Joel DyckReal Broker SK Ltd.
Saskatoon · From the topic map

Should I sell an inherited home as-is or make repairs?

Selling as-is generally serves an estate better than making repairs, because the buyer pool for an inherited home, often investors and value-focused buyers given current supply of 1.63 months citywide as reported by the Saskatchewan REALTORS Association, already expects to do some work themselves and prices that expectation into their offer regardless of what the seller fixes first.

Repairs also tie up estate funds and time the beneficiaries would otherwise be waiting to receive, with no guarantee the money spent returns at closing. A $400 to $600 home inspection tells you what genuinely needs disclosing, which is a far cheaper way to find out what matters than guessing and fixing everything.

The one category worth addressing before listing is anything that could stop a buyer's financing outright, an unresolved safety issue or a system that has fully failed, since a lender can decline to fund a purchase over a defect like that regardless of the asking price.

Beyond that, the number that actually moves is what a previous owner did to the house that never reached the City of Saskatoon's permit file. Joel Dyck's hand-reviewed valuation documents that work rather than recommending the estate spend on repairs the market will not pay back.

Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

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