Liz, you are asking the better version of this question, and the honest answer is that most sellers lose money on the wrong end of it: they skip the things that kill deals and spend heavily on the things buyers were going to change anyway. Here is my actual do-not-fix list. Do not replace kitchens, bathrooms or flooring right before listing. This is the big one. A buyer who wants a new kitchen wants their kitchen, not the one you picked in a hurry to sell. You will spend real money and get a fraction back, and you will still hear "we'd want to redo this." If the finishes are dated but functional, price for it or offer a credit and let the buyer choose. A credit is worth more to them than your tile. Do not over-improve past your neighborhood. Value is bounded by what comparable homes in the area sell for. If you put the nicest kitchen on the street into a house on that street, the street sets the ceiling, not the kitchen. In a market like Montrose, where the range within a neighborhood can be narrow, this happens easily. Do not chase small cosmetic imperfections. Minor wall dings, a worn but working appliance, dated light fixtures, popcorn ceilings in a house where the whole vintage is consistent. Buyers price these emotionally in aggregate, which is why cleaning and decluttering matter far more than any individual fix. A spotless dated house shows better than a cluttered updated one. Do not start something you cannot finish. A half-done bathroom or an open permit is worse than either the original condition or a completed project. Which brings me to the permit point nobody mentioned: if a repair needs a permit, either do it properly and close it out, or do not begin. Unpermitted or open-permit work is a real problem at resale and it follows you into disclosure. Do not do landscaping projects. Clean up, trim, mulch, yes. Installing new hardscape or plantings, no. It rarely returns and buyers have their own ideas. Now the two categories where I would not defer, because these are where "saving money" actually costs you. Anything health, safety or habitability. Electrical hazards, gas issues, non-working smoke and carbon monoxide detectors, unsafe stairs or railings. These surface on every inspection, they alarm buyers out of proportion to their cost, and some will block financing outright. Anything involving active water. A leaking roof, plumbing leaks, standing water in a crawlspace, grading pushing water at the foundation. Water is the single scariest thing on an inspection report. A buyer looking at moisture assumes the worst about what they cannot see, and that assumption is more expensive than the repair. Two things that shape the whole decision. Disclose what you do not fix. In Colorado a known material defect gets disclosed whether or not you repaired it. Deciding not to fix something is fine. Deciding not to mention it is not, and that is the thing that produces problems after closing. And consider a pre-listing inspection, precisely because you are trying to spend efficiently. A few hundred dollars tells you which category each item actually falls into, so you are making this list from facts rather than guessing. Right now you are budgeting blind. One honesty note on the numbers. You will find recoup percentages quoted for various projects. Only a defined set of projects is tracked in that research, and interior finish work mostly is not. So I am not going to hand you a percentage, and I would be skeptical of anyone who does for a project like a bathroom remodel. The version I would run: deep clean, declutter, paint where it is genuinely rough, fix everything in the safety and water categories, disclose the rest, and price honestly. That is nearly always the highest return path, and it is far cheaper than the alternative. I am a real estate professional, not a contractor or an inspector, so get a local read before you spend anything meaningful. My name is Zoltan Peresztegi and I work in Los Angeles, the South Bay and on the Palos Verdes Peninsula, so I am not your Montrose agent. If you want an introduction to a strong one on the Western Slope who will walk the house and tell you honestly what to leave alone, message me and I will make it. Zoltan


