Your home’s siding is constantly exposed to the weather, so it’s no surprise that it eventually wears out! Wondering if your siding needs some TLC? We’ve prepared a list of warning signs and tips on what to do if you’re planning on selling a home with worn-out siding.
How do you know if your siding needs to be replaced?
These signs likely call for full replacement, but you can always ask a siding professional whether repair is possible.
- Physical damage—your siding has damage from insects, storms, or any other source. It may have missing or broken boards or panels. Sometimes a few boards can be repaired, but if damage is widespread it probably needs replacement.
- Significant aging—your siding is faded, cracked, or peeled over a large percentage of the home. This usually comes from exposure to the sun and weather over time.
- Water damage—exterior signs of water damage include warping or swelling of siding. even if your siding looks good on the outside, interior issues can show your siding is no longer protecting your house. If you’re seeing peeling paint, loose wallpaper, or water spots, you know you have a problem that needs immediate attention.
- Mold growth—if you discover mold in your walls and there’s no interior leaking pipe or other source of water, moisture may be coming through your siding. This is another major issue, as mold remediation will likely be required in addition to the new siding.
- High energy bills—if your electric bill is high and you can’t find another cause, it could be your siding. Holes or gaps can cause inefficient home energy use. Check your insulation, as well. Insulation can be replaced or added to when siding is replaced.
If you’re seeing these signs, know that it may cost you when selling your home. Here’s why:
Listing a house that needs new siding:
Siding generally needs to be in good condition to sell on the market; most people are looking for houses that do not need major work. So, you either need to put significant money into replacing the siding, or accept that your home may stay on the market longer and go for a lower price.
The issue with replacing your siding before listing is that many repairs and upgrades are not actually profitable when you sell. You may not make back the money you put into the siding in the sale.
If you decide to sell for a lower price, you still may have trouble finding a buyer who’s willing to take on the necessary repairs. Selling to a cash buyer can be a good solution as many are more willing to consider homes that need work. Unfortunately, attracting a cash buyer on the open market is not always easy.
Sell to MarketPro:
Luckily, there’s another option. You can avoid listing your house on the market all together by selling your house as-is to MarketPro Homebuyers. We’re cash buyers who work directly with homeowners to provide a quick, stress-free sale, no matter what part of your house needs repair.
Work with MarketPro:
We’ll give you a fast cash offer for your current home just as it is now; no repairs, no upgrades, no inspection, no commissions or fees. You can even choose your exact closing date. Our team will walk you through your quote, including a review of what your home would likely bring on the open market.
If you’re in Washington, D.C., Maryland, Virginia, Pennsylvania or Florida, we’d love to show you how easy the sales process can be. Contact us today for a same-day, no-pressure quote.