Getting it running, if its only a carb rebuild, would be worth the investment.
Leaks and other issues aren't worth the time; but there is a huge difference in a running tractor, or one that doesn't start and you say, well its just a simple fix.... Buyers have heard that line often, and will discount the price an entire engine overhaul based on it not running, because that is often what is really needed. Also with the price of rubber these days, good or bad tires affect the price a lot, but you just have to go with what you have. Good the tires hold air, you won't come out replacing them, but if wore out they certainly lower the tractor value these days.
If you can have someone in and get it running for a couple hundred bucks, you will get a lot more for it if buyers can hear it run, make the tranny move the tractor. Buyers are fine with fixing their own leaks and stuff, but they want to see it run and move a bit to know the power train is operational.
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Today's Featured Article - Timing Your Magneto Ignition Tractor - by Chris Pratt. If you have done major engine work or restored your tractor, chances are you removed the magneto and spark plug wires and eventually reached the point where you had to put it all back together and make it run. On our first cosmetic restoration, not having a manual, we carefully marked the wires, taped the magneto in the position it came off, and were careful not to turn the engine over while we had these components off. We thought we could get by with this since the engine ran perfectly and would not need any internal work. After the cleanup and painting was done, we began reassembly and finally came to t
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