Buying a fixer upper home instead of a new, move-in ready home can be intimidating to some homeowners, but the experts at Renovation Realty are here to tell you it’s less complicated than you might think.
In the real estate world, it’s all about location. Instead of buying a new house in a mediocre location, buying a fixer upper to renovate allows your family to choose the ugly duckling in the best neighborhood then remodeling it to your exact personal taste. You can change everything about the interior and exterior of a home, but the location cannot change.
There are many reasons to go the fixer upper route beyond getting the best location. Below are 6 reasons why buying a fixer upper home to renovate is the way to go.
Location
Location is the biggest reason for choosing to renovate a fixer upper. Not only does your family get to enjoy the great neighborhood, but having a new home in a good location is excellent for resale value too.
Lower Price
Although you will be spending money on renovations, we will factor that price into your total budget and make it work. The bottom line is you will get the fixer upper at a lower price, meaning you need less money for a down payment and financing.
Less Competition
As we’ve seen in this booming real estate market, there’s a lot of competition for move-in ready homes. This creates bidding wars and selling prices over asking price. However, there will be less competition for your fixer upper home so you can avoid all those hurdles going this route.
Your Design
Renovating a fixer upper home means you can customize it exactly how you like it. Alongside our design experts helping you through the process, you can choose your materials, finishes, layout and all the details in between.
Charm
When buying a fixer upper, there’s more of a chance of keeping the original charm of the home. This can’t happen in a newer home. If restoring some original elements of the home is important to you, this is a major advantage.
Design-Build Firm
Having a design-build firm in your corner makes this process feel like a breeze. Our home remodeling team consists of realtors, designers and contractors, who will take control of each step of finding a fixer upper and remodeling it into a brand new forever home so you don’t have to do all the work.
Our qualified professional remodeling team can assist you in creating the home of your dreams on the north shore of Nassau county, Long Island. We are your local realtor, designer and contractor of choice in towns like Oyster Bay, Manhasset, Plainview, Jericho, etc. For more information on our Long Island-based remodeling contractors, book an appointment today!
The Clear Advantage
Finding, Designing, and Building
your forever home is a daunting and overwhelming task, involving dozens of professions and services.
By working with ONE TEAM of professionals we are able to simplify, steamline, and provide creative solutions from beginning to end.