Is it worth fixing up before listing, or should you sell as-is and let the buyer handle repairs?
This calculator compares your net proceeds in two scenarios: selling as-is right now at the lower value, versus paying for repairs, holding the property a few extra months (incurring carrying costs), and selling at the higher post-repair value.
The math only favors repairing when the value increase exceeds the repair cost plus the carrying costs incurred during the renovation period.
Not all repairs are equal: Kitchen and bathroom updates, fresh paint, and curb appeal improvements tend to return 70-100%+ of their cost in added value. Major structural repairs (roof, foundation, HVAC) often only return 50-70% of cost in added value — but their absence can scare away buyers entirely or trigger inspection-related price renegotiation, which has its own hidden cost.
A common approach: complete low-cost, high-ROI repairs (paint, landscaping, deep cleaning, minor fixes) while selling as-is for major structural items, often with a credit to the buyer instead of doing the repair yourself. This captures most of the upside without the carrying cost and risk of large renovation projects.