Buying Highlands NC Real Estate, Do You Want a Project?
If you are buying Highlands NC real estate you may be asking yourself do you want a project? You may have a definite answer or you may be unsure. Many buyers are not looking for a project but fall in love with a home or property and change their minds. Buyers should understand the value of renovations and whether it makes sense for a particular Highlands NC home for sale.
Renovations hold value
A renovation should add value to a Highlands NC home. As a result, a buyer should calculate this value prior to submitting an offer. This often requires a deeper look at a home for sale. Additionally, you will rely on your Highlands NC REALTOR and perhaps additional experts to determine the value of a home with dated features. Most buyers want to make changes to a home but it is essential to evaluate the cost of these changes. Painting, for example, is a less expensive home improvement. Renovating a bathroom or kitchen or building an addition are more costly changes.
Are renovations necessary?
If you will not be happy with a Highlands NC property unless you make changes to it then you need to think about whether it is worth it. A one-of-a-kind property may make it worth it. However, if another home is in the running that does not require updates you may have a tougher choice. Remember, the price of a fixer-upper should be lower than a home for sale in perfect condition.
Learn more about buying Highlands NC real estate
Contact me, Lynn Kimball today, to learn about buying a home in Highlands NC. I welcome the opportunity to update you on the market while getting you started on your property search. Let my knowledge and experience serve as your guide to buying Highlands NC real estate.
Click here to read “Seeing It All When Viewing Property” from Realty Times.