Inherited a home that needs serious work — in this market, the math on fixing it first may not add up the way you think

Most families who inherit a property that needs significant repairs assume they should fix it before listing. Clear that assumption out right now. In the current Centennial and Greenwood Village market, buyers with renovation budgets are actively looking for properties priced to reflect their condition — and they're often more practical to work with than a buyer who expects a finished product and then asks for credits anyway. The real question isn't whether to repair; it's whether the cost of repairs will return more than the discount a well-priced as-is listing already captures. In my experience, it usually doesn't. A home is a practical tool, not a sentimental project — and the steady, clear choice is often to sell it as the asset it already is, not the one you wish it were. If you've inherited something in Southmoor Park, Cherry Hills, or the DTC corridor that needs work, are you factoring in holding costs, contractor timelines, and what today's buyer pool actually looks like? — Kevin Lundy | The HomeBridge Group at eXp Realty