Old roof, dated kitchen, a basement that takes water every spring. If your Enfield house needs more work than you want to take on, the real question is whether repairs will pay you back.
Do the net math, not the list price
Start with what the house would sell for fixed up. Subtract the repair cost, a cushion for surprises, agent commission, Connecticut conveyance tax, and the months you carry it while work is done. Carrying costs in Enfield include property tax at 33.11 mills (about $8,112 a year on a $350,000 market value), insurance, heat and utilities.
Repairs that usually pay back
- Fixing things a buyer’s lender will require, such as a leaking roof or broken heat.
- Cleaning out and cleaning up.
- Small cosmetic fixes like paint.
Repairs that often do not
- Full kitchen and bath remodels right before selling.
- Big projects you have to finance.
- Anything that requires permits you cannot get done before your deadline.
Selling as-is
An as-is cash sale skips repairs, inspections and showings. The price reflects the work, so compare it to your net from fixing and listing, not to the fixed-up price. Our house problems guides cover specific issues like foundations, oil tanks and septic systems.
More for Enfield owners: selling your Enfield house for cash, Enfield foreclosure options, inherited houses in Enfield.
Want a number for your Enfield house? Call or text CT MAX at (860) 200-7472 or request your MAX Offer online. You get a written cash offer after one walk-through, and it does not drop after you sign.
General information only, not legal or tax advice.