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If you’re trying to buy a home and are having a hard time finding one you can afford, it may be time to consider a fixer-upper.

Fixer-uppers can be a really great option if you’re looking to break into the housing market or want to stretch your budget further. 

According to NerdWallet:

“Buying a fixer-upper can provide a path to homeownership for first-time home buyers or a way for repeat buyers to afford a larger home or a better neighborhood. With the relatively low inventory of homes for sale these days, a move-in ready home can be hard to find, especially if you’re on a budget.”

It may be time to cast a wider net. 

Sometimes the perfect home is the one you perfect after buying it. 

Here’s some information that can help you pinpoint what you truly need so you can be strategic in your home search. First, make a list of all the features you want in a home. From there, work to break those features into categories like this:

  • Must-Haves - If a house doesn’t have these features, it won’t work for you and your lifestyle.

  • Nice-To-Haves - These are features you’d love to have but can live without. Nice-to-haves aren’t dealbreakers, but if you find a home that hits all the must-haves and some of these, it’s a contender.

  • Dream State - This is where you can really think big. Again, these aren’t features you’ll need, but if you find a home in your budget that has all the must-haves, most of the nice-to-haves, and any of these, it’s a clear winner.

 

Once you’ve sorted your list in a way that works for you, you're ready to take action. I will help you find homes that deliver on your top needs right now and have the potential to be your dream home with a little bit of sweat equity. Lean on my expertise as you think through what’s possible, what features are easy to change or add, and how to make it happen. I have a network of inspectors, contractors, electricians, landscapers... We will decide which upgrades and renovations will set you up to get the greatest return on your investment if you ever decide to sell down the line.

Bottom Line

If you haven’t found a home you love that’s in your budget, it may be worth thinking through all your options, including fixer-uppers. Sometimes the perfect home for you is the one you perfect after buying it. To see what’s available in our area, let’s connect.

The BEST Time to Buy or Sell is Now

There are many reasons why sellers and buyers believe waiting is the best decision with all the unknowns in 2024. Layoffs are a blip in the lifeline of Silicon Valley. Don't let sensationalized news articles cause you to waiver. Take action now! 

Another well-executed transaction

Silicon Valley has come out of the deep freeze of 2023. Let's get your home sold, and/or get you into the home of your dreams.

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