How Much Do You Lose Selling a House “As-Is”

how much do you lose selling a house as is

 

Ever wondered how much money you might lose if you sell your house “as-is” in Reno, Sparks, Carson City, or anywhere else in Northern Nevada? It’s a smart question. Selling a home “as-is” can save time and avoid repairs—but it's important to understand the impact on what buyers will pay.

 

What Does “As-Is” Actually Mean in Nevada?

When you sell a house “as-is” in Nevada, you’re offering it in its current condition without making repairs. But that doesn’t remove your obligation to disclose known issues—Nevada law still requires accurate and full disclosure of any material defects.

How Much Less Do As-Is Homes Sell For?

Real estate data indicates that selling “as-is” typically leads to getting less than full value:
  • On average, sellers may receive between 5% and 30% less—depending on how much work the property needs and how strong the local market is. These figures account for buyers factoring in costs plus a “risk cushion.”
  • In Nevada, cash-offer buyers (like investors or “we buy houses” companies) often pay around 55% to 85% of fair market value.
  • When selling to typical cash-buyer companies in Nevada, expect offers around 70% of your home's value.
  • Investor offers may go as low as 50% of market value.
  • Nationally, some analyses indicate sellers still get 75% to 95% of value, particularly if the home needs only minor work.
  • One estimate found “as-is” home sellers generally receive 10% to 20% less than fully updated, move-in ready homes.
These ranges show that actual outcomes vary broadly based on property condition, buyer type, and market strength.

National Trends Affecting Nevada Sellers

Buyer preferences have shifted recently:
  • Many buyers prefer move-in ready homes; fixer-uppers often sell at a discount compared with remodeled homes.
  • High renovation costs push buyers to avoid major projects, widening the discount for homes needing work.
  • In changing markets, the average gap between list price and sale price can reduce leverage for as-is sellers.

Why the Price Gap Happens

Several factors drive buyers to discount as-is homes:
  • Buyers estimate costs for hidden repairs and add extra “risk” buffer—commonly 10–15%.
  • Many buyers, including those financing, prefer properties in top condition to avoid financing hurdles or appraisal issues.
  • cash buyers aim to profit after repairs, so their offers are much lower—often 50%–70% of market value.

How Northern Nevada Markets Shape Your Outcome

Location matters. Here’s how selling as-is might differ across Northern Nevada:
  • Reno & Sparks: With strong buyer interest, the discount may be on the lower end—closer to 5%–10%, especially for homes needing only minor work.
  • Carson City, Minden, Gardnerville, and Moundhouse: These still-active areas may support slightly better offers—maybe 10%–20% lower than market value.
  • Smaller towns like Dayton, Fernley, Fallon, Genoa, Silver Springs, Stagecoach, Silver City, Virginia City, Verdi, Sun Valley: Limited buyer pool means offers tend toward deeper discounts—possibly 20%–30% or more below value.

Tips to Reduce Your Loss When Selling As-Is

  1. Be transparent with disclosures. Full disclosure builds trust—required by law and reduces buyer hesitancy.
  2. Consider minor, low-cost updates. Even cleaning, fresh paint, or landscaping can help—staging, for example, can boost value.
  3. Get a pre-listing inspection. Sharing known defects prevents surprises and minimizes buyer risk perception.
  4. Price it smartly. Work with a Nevada Realtor—like Craig Team Realty—to find the right “as-is” pricing strategy for your city and condition.
  5. Target the right buyers. Investors may offer quick closings, but local buyers or flippers via the MLS may yield a better price.

Final Thoughts

Selling your home “as-is” in Northern Nevada typically results in selling below full market value—often anywhere from 5% to 30% less, depending on condition, location, and buyer type. For homes needing major repairs, offers could fall between 50% and 80% of market value when dealing with cash buyers or investors. Working with a local, experienced Realtor—like Craig Team Realty at eXp and Cassie Craig—can help you make informed decisions, understand your market, and present your home in the best possible light across Reno, Sparks, Carson City, Dayton, Fernley, Fallon, Minden, Genoa, Gardnerville, Moundhouse, Sun Valley, Silver Springs, Stagecoach, Silver City, Virginia City, and Verdi. If you're thinking about selling your home as-is and want to understand your options and potential outcomes, Craig Team Realty at eXp is ready to assist. Reach out today at (775) 306-7591 to talk through your situation and find the best local strategy that protects your value and fits your needs.