windows become squeaky or difficult to open from having gone out of square due to the foundation sinking?
You can avoid issues like these with your foundation by ensuring that the soil slopes away from the house. You can take steps to avoid allowing the soil to dry out during dry periods without rain, which can cause serious issues as well. You also want to check the foundation during rains to be sure that you have good drainage.
Roof repairs can be an incredibly expensive surprise for homeowners to face when selling their homes in Nashville TN. Water damage can escalate quickly, not only by weakening the integrity of your home and leaving stains on the ceiling but in the potential for hazardous mold growth. Mold remediation is a very intricate and expensive process that is best left to professionals, see below. Quick action is called for in order to avoid serious water damage. This is why it’s important not only to keep a close eye on the roof for yourself but to have the roof inspected every 3 to 5 years by professionals. You’ll want to watch for any worn shingles or weak spots that may appear.
Depending on the material used when your home was built and the manner of installation, plumbing leaks can become highly expensive repairs homeowners face when selling their homes in Nashville TN. It’s highly recommended to check for Polybutylene piping (PB), grayish color pipes with copper clips, which was used from 1978 to 1995, resulting in a class-action suit that ended in 2007. Replacement, which runs in the thousands, is the only resolution.
You can avoid most plumbing issues from becoming far more serious by acting quickly. If you notice that your water bill has gone up mysteriously, you’ll need to be certain there isn’t a leak behind the walls, under the flooring, or even underground. Look around your water tank for signs of a leak at the base.
Heating and Cooling System
Neglect is the key culprit when it comes to the heating and cooling system. Repairs or even replacement can be among the most expensive repairs homeowners face when selling their homes in Nashville Tn. You’ll want to keep up routine maintenance and have your air conditioner checked and cleaned yearly, also helping you avoid damage from condensation leaks.
Mildew and Mold
Mildew and Mold (fungus in the home inspectors’ world) can be another expensive repair Homeowners Face When Selling. Middle Tennessee has one of the highest ran falls in the United States at 49 inches and ahead of Seattle, Washington at 39.49 annual inches. This ongoing large amounts of rain and high humidity we are known for creates havoc in many crawlspaces. If your house is in a low or flat area you have a higher risk of moisture problems than houses built on higher ground.
Mildew is a much easier fix than mold. Mold or fungus can be deadly and only by testing by a professional with you know. The mitigation for mold can get very expensive particularly if it is in large areas, inside walls, or even the attic from years of leaking roofs. I have seen walls, ceilings, and floor joists replaced because of the rot. This brings in a new and very important repair common in Middle Tennessee because of the moisture we have, termites.
Termites are pure trouble. As mentioned above, all the moisture we have and moderate temperatures cause Middle Tennessee to be a haven for termites. The cost is in the billions each year in the US. The worse part is you probably won’t even see them chewing up your house.
I have visited houses that had soft floors and floor joists because termites had eaten the wood. One house I visited to see about buying was later condemned because it was dangerous to walk on the floors. The wood paneling walls were so thin you could easily push your finger through the wall! Don’t let your house deal get killed because the home inspector finds termites. Have it checked first and repaired before putting the house on the market. Having receipts and documents showing you were proactive goes a long way in making the buyer comfortable with your home.
Another secret deal killer is radon gas. This is an odorless, invisible, radioactive gas emitted from the rocks in Tennessee. The number of homes being impacted by this dangerous gas is going up each year as more radon gas tests are performed for home inspections. The problem is worse than we all thought 5 to 10 years ago. Last year as a Realtor, I saw one house with a reading over 40 times the EPA has suggested. My home inspector, I use regularly has seen readings from the 48-hour monitoring system as high as 100 times. This is alarming and most houses have never been tested.
This is a relatively expensive repairs homeowners face when selling. The used to remove the poisonous gas 24/7 starts about $2,000 for a small house.
Paying for repairs before you ever realize a penny of profit from the deal is disappointing if not impossible for some. If you’d like to avoid paying for the most expensive repairs homeowners face when selling their homes in Nashville TN you can avoid these and many more unexpected costs by selling directly to a real estate investor like Southern Homes Investments! Send us a message or call 615-500-4466 today! Please visit us online at SouthernHomesInvestments.com.
Disclaimer: David Wright is a licensed real estate agent and this article is not a solicitation to list your house.