Real Estate In Red Deer & Area
Real Estate in Red Deer, Jon & Denise Nichols Real Estate in Red Deer, Jon & Denise Nichols

FIXING YOURSELF UP WITH A FIXER-UPPER

Fixer Upper

Do you have what it takes to turn a dump into a dream? It’s easy to fall under the spell of reality TV’s quick and dramatic fixer-upper transformations, but don’t be fooled into believing that every project has a fairy tale ending.

Buying a fixer-upper is a great way to get into the market, but it’s a huge decision that shouldn’t be taken lightly. Here are a few things to consider if you’re ready to take on the task:

Inspect the Unexpected
Have the home inspected by a highly qualified professional to help make sure you don’t end up with a structurally flawed money pit.
 
Time & Money
Set your renovation budget with a bit of wiggle room to allow for any unexpected surprises. The same goes for your timeline as delays are inevitable.
 
D.I.Why?
Fixing up a home is a great opportunity to learn new skills, but it’s also important to know your limits. Mistakes can be made while painting but tiling, for instance, is a one-shot deal.


Strong Foundation
The unexpected twists and turns of a renovation will drain time, money and energy. Living with the mess can also be stressful so make sure you and your partner have a solid relationship.


Think Ahead
It’s important to think long-term and try to determine what your newly fixed up home will be worth to the next set of potential buyers.
 
Buying a fixer-upper can be an extremely rewarding experience but it’s also a lot of work. It’s therefore important to carefully examine the pros and cons and to be clear about whether you’re willing to undergo a full-on renovation or just a little cosmetic work. Whatever you decide, please don’t hesitate to get in touch if you have any questions!

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Jon Nichols

Jon Nichols
Century 21 Advantage
Phone: 403.302.0800
Email:

Denise Nichols

Denise Nichols
Century 21 Advantage
Phone: 403.302.9498
Email:

Jez Nichols

Jez Nichols
Century 21 Advantage
Phone: 403.392.7002
Email: