Home repair costs have become too much and continue to rise
How much on average did US Homeowners spend on home repair in 2023?
-
$9,542
Home Improvement
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$2,458
Maintenance
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$1,667
Emergency Repair
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$13,667
Total 2023 Average Spend
According to data from Zillow, costs of improving a home to get it ready for sale are going up.
Consider if you want to spend your money on improvements that are necessary to sell your home on the open market.
Average US Home Improvement Spend
Is it worth it to renovate a house before selling it?
| Types of Repairs | Price Range | National Average Cost |
|---|---|---|
| Roofing | $950 - $7,000 | $1,150 |
| Siding | $5,575 - $17,238 | $11,220 |
| Deck | $3,920 - $10,540 | $7,320 |
| Foundation | $5,000 - $40,000 | $12,250 |
| Driveway | $1,885 - $6,475 | $3,550 |
| Electrical | $524 - $3,025 | $1,530 |
| Water Heater | $800 - $2,700 | $1,270 |
| HVAC | $5,250 - $9,350 | $7,250 |
| Septic | $3,100 - $8500 | $5,925 |
| Asbestos Removal | $1,525 - $2,500 | $2,050 |
| Mold Remediation | $1,100 - $10,000 | $4,250 |
If you’re trying to sell a house that needs repairs, making a few home upgrades can really boost its property value. However, these are not always necessary in order to sell. To determine if it’s worth fixing up, it's important to consider the cost of home repairs, how much of an increase in home value any repairs will bring, and the timeframe you're working with.
If your house needs major structural or mechanical repairs, these can be expensive and time consuming. You may not have the resources to make these fixes before listing and selling. When you’re dealing with a house that needs work, you should be informed about the most common repairs that home sellers deal with and their associated costs, as well as how to sell a fixer-upper house if you decide that repairs aren’t viable or necessary. Ally Homes can buy your home regardless of any repairs it needs. There’s no need to spend your own money just to sell your home.
A quick and easy cash sale to Ally Homes could be the solution
You don’t need to clean the property or repair anything. We can even take care of any unwanted contents of the house! Ally Homes never charges any commissions, and we pay all normal closing costs. We can close on your home in a few as three weeks, or later, if you like.