Take a close look at:
• electrical boxes and wiring • natural gas lines • plumbing • central heating and air-conditioning
If these systems are old, outdated, or not functioning correctly, then you’re lowering your home’s value. According to the NAR, 65% of home buyers surveyed wanted assurance that their new home had a working central air system. Of the 31 mechanical features mentioned in the survey, this one was viewed as the most important, across the board. People want to purchase a home that re fl ects their aesthetic tastes and lifestyles, but also one that’s safe. Faulty electrical systems can immediately sour a real estate transaction. Leaky plumbing arouses concerns of mold infestation and sewage problems. Th ese areas can require extensive work, but they are extremely important. Overlook them in the preparation stage, and you run the risk of trouble later with inspections and appraisals. Unless you’re actually a professional, don’t attempt mechanical work yourself. Having a professional inspection on record is a big plus for most buyers, as well. Having antiquated wiring and plumbing replaced is expensive. If you do have mechanical issues and decide to sell your home as is, it might be necessary to negotiate a reduced sale price with the buyer. Some buyers are willing to take on the improvements themselves, with the thought that they can be assured they are completed to their own standards and spe cifi cations. However, some buyers will simply walk away, not wanting to deal with known problems that 80
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