How Much Do You Lose Selling a House As-Is?

How Much Do You Lose Selling a House As-Is

Have you ever wondered, “How much do you lose selling a house as-is?” If you’re thinking about selling your home in Northern Nevada—whether it’s in Reno, Sparks, Carson City, or a smaller town like Dayton or Fernley—this question might be on your mind. Selling a house “as-is” means you’re putting it on the market without fixing it up first. No repairs, no upgrades, just the house as it stands. It’s a choice many homeowners in Nevada make, but it comes with some trade-offs. Let’s break it down so you can see what it means for you.

What Does “As-Is” Really Mean?

When you sell a house as-is in places like Minden, Genoa, or Gardnerville, you’re telling buyers they’re getting the home in its current condition. That could mean chipped paint, a leaky roof, or an outdated kitchen. Buyers take on the responsibility to fix anything that’s wrong. For sellers in Northern Nevada, this can save time and money upfront. But it also changes how much you might get for your house in the real estate market.

Why People Sell As-Is in Northern Nevada

Life happens, and sometimes fixing up a house isn’t an option. Here are some reasons people in towns like Fallon, Silver Springs, or Stagecoach choose to sell as-is:

  • Time Crunch: You need to move fast and don’t have weeks to spend on repairs.
  • Money Issues: Repairs can cost thousands, and not everyone has that cash lying around.
  • Inherited Homes: Maybe you got a house in Virginia City or Verdi that needs work, but you don’t want to deal with it.
  • Market Speed: In a busy market like Reno or Sparks, some buyers are okay with fixer-uppers.

No matter the reason, selling as-is can work. But how much do you lose compared to fixing it up first? Let’s look at the numbers.

How Much Money Do You Lose Selling As-Is?

In Northern Nevada, the real estate market varies from city to city. A house in Sun Valley might sell differently than one in Moundhouse or Silver City. When you sell as-is, buyers usually expect a discount because they’ll have to spend money on repairs. Here’s what affects how much you might lose:

Condition of the House

If your home in Carson City has a cracked foundation or a roof that’s falling apart, buyers will offer less. A house that needs $20,000 in repairs might sell for $20,000 to $30,000 below a similar home that’s move-in ready. In Reno, where the median home price is around $500,000 in 2025, selling as-is could mean losing 5% to 10% of that value—or $25,000 to $50,000—depending on how much work it needs.

Local Market Trends

The real estate market in Northern Nevada shifts. In Sparks or Fernley, where buyers might be looking for deals, an as-is home could still attract interest. But in a slower market, like in Dayton or Fallon, you might lose more because fewer people want a fixer-upper. In 2025, Northern Nevada’s market is steady but not as hot as it was a few years ago, so as-is homes might sit longer and sell for less.

Buyer Type

Who’s buying matters. In places like Gardnerville or Minden, you might get cash buyers or investors who love as-is homes. They’ll pay less—sometimes 20% below market value—because they plan to fix and flip it. Regular buyers in Verdi or Stagecoach, though, might not want the hassle and will offer even lower to cover their costs.

A Quick Example

Imagine a house in Reno worth $400,000 if it’s in good shape. If it needs $30,000 in repairs—like a new roof and flooring—selling as-is might bring in $350,000 to $370,000. You’re losing $30,000 to $50,000 compared to fixing it up first. In smaller towns like Silver Springs or Moundhouse, the gap could be bigger because homes sell for less overall.

What You Save Selling As-Is

It’s not all about losing money. Selling as-is in Northern Nevada saves you something too. Here’s what you gain:

  • No Repair Costs: Skip spending $10,000 on a kitchen redo in Sparks or $5,000 on paint in Carson City.
  • Time: You can list your home in Fallon or Genoa tomorrow instead of waiting months for contractors.
  • Stress: No worrying about fixing that old deck in Virginia City or plumbing in Sun Valley.

For many sellers, these savings make up for the lower price. It’s a trade-off: less money now, but less hassle too.

Tips to Get the Most When Selling As-Is

Even if you’re selling as-is in Northern Nevada, you don’t have to lose more than necessary. Here are some easy tips from the experts at Craig Team Realty at eXp:

Price It Right

Set a fair price based on your home’s condition and the local market. A Realtor in Reno or Sparks can help you figure out what buyers will pay. Overpricing an as-is home in Dayton or Fernley could scare people away.

Be Honest

Tell buyers what’s wrong with the house. In Nevada, you have to disclose big problems anyway—like a bad roof in Minden or mold in Gardnerville. Being upfront builds trust and can speed up the sale.

Work with a Local Real Estate Agent

A good Realtor knows the market in places like Silver City, Stagecoach, or Verdi. They can find buyers who don’t mind an as-is home and help you get the best deal possible. Craig Team Realty at eXp has years of experience helping sellers in Northern Nevada, from Reno to Fallon.

Is Selling As-Is Right for You?

Deciding to sell your house as-is in Northern Nevada depends on your situation. If you’re in a rush to sell in Sparks or don’t have cash for repairs in Carson City, it might be perfect. But if you’ve got time and money to fix up your home in Genoa or Silver Springs, you could make more by doing some work first. Think about your goals and what you’re willing to lose.

We’re Here to Help

Selling a home—whether as-is or fixed up—can feel overwhelming. That’s where Craig Team Realty at eXp comes in. We’re your trusted real estate agents for Northern Nevada, serving Sparks, Carson City, Dayton, Fernley, Fallon, Minden, Genoa, Gardnerville, Moundhouse, Sun Valley, Silver Springs, Stagecoach, Silver City, Virginia City, and Verdi. We know the local market inside and out and can guide you to the best choice for your house. Want to talk it over? Give us a call at (775) 306-7591. Let’s figure out how to get you the most for your home, no matter its condition.