6. Expenses/repairs
Presented by STL Real Estate, Property Solutions for Saint Louis homeowners
Figure out the Repairs and Costs of Your Property
Selling an rough Saint Louis House part 6
Tip to keep in mind:
When figuring out the repairs that your house needs, it is important to keep in mind how expensive the comparable property finishings are compared to your house. For example, to renovate a bathroom in a $100,000 house is significantly cheaper than to renovate a same sized bathroom in a $600,000 house. This is because the finishing will be much more expensive in the $600,000 house.
The first step to figuring out how much your repairs are going to be: Analyze Your House’s Condition
In order to figure this step out, you need to ask yourself the correct questions. The following are all questions that you need to ask yourself about your property and its condition. The more work that needs to be done the more likely it will be that you need to sell your house to an investor.
To benefit you, we created a form that you can print out and fill out. You can then scan and email it to jim@stlhouseller.com, or fax it to (888) 287 -9138. We can then help you go through your repairs and figure out how much they are going to be. Please note: this service is only available for people that live in Saint Louis and the surrounding counties.
For a more printer friendly copy of this form click here
Property Evaluation Form
Does the House Have Any Structural Issues?
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Are there cracks in the foundation?
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If so, are the cracks horizontal or vertical?
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Does water get in to your Basement?
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If yes, will simply unclogging the gutters stop water from getting in the basement, or is
the problem require more serious repair such as adding a French drain in the exterior, or even wet tiles to the basement?
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What repairs or updates does it need to make it as nice as your comparables?
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What is your furnace’s Age and does it work properly?
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Water Heater age and does it work properly?
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What type of condition are your Porch/patio(s) in?
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Property Evaluation Form Continued
Do you have a Driveway? If so, what type of shape is it in?
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Any Decks or Stairs need repair?
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Any Landscaping needed?
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Is Chimney in good shape?
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Do you have a fence, and is it in good repair?
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How old is the plumbing stack?
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Is it made of copper or PVC?
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How old is the Electrical Box?
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What is the Air Conditioner’s Age, and does it work properly?
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Is there Central Air in your property?
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Does the kitchen need any repairs or updating?
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Property Evaluation Form Continued
Do the Bathroom(s) need any repairs or updating?
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Do the Bedrooms(s) need any repairs or updating?
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Do the Walls need any repairs?
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Does the Flooring need any repairs or renovations?
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How old are the Light Fixtures and are any broken/not working correctly?
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What type of shape are the interior and exterior Doors in?
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How old is the Roof? Does it leak?
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How old are the Gutters?
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How old are the Garage Door(s)? Is there a garage door opener that works?
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What type of shape is the Siding/Fascia/Brick in?
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How old are the Windows? Are any broken?
__________________________________________________________________
For a more printer friendly copy of this form click here
Email the form to jim@stlhouseseller.com
You can also fill out this form:
After you have evaluated your properties current condition, the next step is to figure out how much the repairs will cost to make your fully fixed up. See Sell an rough House in St. Louis Part 7.
The other parts of this mini-series are located on stlhouseseller.com:
Sell an rough House in St. Louis, Missouri Part 1, Selling an rough House in St. Louis, Missouri Part 2, Selling an rough House in St. Louis, Missouri Part 3, Sell an rough House in St. Louis, Missouri Part 4, Sell an rough House in St. Louis, Missouri Part 5, Sell an rough House in St. Louis, Missouri Part 6, Sell an rough House in St. Louis, Missouri Part 8, Sell an rough House in St. Louis, Missouri Part 9, Sell an rough House in St. Louis, Missouri Part 10, Sell an rough House in St. Louis, Missouri Part 11, Sell an rough House in St. Louis, Missouri Part 12