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Selling Old House

  • 12-12-2021 5:31pm
    Registered Users Posts: 101 ✭✭

    Hey folks,

    Im selling an old house I own, moved out of it a year ago & with Covid etc. I’m only getting around to clearing it out & putting it up for sale.

    It is old & needs some investment to get it up to standard so it’s gonna be a gut job for whoever buys it.

    I hadn’t been in the house for a few months & noticed there’s a large leak in the flat roof now.

    Question is, is it worth getting that repaired or should I just clear the house & put it on the market as is? I mean whoever buys it would must likely gut the house so is it worth pumping money into a roof repair? Any feedback would be great 👍


  • Moderators, Business & Finance Moderators, Motoring & Transport Moderators, Society & Culture Moderators Posts: 66,428 Mod ✭✭✭✭L1011

    If its in particularly poor nick and definitely going to be bought for renovation, its probably not worth it

    If there is a chance that its suitable for someone to buy and live in while doing it up, get it repaired - as otherwise a lender may consider it uninhabitable and won't let someone in that case get a mortgage on it.

    Your EA should know the market locally and be able to advise here.