In today's market, many buyers forego fixer-uppers for move-in-ready homes. There are many opportunities in prime locations, as well as homes that require work, to stay on the market.
Smart consumers are drawn to homes that no one else wants in competitive markets. Why? They can personalize the home to meet their needs and create equity.
Living in a Home:
Based on the condition of your home and your priorities at that time, you may have visions for what you want to do with it. It's hard to predict how the house will be used, and what you will like about it until you live there. It's your daily experience that will guide your home improvement decisions.
Break after buying Home:
A home purchase is a huge undertaking, a major change in your life, and a shock to your system. Buyers can jump through hoops and spend months searching for homes. Sometimes it can even become a part-time occupation. Home renovations can be a stressful undertaking due to all the decisions that must be made and contractors to work with.
It Always takes time:
No matter how small the renovation is, it should be done with care. This means that you need to consult multiple architects, contractors, and designers in order to get their opinions on your ideas and options. It can be time-consuming. A one-hour meeting with a qualified contractor can reveal opportunities that you didn't know existed. Movinglaundry machines from garage to top floor in larger renovations can save you money and time.
However, it is possible to have problems later by hiring contractors and architects while you are still within the escrow period. You should be willing to do some work on your home but don't get stressed about it all. You can live with the home as it is for six months to one year. You can take the home on a test drive to see how it performs. It's possible to be amazed at the changes in your priorities and perspective once you settle down.
