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.      

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The Jeff Scofield Team
RE/MAX PLUS
2171 Monroe Avenue
Rochester, Pittsford and Brighton, NY 14618
585-721-3010
585-730-9110
Email: thejeffscofieldteam@gmail.com

As one of America's NUMBER1EXPERTS� in the Rochester area, Jeff has a passion to ensure that his buyers get the best home at the best price. His utilization of master negotiating skills, extensive knowledge of the local housing market, and attention to detail have successfully served hundreds of buyers. Jeff utilizes his MBA in marketing to successfully market the homes of his sellers. His marketing system provides an unequaled amount of advertising and exposure for his clients' homes along with sound advice on presentation and price. Call or e-mail him today!!!