99. What to Budget For When Selling a House on Your Own in Walnut CA

We buy houses in Walnut California. You have decided to sell your home on your own, and you know that some expenses are going to be involved. So, wisely, you’re wondering now: “What should I budget for if I sell my house in Walnut on my own?”. As homebuyers in CA, we want to help you. You might be surprised by the response.

True, home prices are rising nationwide in quite a few markets. It may also be the case that over the years your home has greatly appreciated. But before you count your gains, these obvious and not-so-obvious costs of selling your home will have to be factored in.

What To Budget For When Selling A House On Your Own In Walnut CA

Commission Fees Of The CA Agent

Let’s get this one out of the way immediately. Most sellers believe they can sell a house themselves in a hot market and thus escape the regular commission fees. But the other way around is the reality. You still have to pay the brokerage fees of the buyer’s agent even if you sell on your own.

Repairs In The California Property

Many buyers are not interested in a property with problems–and most homes have some sort of problems. Most of the time, before they put their house on the market, most sellers have to do some repairs. And if the maintenance was left to lapse, such cost of repair could be quite high. For example, a new roof will set you back by as much as $20,000.

Landscaping Your House In Walnut

Curb appeal is of utmost importance: it’s what makes it possible for potential buyers to stop and then enter the house. And landscaping is the top one improvement that most improves the curb appeal. On average, the cost of a detailed, full-blown landscaping job carried out by a skilled landscaping company is just over $3,000.

Staging And Photography In CA

Most people – as they ask, “What should I spend if I sell my home in Walnut on my own?” – frequently ignore this cost. But if you don’t want your home to end up sitting on the market for months, you definitely shouldn’t think about staging and professional photography.

Staging includes setting up and organizing the house in order to make it look as comfortable and welcoming as possible. And then you’ll probably need some professional photos, ranging in price from $500 to $1,000, to view the staging in online listings, where a large percentage of buyers begin their hunt.

Utilities In Your California Home

If you’re looking to move to a new home from your current home, you can’t just shut down the services in the home you’re vacating and plan to sell. Buyers don’t want to walk through a dark (or cold) house at all. (Note also that if you turn off the electricity and air conditioning during the summer, you are at high risk of developing a mold problem.) You’ll need to keep the power on and possibly the gas in the winter as well, at least. If you’ve lived in the property, then you already know what it’s going to cost you to keep the electricity on.

Capital Gains Taxes In CA

And then there are taxes on capital gains. If your house has improved a bit, you may have to pay this tax (based on the difference between buying and selling costs, minus the cost of recorded improvements). There are some fairly generous exceptions, though, but just keep in mind that Uncle Sam will take a cut.

Cash For Houses In Walnut CA

And if you ask, “If I sell my home in Walnut alone, for what am I going to budget?” you now know the answer is… Apparently, a lot.

If you think you need to sell your house in CA, call Premier Property Buyers. We are your local Walnut home buyers and we can help you.

But we can offer a quick, simple way to keep more of the selling price. To find out more, please contact us by phone at (949) 356-6763 or fill out this form.

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