When Choosing a Fixer-Upper Makes Cents

Some renovations can significantly increase the market value of a home. Others can cost more than you’ll ever get back.

So, when choosing a “fixer-upper”, look carefully at the work that needs to be done.

General painting, and bathroom or kitchen renovations typically increase the resale value of a house. “Invisible” repairs such as plumbing, electrical, or heating systems do not.

Before you buy, work with your REALTOR® to develop a market value estimate of the house you are considering as though the renovations you’re contemplating are already complete.

If the math works, go for it. Buying a “fixer-upper” can be very rewarding.

Your Real Estate Connection:
Marina Gavrylyuk
Real Estate Agent with Sutton Group Summit Realty
www.MarinaG.ca
Marina.Realtor
RentListingService.comCondos and Houses for rent
CondoName.comNew and Resale Condos and Towns from Developers

Marina Gavrylyuk
Sales Representative
Sutton Group-Summit Realty Inc. Brokerage

1100 Burnhamthorpe Road West #27
Mississauga, Ontario, L5C 4G4

Cell: 416-843-1515 Tel.: 905-897-9555
Email: Marina@MarinaG.ca
Web: www.MarinaG.ca
Marina.Realtor

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s