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Updated over 7 years ago,
Reccomendation for property repairs prior to sale
I am in the process of listing a rental property that I purchased a few years ago. The property is currently leased with a few months left on the lease. My realtor has informed me I have about $3k in repairs needed to sell the home based on an inspection he did with his contractor. About $1200 pertains to maintenance items such as a full AC service, a plumbing issue causing the pipes to back up periodically, as well as an issue with the water line going to street (but on my property). The Other $2700 includes repainting the home due to what appears exterior mold since the home was not sealed properly when it was originally built and painted, replacing a faulty dishwasher, some drywall repairs, and fixing a toilet and surrounding flooring. This is all on a home for under $125k.
My question is, how many repairs/maintenance items should I be taking care of before anyone even sees the property and orders their own inspection? Would it behoove me to wait until I need to fix something because the buyers inspector found it or should I get some of the items out of the way to increase buyer appeal and make for an easier sale.
Thanks for your input!