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Updated over 1 year ago on . Most recent reply

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Mariel Painter-Chapman
  • New to Real Estate
  • Pittsburgh
8
Votes |
8
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Will garage foundation repairs negatively affect ARV?

Mariel Painter-Chapman
  • New to Real Estate
  • Pittsburgh
Posted

Hi everyone, 

I'm currently under contract on a house that we intend to flip in the greater Pittsburgh area. The backyard has a large tree about 15 ft from the (below grade) garage. The back wall of the garage (near the tree) is cracked and requires 3 wall plate anchors. The exterior side wall of the garage is bowing and requires 9 kevlar straps. There does not appear to be any issues with water except for the grading around the tree. We plan on removing the tree, fixing the grading, and completing the necessary repairs with a reputable company with either a 50 year or lifetime transferable warranty. My question is, will these repairs scare away buyers and negatively affect the ARV?

Thanks

  • Mariel Painter-Chapman
  • Most Popular Reply

    User Stats

    3,344
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    Caleb Brown
    • Real Estate Agent
    • Kansas City
    2,342
    Votes |
    3,344
    Posts
    Caleb Brown
    • Real Estate Agent
    • Kansas City
    Replied

    It can but if you have done the work right, have a warranty and have receipts you should be OK. In my area foundation issues is very common but buyers are less concerned when there is warranties with it

    • Caleb Brown

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