One Major Red Flag That's Driving Potential Buyers Away From Your Home

When selling virtually anything, you need a good price and solid marketing. But the most important thing you need is a quality product. The same can be said for homes. A 2023 Self survey revealed that most buyers are put off from buying a home that needs major renovation. This is because it shows that the property will require a lot of work until it is comfortable and liveable, so naturally, they might want to look elsewhere. To sell a home successfully, you need to have all your ducks in a row to keep potential buyers interested and willing to go through the process to get it.

A property that appears to need major renovations can be one that has too many issues, needs a lot of updating, or both. This means that it's not always enough for everything to be functioning properly — homes these days also have to meet a certain standard of modernity and freshness. So as you address issues with the building and construction, also consider features that are out of style and need to make room for the new.

When potential buyers can point out multiple things that they need to fix or change, they get discouraged because there are already so many costs associated with buying a home. To avoid this, fix structural issues and invest in the right upgrades. The same Self survey revealed that almost half of buyers and renters would stop the home buying process if they found out it had excessive moisture or mold. With this in mind, take issues of ventilation and water damage seriously by bringing in professionals if necessary.

Some simple upgrades that will help you sell your house faster include new faucets, updated bedroom closets, and new lights — people don't want to think about having to fix leaks or change out old fixtures and furniture. Another point from the survey is the room buyers are most concerned with: the kitchen. Pay extra attention to this space when renovating and staging. If you want to splurge, kitchen upgrades like top-notch appliances, double sinks, and statement hardware are definitely worth the price.