Fixer Uppers and New Construction
Either you pay a PREMIUM for a done up home or you get a PREMIUM by upgrading your house.
Real Estate is an asset and one should always consider the future potential or how you can add value to home which will benefit you more than just the normal appreciation over the period of ownership. Whether it’s a fixer upper or a well maintained home, by doing some cosmetic upgrades, an owner you dramatically change the appeal, desirability and eventually value of a house. Here are a few samples of listings / projects which I have helped with renovations!!
Fixer uppers are not for everyone, but are great options if you want to save money on the renovations, get the finishes of your choice or sell it for a profit depending on the market conditions. Before you consider a fixer upper, dive deep into the pros and cons, do the market research, cost analysis, and then make an educated decision….. I AM HERE TO PROVIDE THE INFORMATION AND SUGGESTIONS!
New Construction
Who does not want to own a BRAND NEW HOME, especially in the Bay Area where the inventory is limited and it becomes very challenging for a buyer to like these homes built in the 1900s. Like any other industry, housing also goes through changes periodically to accommodate new building codes, architectural designs, floor plans, finish materials and lifestyles!!
As an owner and investor, I have done few projects which include –
1. Fixer upper with cosmetic upgrades
2. Small homes with extensions and full remodels
3. Brand new home
"Building a home comes with its own challenges. It’s a very extensive and time consuming process plus you need to have capital to transform your dream into a reality."
BUILDING A NEW HOME, AT A GLANCE
Pros
- Complete Customization
- Less Competition
- Less Ongoing Maintenance
- Healthier Home
- Better Energy Efficiency
Cons
- More Expensive Financing
- Unexpected Costs and Delays
- More Time and Stress
- More Effort
