Most buyers want a home that is in tip-top condition and ready for them to occupy, but many homes sell for bargain prices because they need work. Buyers love "fixer-uppers" for the obvious reasons: the affordable price and the satisfaction of remodeling the house to accommodate your tastes and needs.

Whether you are buying the property for yourself or as an investment, choose a house that is in a good location and structurally sound. It should be priced enough below market value (usually 25%) to allow plenty of room for a profitable re-sale after the work is completed.

It is important to educate yourself before taking on a fixer-upper project. Inexpensive cosmetic improvements often give the greatest return on your investment-- paint will increase the value three times for every dollar invested. Landscaping, carpeting, and light fixtures are also relatively inexpensive improvements. Try to avoid purchasing a house that needs expensive structural improvements such as a new roof, plumbing, wiring, or foundation repairs.

Remodeling a kitchen will rarely add more than the cost of the upgrade, but new appliances usually give a fine return. An extra bathroom is the best renovation from an investment point of view, often giving twice its cost in added value.      

	See All Tips In The "Bargain Properties" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

Greg Adams
Century 21 Bradley
6357 Constitution Drive
Fort Wayne, IN 46804
Cell: 260-433-0844
Fax: 260-434-1374
Office: 260-434-1344
Voice Mail: 260-479-1132
gregadamsteam@NUMBER1EXPERT.Com
gadams3327@aol.com

As a Fort Wayne native and a lifetime resident Greg Adams’ has a vast knowledge of the area and local community, and as a result, has a unique perspective on the city and what it has to offer. His exceptional ability to think outside the box when a situation requires a unique and innovative solution makes him a top producing realtor. He has over 33 years of experience, numerous awards and an impressive record of being in the top1% of his field. Whether you are new to the market, thinking of moving up, or even an experienced investor, Greg has the expertise, energy, enthusiasm and access to resources to help you achieve your goals. With a combined 40 years experience in real estate and over 2500 homes marketed and sold, our clients’ best interest is our teams top priority! You can expect individual attention from Greg and his team comprised of Beth Watkins, Heidi Kleinrichert and Rhonda Colbert. Our motto is, “Putting the needs of clients is the first and foremost objective of our team.” Call today for your personalized attention 260.433.0844!

www.GregAdamsTeam.com is brought to you by Greg Adams Team
NUMBER1EXPERT™ in real estate for Fort Wayne, Perry Township and Aboite Township, Indiana

Read Greg Adams Team's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge