Welcome to Lake Properties PROPERTY CAPE TOWN Lake Properties is a young and dynamic real estate ag

My photo
Cape Town, Western Cape, South Africa
Lake Properties, Cape Town is a young and dynamic real estate agency located in Wynberg, Cape Town. We offer efficient and reliable service in the buying and selling of residential and commercial properties and vacant land in the Southern Suburbs including Bergvliet,Athlone,Claremont,Constantia,Diepriver,Heathfield,Kenilworth,Kenwyn,Kreupelbosch, Meadowridge,Mowbray,Newlands,Obervatory,Pinelands,Plumstead,Rondebosch, Rosebank, Tokia,Rondebosch East, Penlyn Estate, Lansdowne, Wynberg, Grassy Park, Steenberg, Retreat and surrounding areas . We also manage rental properties and secure suitably qualified tenants for property owners. Another growing extension to our portfolio of services is to find qualified buyers for business owners who want to sell businesses especially cafes, supermarkets and service stations. At Lake Properties we value our relationships with clients and aim to provide excellent service with integrity and professionalism, always acting in the best interest of both buyer and seller. Our rates are competitive without compromising quality and service. For our clients we do valuations at no charge

What should you not fix when selling a house?




Lake Properties                     Lake Properties

Lake Properties                    Lake Properties

Don’t pour money into expensive, highly personal, or partial upgrades that buyers will change anyway (full kitchen remodels, luxury finishes, ultra-personal décor). Focus on clean, neutral, functional, and safe — fix deal-breaking systems and obvious safety/inspection issues, but skip costly aesthetic choices buyers will replace.

What you should not fix — and why

Below are common things sellers waste money or time on, with short explanations and exceptions.

1. Full high-end remodels (kitchens, bathrooms, room additions)

Why not: high cost, low guaranteed return; project can delay sale and create buyer uncertainty. Exception: if your neighborhood commands premium finishes (e.g., a remodel simply to match comps) or you’re staying long-term and want the upgrade.

2. Trendy or highly personalized finishes

Examples: loud wallpaper, neon paint, ultra-modern fixtures, themed rooms. Why not: buyers may be put off and will likely replace these items to suit their taste. Exception: neutralize — paint over extremes rather than replacing whole systems.

3. Partial renovations / mismatched upgrades

Examples: new countertops but old cabinets, one new bathroom in an otherwise dated home. Why not: highlights what’s unfinished and can lower perceived value. Exception: if the partial upgrade makes the space fully functional and looks cohesive.

4. Expensive landscaping features

Examples: ornate ponds, expensive mature plantings, complex irrigation systems. Why not: costly, ongoing maintenance, and buyers may see them as extra work/cost. Exception: simple curb-appeal boosts (mulch, trimmed hedges, fresh plants) are worthwhile.

5. Replacing older-but-functional items

Examples: older but working windows, a ten-year-old HVAC that still performs, appliances that work. Why not: buyers accept reasonable age if systems function; replacement cost often not recouped. Exception: if an item is failing, unsafe, or greatly reduces curb appeal.

6. Re-doing floors just because you prefer another material

Why not: buyers often change flooring to their taste; ripping out floors can backfire. Exception: badly damaged floors or flooring that will deter buyers (pet-soaked carpet, buckling).

7. Small, frivolous upgrades with low ROI

Examples: designer light fixtures, high-end bathroom accessories, boutique tiles. Why not: luxury taste is subjective and rarely increases sale price by its cost.

8. Cosmetic “band-aids” that conceal problems

Examples: painting over mold/water stains without addressing the leak, plastering cracks without fixing foundation movement. Why not: inspectors or buyers will find root issues later; concealment risks legal problems and renegotiation. Exception: for purely cosmetic stains with known, fixed causes, a paint touch-up is fine — but keep documentation.

The exceptions (when you should fix)

Some “not worth it” items become MUST-fix quickly:

  • Safety hazards: exposed wiring, broken handrails, gas leaks — fix immediately.
  • Structural or active water issues: roof leaks, active foundation movement, severe rot.
  • Pest infestations (termites, rodents) — must be remedied and documented.
  • Failing major systems that will kill the sale or appraisal (non-working HVAC in extreme climates, major plumbing failure).
  • Code/permit problems that would prevent transfer or mortgage approval in your market.
  • Anything that would fail a standard home inspection and be a deal-breaker in your area.

If in doubt: if it’s likely to kill financing or an inspection report, fix it.

Why “don’t fix” advice works (buyer psychology & comps)

  • Buyers often want to customize. They mentally subtract your aesthetic choices and imagine their own.
  • Over-improving beyond comparable homes in the neighborhood rarely increases the top market price — buyers compare to comps.
  • Simple, clean, move-in-ready homes sell faster and attract more offers; expensive bespoke improvements can narrow the buyer pool.

What you should do instead (highest ROI / impact)

Spend on things that maximize buyer appeal and minimize objections:

High-impact, low-cost (very recommended)

  • Fresh, neutral paint throughout main living areas.
  • Deep cleaning (carpets, windows, grout).
  • Decluttering and depersonalizing (pack family photos, remove knickknacks).
  • Fixing small but visible issues: leaky faucets, sticking doors, burned-out lights, cracked tiles in high-visibility spots.
  • Curb appeal basics: mow, trim hedges, power wash driveway/siding, add potted plants.

Moderate-cost, good ROI

  • Replace tired light fixtures and switch plates with neutral, inexpensive options.
  • Re-caulk grout lines in bathrooms, fix toilet runs.
  • Replace old carpet (if stained/worn) — or clean thoroughly.
  • Update hardware (cabinets, door handles) for a fresh look without full remodel.

When to consider bigger updates

  • If comps show recently renovated kitchens/baths and your home needs to compete in that tier.
  • If the current condition prevents financing or inspection approval.

Decision guide — how to decide what to fix

  1. Safety / Function First: Anything unsafe or that prevents sale — fix.
  2. Inspection Killers: If an inspector will identify it as a major defect, fix it.
  3. First-impression Issues: Visible dirt, bad odors, peeling paint — fix them.
  4. High-cost vs high-return: Avoid high-cost projects with low resale ROI.
  5. Neighborhood Benchmark: Don’t over-improve above neighborhood comps.
  6. Time & Disruption: Don’t start long projects that delay listing or create living hassles unless they’re necessary.

Negotiation options instead of fixing

If a buyer wants work done, these are alternatives to doing it yourself:

  • Offer a credit at closing for repairs (buyer can choose contractor).
  • Lower the price slightly rather than completing an expensive remodel.
  • Provide inspection/repair receipts for recently fixed issues to reassure buyers.
  • Use an as-is listing with a realistic price if you don’t want to do repairs — but expect fewer offers.

DIY vs contractor

  • DIY good: painting, decluttering, small tile re-grout, minor carpentry when skilled.
  • Hire pro: electrical, plumbing, structural repairs, major roofing, HVAC — shoddy DIY here causes escrow/legal headaches.

Timing & staging considerations

  • Don’t start projects that delay professional photos — photos are critical for marketing.
  • If renovating, schedule completion before listing so the house can be shown as finished.
  • Staging (rented or DIY) often yields better returns than extensive renovations.

Inspector & appraiser perspective

  • Inspectors look for safety, structural, moisture, and mechanical system issues. Cosmetic fixes won’t impress if there are underlying problems.
  • Appraisers compare to comps — expensive personal upgrades don’t always raise appraised value unless they move the home into a higher comp bracket.

Quick pre-listing checklist (what to do — short & actionable)

  • Clean, declutter, depersonalize.
  • Touch-up paint with neutral colors.
  • Fix leaky taps, running toilets, and burned-out lights.
  • Secure and remove obvious trip hazards; fix handrails.
  • Power-wash exterior and tidy the garden.
  • Replace cracked glass panes and torn screens.
  • Remove strong odors (pets, smoking) — professional cleaning if needed.
  • Gather warranties, manuals, and receipts for recent repairs.

Common seller mistakes to avoid

  • Over-improving beyond the neighborhood.
  • Hiding problems (legal/ethical risk).
  • Doing a partial job that looks worse than the original.
  • Letting a project go unfinished when photos have already been taken.
  • Spending on “nice-to-have” luxury items that won’t attract buyers.

Market context matters

  • In a hot seller’s market, buyers will tolerate more cosmetic issues — you can skip more fixes.
  • In a buyer’s market, buyers will negotiate harder — polishing small issues becomes more important. Talk to your listing agent about local conditions and recent sales (comps) before deciding.

Final decision rule

Ask two questions for each item:

  1. Will this deter or scare off buyers or fail inspection? If yes → fix.
  2. Will this cost me more than I will likely recover in price or time to sell? If yes → don’t do it.

Lake Properties Pro-Tip

Spend your time and budget on clean, neutral, and functional improvements: fresh paint, deep cleaning, curb appeal basics, and fixing safety/inspection items. For everything else, consider pricing smartly, offering a credit, or letting the buyer remodel to their taste.

Lake Properties                    Lake Properties

No comments:

Post a Comment

How long can a house seller sit on an offer before he accepts or rejects it

Lake Properties                    Lake Properties Lake Properties A seller can only “sit” on an offer for as long as the offer...

Lake Properties,CapeTown