Questions to Ask When Buying a Fixer-Upper


If you're thinking of selling your home and buying a new property, you might come across an opportunity to purchase a "fixer upper." In fact, the home might be priced based on its need for work.


Should you buy that "fixer upper"? That can be a tough decision. Here are some questions you should consider:

  • What repairs need to be done?

  • Are there any major items that will need to be replaced soon, such as the furnace?

  • What renovations are needed? How much, realistically, are those going to cost?

  • How much of the work can you do yourself?

  • How long will it take for the improvements to get done? (How long will you need to live with drywall dust?)

  • How does the price of a comparable "move in ready" property compare to this one?


Of course, before considering purchasing any property - especially one that needs work - you should get a professional home inspection. It will uncover any issues you can't catch during a viewing. Ultimately, you'll have to weigh the pros and cons before buying a fixer upper.

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Maggie Ward, Realtor

Broker Associate, SRES

DRE #01016282

HomeBased Realty

42402 10th St West, Ste J

Lancaster, CA 93534

MaggieWardRealtor@gmail.com

661-209-1776 (c)

661-362-0199 (f)

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