Networx: Buy a fixer upper or a move-in ready home?

Laura Firszt More Content Now
Purchasing a fixer uppper allows, you to create the home that you want. [Warren LeMay/Wikimedia Commons]

Decisions, decisions. That’s what buying a home is all about. Probably the most crucial decision - once you’ve chosen a location and price point - is whether to buy a fixer upper or a move-in ready house. Popular TV shows like "Property Brothers," "This Old House," and the late great "Fixer Upper" make DIY home improvement look like a piece of cake … but is it really?

How would you define fixer upper vs. move-in ready?

My definition of a fixer upper is a home that will need significant work either prior to - or right after - moving in. 

 What are the advantages of buying a fixer upper?

If you’re able to put in monetary resources, time and perhaps sweat equity, you get to create the home that you wanted, specific to your own taste. Often if you budget correctly and do the projects to scale you’re able to grow your equity.

Get the full article at https://www.networx.com/article/buy-a-fixer-upper-or-move-in-ready.