What is a Fixer-Upper?
If you’re buying a house that’s considered a “fixer-upper,” here’s what you need to know.
What is a “Fixer-Upper”?
The term fixer-upper refers to a house that needs some work and a lot of TLC before the owner can live in it (or before it can be turned into an investment property). In many cases, buyers get a fixer-upper when they want:
- A lower sales price
- Potential resale profit
- Less competition for the home
There can be drawbacks, though, which usually involve the cost and time involved in making the repairs.
Quick, affordable fixes include:
- Patching walls and repainting
- Refinishing floors
- Installing new light fixtures
- Replacing baseboards
- Fixing windows
- Replacing doors
- Painting the exterior
Some things can be a lot more expensive, particularly when you have to hire someone to do them for you, including:
- HVAC system replacements or repairs
- Fixing foundations
- Roofing
- Plumbing, electrical and sewer fixes
- Concrete
- Remodeling kitchens or bathrooms
Are You Looking for Homes for Sale in Tampa’s Suburbs?
If you’re thinking about moving to Tampa, check out the links below to search for homes with just one click:
When you’re ready to start looking at homes for sale in Hillsborough County, Pasco County or Pinellas County, we’re here to help.
Call us at 727-584-8480 or 813-961-6000. If it’s easier, get in touch with us online. We’ll begin searching for your new home right away.
