Posted in Home Buying, Your Real Estate Needs!

Fixer-upper or Ready-Home?

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Shows like HGTVs “Fixer Upper” have popularized the idea of buying and renovating the worst house on the best block. Homes that need major remodeling, however, aren’t for everyone. Sometimes a move-in ready house is a better option. Whether you’re a first-time homebuyer or a seasoned investor, it’s important to understand the pros and cons of each.

Pros of Fixer-Uppers 

  • Lower price – Homes that require some updating tend to be priced lower, and many renovations can quickly add value to your home.
  • Creative control – When you’re the one in charge of updating your home, you can customize it however you choose.

Cons of Fixer- Uppers 

  • Delayed move-in – The planning and work involved to fix up can significantly delay your move-in date.
  • Unexpected cost – No matter how well you plan, major renovations are always subject to unforeseen expenses.

Pros of Move-In Ready

  • Quick move in – Can’t wait to begin nesting? With a finished home, you can start moving in as soon as you get your keys.
  • Energy-efficient technology – New and renovated homes are often outfitted with the latest energy-efficient options when it comes to kitchen appliances and heating and cooling systems which can save you move over time.

Cons of Move- In ready

  • More expensive – To recoup the cost of updating, seller often price move – ready homes much higher. These homes also don’t allow for easy customization.
  • Questionable quality – When you’re not there to oversee the update process, you’re unable to ensure that high-quality work and materials are used for your home.

Still not sure which approach is right for you? Take this quiz to help you decide if you’re ready for a fixer upper.

Looking to selling your home or interested in purchasing a home, give me a call 281-793-5193, I look forward to speaking with you!

staging your home

 

 

 

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Author:

Christina is a Full Service BROKER:Realtor and she loves what she does! She is upbeat, high energy, outgoing and enjoys helping people. Her high standard of ethic's keeps everyone all on the same road to success. She is accessible via phone, texting, e-mail or web cam. She communicates all issues, follows up quickly and efficiently with all parties. Christina's personal philosophy is a Japanese word: KIAZEN, which means continual improvement. She is a person who enjoys first time home buyers or an experienced seller. She is able to assist you with any type of real estate need: land, condo, residential, luxury, commercial, leasing or renting. Christina specialize in the Friendswood and Clear Lake school districts, but can help her clients with whatever they need. It's A Good Life!

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