Fix-up vs. sell "As-Is"

[Jesse T.]

I bought a SFH in Reston, VA in 2007. We moved down the road to Herndon, VA and listed our previous home for rent. We have a short-term renter moving in.

We are considering selling when the renter moves out.  The property dioes seem to be positioned well for appreciation within 1.5 miles of a new metro station, but the ratio of rent/property values aren't great.  The house is worth somewhere in the low 600s and rent is currently 2800 and would probably be less on a 12 month lease.

The "bones" of the house are in fairly good shape.  We have some old sliding glass doors that would need to be replaced.  Based on an estimate from Anderson, we will probably let the next buyers do that themselves.

We did some basic updates to the powder room.  We have some linoleum flooring that IMO needs to be replaced and also some dated light fixtures, even if it isn't a good % return, I think it will help it sell faster.

IMO the big question is the kitchen and MBR, should they be updated before selling?