Questions to Ask When Buying a Fixer-Upper

If you’re thinking of selling your home and buying a new property, you might come across an opportunity to purchase a “fixer upper”. In fact, the home might be priced based on its need for work.

Should you buy that “fixer upper”? That can be a tough decision. Here are some questions you should consider:

  • What repairs need to be done?
  • Are there any major items that will need to be replaced soon, such as the furnace?
  • What renovations are needed? How much, realistically, are those going to cost?
  • How much of the work can you do yourself?
  • How long will it take for the improvements to get done? (How long will you need to live with drywall dust?)
  • How does the price of a comparable “move in ready” property compare to this one?

Of course, before considering purchasing any property – especially one that needs work – you should get a professional home inspection. It will uncover any issues you can’t catch during a viewing. Ultimately, you’ll have to weigh the pros and cons before buying a fixer upper. 

If you'd like to chat more about the pros and cons, or need a recommendation on who to call for that home inspection, give me a call or get in touch using the form below and I can help get you on your way to finding your dream home!

Phone(250) 682-5986

Email[email protected]

Address My Kamloops Listings
Personal Real Estate Corporation
BRENDAN SHAW REAL ESTATE LTD
109 Victoria Street
Kamloops, BC V2C 1Z4

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