If you’ve been looking to a buy a home, you know the market is frustrating. Crowds of people at open houses, multiple offers, rising prices and it feels like you do not even have a chance. Did you know there are fixer-uppers that sit on the market for weeks and even months with no buyers? With a little sweat equity, a fixer-upper can be transformed into your dream home. Let us show you how…
Transforming a Fixer-Upper
The main issues you want to avoid are structural damage (termite, water rot, settling, cracks, stuck doors, etc) and dated electrical, cast iron plumbing, or an old roof. These items can cost tens of thousands to repair.
However, if the home is just in need of a cosmetic rehab, you are in luck! You are looking for a home that needs fresh paint, has overgrown landscaping, clutter all of the place, and needs major cleaning. These are the homes that will sit on the market and can sometimes even be picked up at a discount.
Conversely, if you are a seller with a home in disrepair, consider sprucing it up with fresh paint, clean up the yard, lighting upgrades, declutter the house, etc. You can add 10% to your sales price and prevent the home from sitting on the market longer than necessary.
Please give us a call to discuss the possibilities.