We often hear the term “fixer upper” but what exactly does it mean?
By definition, a fixer upper is a house that requires renovation. Fixer uppers can be purchased for a fraction of the price of newer, more updated homes, then homeowners can customize it to their own personal taste and style.
Fixer uppers are either bought by those who want to flip the house for a profit, or by home buyers who wish to turn the ugly duckling of the neighborhood into their customized dream home.
What Makes a House a Fixer Upper?
A fixer upper home is a house that is not attractive to home buyers but will be once home renovations are completed. Outdated features, undesirable layout, peeling paint and old fixtures can turn off many home buyers, except those who see past these negatives and turn them into positives.
If a fixer upper isn’t in a good location, it isn’t a worthwhile investment. Location is what will set a fixer upper apart after the renovation portion of the project is completed. Everything on both the interior and exterior of the home can be changed except the location.
Any renovation done to a fixer upper will contribute towards the overall value of the home. By hiring Renovation Realty, our team will be there every step of the way of your project – from finding the fixer upper, to designing it all the way through to the building phase. We can advise where to invest your money for the best return on investment.
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!
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