When looking for a new home, a fixer-upper may feel like a risk. However, at RE/MAX Select, we like to see fixer-uppers as a challenge. That’s not all, though. There are plenty of benefits to a fixer upper that your Plymouth top real estate agents at RE/MAX Select are going to discuss today to help you find a house that’s really your home.
Low Entry Fee
Fixer-uppers already start at a lower price because they need work put into them. While this may balance out with the work that needs to be done, it does also open a lot of room to save by doing the work you can yourself to make the house live-in ready. If you’re ready to give your new house your all, you can save a significant amount from your own labor. Remember not to cut corners and hire contractors when you need them. It’s better to spend on the contractor now than for the repairs if something is poorly installed or built.
However, lower purchase costs aren’t the only benefit. Fixer-uppers in nicer neighborhoods can be great ways to move into an expensive neighborhood at an affordable cost. This can be a great way to build equity, and helpful for any loans you may need to take out to purchase your new home and its renovations.
When you choose to buy a fixer-upper, you open up the possibility to truly build your dream home. Fixer-uppers are a great way to get a fresh start and really remodel a home to fit you and your family’s needs. It means building out the kitchen or an open concept living room for parties you’ve always wanted, including reworking the layout of the house to fit something that fits you.
As long as you’re willing to put in the work and can live with budgeting time as well as finances, your fixer-upper could become the dream home you’ve always envisioned. As long as you don’t expect it to happen overnight and carry through, whatever vision you have can happen, which is a blank slate you won’t get in another home without having to pay even more to remodel it.
Project Manager Dream
If you or your spouse loves to plan, then there’s no better way to achieve that goal than with a fixer-upper. True, it’s a lot of work, but if you thrive in having a project to come home to, then a fixer-upper is ideal. It gives you a sense of accomplishment for building something every day with a real sense of progress as your home comes together over the following months.
Further, working on a project like this with your family is a great way to build bonds between each other and with your home. With a fixer-upper, you all have to work together to make the house what you want. This means everyone pitches in to do the boring work, but also everyone gets a hand in decorating and designing their space to be really theirs. And as you remodel your fixer-upper, you’re really building something greater together, something you made as a family. It’s not just a family project; you built a home together.
If you’re looking for a fixer-upper in the Plymouth or Flint area, then choose RE/MAX Select to help you find your new home. We’ll help you find the perfect house for you to start making your dream home, and help you negotiate a fair deal to give you a headstart on your bigger remodeling projects. Contact our local real estate agents today to finish your house hunt.