The True Cost of Major Home Repairs: Is Selling the Better Option?

Facing Expensive Repairs? You’re Not Alone

Owning a home is rewarding, but it also comes with its fair share of unexpected costs. When major repairs start piling up, homeowners often find themselves stuck between two tough choices: pay thousands to fix the issues or sell the house as-is. If you’re struggling with costly repairs, selling your home might actually be the smarter financial move.

The Real Cost of Common Home Repairs

Home repairs can add up quickly, and some of the most common ones come with hefty price tags. Here’s a look at what you might be facing:

Foundation Issues: $4,000 – $20,000+
- Work Involved: Foundation repairs may include leveling the house, installing piers, sealing cracks, or addressing drainage problems. Severe cases might require lifting and re-pouring concrete sections.
- Timeframe: 1 – 4 weeks depending on severity.
Roof Replacement: $8,000 – $25,000
- Work Involved: Replacing an old or damaged roof involves removing existing shingles, repairing the underlayment, and installing new roofing materials such as asphalt, metal, or tile.
- Timeframe: 3 – 7 days.
Plumbing Problems: $2,000 – $10,000
- Work Involved: Plumbing repairs range from fixing leaky pipes and water heater replacements to re-piping an entire home if the system is outdated or has severe corrosion.
- Timeframe: 1 day – 2 weeks depending on scope.
Electrical System Repairs: $1,500 – $10,000
- Work Involved: Upgrades can include rewiring an outdated system, replacing panels, installing new outlets, and ensuring compliance with safety codes.
- Timeframe: 1 – 3 weeks.
HVAC Replacement: $7,000 – $12,000 per unit
- Work Involved: Replacing an aging or broken HVAC system includes removing old units, installing new heating and cooling equipment, updating ductwork, and ensuring energy efficiency.
- Timeframe: 1 – 3 days.
Structural Damage (Water, Termite, or Fire): $10,000 – $50,000+
- Work Involved: Repairs depend on the cause. Water damage may require mold remediation and drywall replacement. Termite damage often involves wood replacement. Fire damage might mean rebuilding entire sections of the house.
- Timeframe: 2 weeks – several months.
General Updating & Cosmetic Repairs: $5,000 – $25,000
- Work Involved: Updates include painting, new flooring, kitchen and bathroom renovations, modernizing fixtures, and improving curb appeal.
- Timeframe: 2 weeks – 3 months.

These figures vary depending on location, severity of the issue, and contractor rates, but one thing is certain: home repairs can be expensive and unpredictable.

The Hidden Costs of Home Repairs

Beyond the actual repair bills, there are other expenses to consider:

Time Delays: Major repairs can take weeks or months to complete, leaving you in limbo.

Living Disruptions: If repairs make your home unsafe or unlivable, you may need temporary housing.

Unexpected Complications: Small repairs can turn into larger, costlier issues once work begins.

Inspection & Appraisal Issues: Even after repairs, buyers and lenders may require additional fixes before approving financing.

Many homeowners start a repair project only to realize it’s far more expensive and time-consuming than they expected.

When Selling Might Be the Better Option

If your home needs significant repairs, selling as-is could save you money, time, and stress. Here’s why it might be the right choice:

Avoid High Repair Costs – No need to take on debt or drain savings to fix the home.
Sell Faster – Instead of waiting months for repairs, you can sell quickly and move on.
Skip the Stress of Contractors – No dealing with unreliable workers, delays, or unexpected costs.
Appeal to Cash Buyers – Investors like Green Country Home Buyers purchase homes in any condition, eliminating financing roadblocks.
No Risk of Repairs Going Over Budget – You get a guaranteed sale without surprise expenses.

After the loss of my wife, I decided to move out of my home of 36 years and downsize. It was hard but necessary. Did a lot of research and comparisons with as-is home buyers and was blessed to discover Green Country Home Buyers. John and Christy were wonderful to work with! The house needed some major updates and repairs. They were very upfront and honest with everything that needed to be done, and we struck an agreement. They refurbished the home and sold it very quickly. They truly worked very hard to turn the property around, and I am completely satisfied with their work. A BIG Thanks to both of them!

Greg Carlton – Sand Springs, OK

How to Sell Your Home Without Making Repairs

If you’re ready to move on from a house that needs costly repairs, here’s how Green Country Home Buyers can help:

Get a Free, No-Obligation Offer – Contact us with details about your home.
We Assess Your Property – We evaluate the condition and make a fair cash offer.
No Repairs, No Cleaning, No Hassle – Sell as-is without spending another dime.
Close on Your Timeline – Whether you need to sell fast or take your time, we work on your schedule.

Make the Right Financial Choice

Before pouring thousands into home repairs, take a step back and consider if selling as-is is the better option. Green Country Home Buyers makes selling simple, fast, and stress-free.