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  • First Time Home Buyers | Texas Real Estate Blog

    Tuesday, June 5, 2018   /   by Grant Williams

    Top Tips First-Time Buyers Should Know Before Purchasing a Fixer-Upper

    Photo via Unsplash
    Top Tips First-Time Buyers Should Know Before Purchasing a Fixer-Upper
     
    A fixer-upper can be a rewarding way to put your creative juices to work and even make a profit. As long as you pick a house that won't swallow up your budget with expensive hidden repairs, a fixer-upper can be a cheaper way to obtain your dream home. Plus, you don't even need to be a master designer or professional contractor to get the job done. Read on to find out how to best prepare for this exciting endeavor.

    Decide if You're Going to Stay or Sell 
    Fixer-uppers are cheaper to buy than homes that are ready to live in, but they can still be pricey. Consider that the average listing price for a fixer-upper in Austin, Texas, is $429,000. Purchasing a fixer-upper is still an investment. So, consider your long-term plans for the home before making a purchase. 
    Deciding if you will sell the home or live in it when you're finished will help you determine whether to stick to. ...

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